The trade payables turnover ratio can be manipulated by management through paying off more of their vendors at the end of the year, even though they have been paying late all year, so their ratio would look acceptable.

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This is a common technique used by management to manipulate the trade payables turnover ratio. By paying off more vendors at the end of the year (even if they have been paying late all year), the ratio will appear better, making the company's financial health appear stronger than it is in reality. However, this is not a sustainable or ethical practice, and it can ultimately harm the company's reputation and relationships with vendors.

The Trade Payables Turnover Ratio Can Be Manipulated by Management