$$\begin{array}{l}
\begin{array} {lll }
&£000\
\text {Inentory}&1,800\
\text {Trade payales}&3,780\
\text {Trade receizales}&4,050\
\text {sales}&49,275\
\text {Cost of sales}&32,850\
\end{array}
\end{array}$$ Based on the above figures, what are the payables days?

Question

$$\begin{array}{l}
\begin{array} {lll }
&£000\ 
\text {Inentory}&1,800\
\text {Trade payales}&3,780\
\text {Trade receizales}&4,050\
\text {sales}&49,275\
\text {Cost of sales}&32,850\
\end{array}
\end{array}$$ Based on the above figures, what are the payables days?

Quizplus · Accepted Answer

Payables days = (Trade payables / Cost of sales) * 365. Here, it's (3780 / 32850) * 365 = 42 days.

Based on the Above Figures, What Are the Payables Days