The payables turnover is the number of times,on average,that accounts payable are paid in an accounting period.

Name: The payables turnover is the number of times,on average,that accounts payable are paid in an accounting period.
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The statement accurately describes the payables turnover ratio, which measures how quickly a company pays off its suppliers by determining the number of times it pays its accounts payable balance during a given period.

The Payables Turnover Is the Number of Times,on Average,that Accounts