inna propozycja

Days Purchases Outstanding are the number of days accounts payable are outstanding. Also known as Accounts Payable Days-on-Hand. The formula for Days Purchases Outstanding is [Average Accounts Payable / (Cost of Goods Sold)/365 days]. For example, a company has $1,000 in accounts payable, and $10,000 in cost of goods sold. Days Purchases Outstanding are [$1,000 / ($10,000/365 days) =36.5 days].