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Old 03-17-2008, 12:55 AM   #2 (permalink)
ZaddY
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As far as I know, there is only one formula for Accounts Payable turnover ratio:

Accounts Payable Turnover = Total Purchases / Average Accounts Payable

APT is a good way to measure how many times per period the company pays its average payable amount. Investors are interested in this from some reason.
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