30 Best Accounting KPIs and Metric Examples for 2021 Reporting
Insight Software
OCTOBER 7, 2021
When accounts payable departments pay their bills accurately and on time, it maintains good relationships with external vendors which can lead to favorable payment terms and discounts. However, if DPO is too high it can indicate that the company may have problems paying its bills.DPO = (Accounts Payable / Cost of Goods Sold) x # of Days.
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