Ratios
reynolds30
Registered Posts: 2 New contributor 🐸
I am in the process of creating some new ratios for our management reports and I can't for the life of me remember how to do debtors, creditor and stock days.
I have actually dug out my old BPP unit 11 book and still can't work it our from the figures in my accounts.
Can anyone supply an idiot guide for me, as my brain is old and frazzled.
Thanks
I have actually dug out my old BPP unit 11 book and still can't work it our from the figures in my accounts.
Can anyone supply an idiot guide for me, as my brain is old and frazzled.
Thanks
0
Comments
-
Hi,
If this is for the calculation of Receivable Collection days and Trade payable payment period the calculations are
Trade Payable x 365
Purchases
For Trade receivables
Trade Receivables x 365
Revenue
Inventories
Inventories x 365
Cost of sales
Hope this helps
Regards
Matt:thumbup1:0 -
Was that in Welsh or English????.....lol0
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