English version

creditor turnover rate

From Longman Business Dictionary
Related topics: Trade, Finance, Economics
creditor turnover rateˌcreditor ˈturnover rate noun [countable usually singular] ACCOUNTINGECONOMICSCOMMERCEthe amount a company owes its suppliers at any one time as a percentage of the total amount it buys from suppliers during a year. The credit turnover rate shows how quickly a company usually pays its suppliers
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