Managing Payables (Creditors) –Checklist

In the working capital equation,one key area is the managing of Payables which is the creditors or vendors who the company owes money to for the purchases of raw materials or finished goods.

It’s critical to understand that in the working capital cycle/cash conversion cycle,purchasing of raw materials or finished goods is the [...]

February 21st,2007 | Tags:Payables | Category:Accounts Payables | Leave a comment