What is the definition of Payables to inventory ratio? | Dictionary.net

PAYABLES TO INVENTORY RATIO

\pˈe͡ɪəbə͡lz tuː ˈɪnvəntɹˌi ɹˈe͡ɪʃɪˌə͡ʊ], \pˈe‍ɪəbə‍lz tuː ˈɪnvəntɹˌi ɹˈe‍ɪʃɪˌə‍ʊ], \p_ˈeɪ_ə_b_əl_z t_uː ˈɪ_n_v_ə_n_t_ɹ_ˌi ɹ_ˈeɪ_ʃ_ɪ__ˌəʊ]\

Definitions of PAYABLES TO INVENTORY RATIO

1910 - Black's Law Dictionary (2nd edition)

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A ratio written as weeks of inventory purchases that are unpaid. Dependent upon the terms of credit provided by the suppliers, as well as the payment policies that have been set up by the firm.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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