Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.
An accounts payable turnover ratio typically measures the number of times a company pays its suppliers during a specific accounting period. It usually determines the ability of a company to manage and pay its liabilities to suppliers. Typically, the ratio provides investors an idea of how swiftly the company can settle its accounts.
