Receivables and Payables Days | | A-Level, IB & BTEC Business

[@tutor2u-official]

If you find this video helpful, don't forget to like it! and SUBSCRIBE TO the tutor2u Channel to be alerted as soon as we've uploaded new topic videos like this one.

[@ittybawa]

You're saving lives Jim!

[@carolynanderson2934]

This was very helpful. Thank you so much!!

[@excellkross]

Thank you so much this helped me

[@tutor2u-official]

Glad it helped!

[@Ezinma88]

Really clear. Thanks

[@dr.mohamedmoosa.s]

Excellent Explanation Sir

[@tutor2u-official]

Keep watching

[@miguelsandoval8203]

I got a bit confused, when determines "accounts payable trade" from the balance sheet, am I using accounts payable line, or am i using the sum of current liabilities?

[@marinabaskakova2333]

Shouldn’t one use avg. receivables and avg. payables?

[@giantcat4354]

I've found these videos very helpful and am grateful for this channel but this still doesn't make sense to me. If I'm plugging the amount of money owed and dividing by sales revenue then I can see how that generates a percentage of sales that is owed but how on earth does timesing it by 365 days in a year give any indication of the days it takes to pay? Baffled.

[@stessyangeck8657]

very useful........

[@benjaminbassie3167]

Bravo

[@Trizzzy]

is this in edexcel?

[@tutor2u-official]

Yes - both these two ratios are in the Edexcel A Level Business specification

[@Hindi._61]

bro cost of goods/ creditors *365 comes payble days you are wrong