Accounts Payable Turnover Calculator

Calculate AP turnover ratio and days payable outstanding

Total credit purchases from suppliers during the period. Ideally use net credit purchases (total purchases minus cash purchases and purchase returns).
$
Accounts payable balance at the start of the period from the balance sheet.
$
Accounts payable balance at the end of the period from the balance sheet.
$
Number of days in the accounting period. Use 365 for annual, 90 for quarterly, 30 for monthly.
days

Results

Average Accounts Payable-
AP Turnover Ratio-times
Days Payable Outstanding (DPO)-days
Payment Assessment-
References: Kieso, Weygandt and Warfield - Intermediate Accounting; CFA Institute - Financial Statement Analysis; FASB ASC 210 - Balance Sheet presentation of payables.