Definition
Money a business owes suppliers for received goods or services.
Why it’s relevant today
Payment timing influences company cash flow and supplier health.
Why it matters
Payables are a key source of short-term operating financing.
Money a business owes suppliers for received goods or services.
Payment timing influences company cash flow and supplier health.
Payables are a key source of short-term operating financing.
Discussion
Sign in to upvote, join the discussion, and keep track of what you learn.
Start the discussion with a question, example, or useful connection.