李同学2019-01-26 15:34:54

Gill Co. has cost of goods sold of $100 million with an accounts payable balance of $92 million at the end of the first quarter. In the second quarter, the company has cost of goods sold of 100 million with an accounts payable balance of $90 million at the end of the quarter. Assuming that the first and second quarters have 90 and 92 days respectively, which of the following is the most likely conclusion from this data? Gill Co. has: A slowed its rate of payment to vendors. B accelerated its rate of payment to vendors. C maintained its rate of payment to vendors. c The days sales payable (DSP) for both periods is the same at 82.8 days. Quarter 1: ($92 million / $100 million) X 90 days = 82.8 days and Quarter 2: ($90 million / $100 million) X 92 days = 82.8 days. 两个问题： 1[DSP = (Accounts payable / Costs of goods sold) X (Number of days)].这个公式和payable turnover表示相似的含义吗？ 2.Purchase/Ave AP这里没有Purchase就用COGS了是么？