Managing Accounts Payable: 5 Critical Financial Ratios

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Ratios pay a critical role in managing the accounts payable component of your financial statements. Through. In particular, we’ve identified five critical financial ratios that serve as the essential tools for organizations looking to efficiently and effectively optimize cash flow, maintain liquidity, and ensure the overall financial health of their organizations. Using these powerful financial metrics you’ll be better positioned to manage the accounts payable portion of your cashflow. Make sure you stick around until the end when we take a look at one critical ratio, rarely mentioned in financial discussions. Alas, many pay a steep price for that oversight. #finance #accountspayable #DPO #ratios

Link to Data Analytics for Accounting/Accounts Payable https://youtu.be/jNzfTsC24tY

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