What is AVERAGE PAYMENT PERIOD?

The time a company takes to pay off purchases with credit. This keeps the working capital from changing.

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Related Legal Terms
AVERAGE PAYMENT METHOD, AVERAGE SETTLEMENT PERIOD, AVERAGE COLLECTION PERIOD, AVERAGE WORKING CAPITAL, FRANKED PAYMENT, PAYMENT PLAN, GO SHOP PERIOD, TIME PERIOD ASSUMPTION, CASH PAYBACK PERIOD, COLLECTION PERIOD


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