The Average Creditors Days metric is a measure of how long it takes a business to pay its suppliers. It is calculated by dividing accounts payables by the average daily cost of goods sold and is a key indicator of a company's cash flow management and supplier relationships.
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Used to show a simple Metric or to draw attention to one key number.
Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Average Creditors Days using Databox, follow these steps:
This report gives a snapshot of financial results using Xero data on income, expenses, cash flow, balance sheet, and overall financials, supporting informed financial decisions.
The Total Operating Expenses metric in Xero represents the sum of all expenses incurred by a business during its normal operations, including salaries, rent, utilities, and other overhead costs.
Net profit is the amount of revenue a business earns after deducting all expenses, including taxes and interest. It reflects a company's overall profitability and is a key measure of financial success.
Current Assets by Asset is a financial metric that measures a company's short-term liquidity and cash flow by comparing its current assets to the total value of its assets. It helps assess the ability of a company to meet its short-term financial obligations.
Total Liabilities is a financial metric that shows the total amount of obligations owed by a business to creditors and other parties, including loans, accounts payable, and accrued expenses.
Current Equities by Equity metric in Xero shows the value of equity in the business at a given point in time. It takes into account the assets and liabilities of the business to provide an accurate picture of the net worth of the company.
The Creditors metric in Xero tracks the amount of money a business owes to its suppliers or vendors for goods or services received but not yet paid. It helps monitor the company's financial liability and cash flow management.
Assets to Liabilities metric is a financial ratio used to determine a company's ability to pay off its debts with its assets. Higher ratio indicates better financial health.
The Bank fees metric tracks the charges levied by a company's bank for various services such as transaction fees, overdraft fees, and account maintenance fees.