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Xero Average Creditors Days

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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Average Creditors Days 2.190,879 Start tracking this metric
  • About
  • Tech details
What is "Average Creditors Days"?
The Average Creditors Days metric represents the average number of days it takes for a business to pay its creditors for goods and services purchased on credit. It is a measure of a company's efficiency in managing its cash flow and supplier relationships, with a lower average indicating a better ability to meet payment obligations and potentially negotiate better terms with suppliers. The metric is calculated by dividing the total accounts payable by the cost of goods sold and multiplying by 365 days.
Example: A company uses the Average Creditors Days metric to track the number of days it takes to pay its suppliers on average.

Visualizations

  • Databox visualization

    Number

    Used to show a simple Metric or to draw attention to one key number.

How to track Average Creditors Days in Databox?

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:

  1. 1
    Connect Xero that contains the metric you want to track
  2. 2
    Select the metric you want to track from the list of available metrics
  3. 3
    Drag and drop the selected metric onto your dashboard
  4. 4
    Watch your dashboard populate in seconds
  5. 5
    Put Average Creditors Days on the Performance screen
  6. 6
    Get Average Creditors Days performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Average Creditors Days
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Xero integration with Databox Track Average Creditors Days from Xero in Databox GET STARTED

Xero Average Creditors Days included in Dashboard Templates 1

Xero Average Creditors Days included in Report Templates 1

  • Details

    Xero Financial Overview Report

    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.

    Xero

Basics

  • Description
    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.
  • Category
    Accounting
  • Subcategory
    Creditors
  • Date Added
    2017-03-09
  • Default Format
    0.0
  • Cumulative Support
    No
  • Units
    No
  • Granularities
    monthly, quarterly, yearly
  • Favorable Trend
    decreasing
  • Historical Data
    Yes
  • Changing historical data
    No
  • Forecast Support
    Yes
  • Benchmark Support
    Yes
  • Media Support
    No
  • Dimension
    N/A
  • Metric Type
    general Learn more
  • API Endpoint
    https://api.xero.com/api.xro/2.0/reports/ExecutiveSummary

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