AFTER-TAX PAYABLE PERIOD
The average time period for a company to receive goods and pay the suppliers for the delivered goods, using cost of sales values and after-tax accounts payable. The value is commonly determined either yearly or quarterly, thereby substituting the N, 365 (for yearly values) or 90 (for quarterly values) in the formula below:
(average after-tax accounts payable / after tax cost of sales) * N number of days
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Premium
The total cost of an option.
The difference between the higher price paid for a fixed-income secur ...
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