Accounts Payable Turnover Calculator

Calculate AP turnover ratio and days payable outstanding.

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AP Turnover

Enter total supplier purchases and average accounts payable.

AP turnover ratio
0.0x
Days payable: 0
Avg accounts payable
$0
AP turnover ratio
0.0x
Days payable outstanding
0
Industry benchmark
—

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Total supplier purchases ($)$500,000
Beginning AP balance ($)$40,000
Ending AP balance ($)$60,000
ResultValue
AP turnover ratio10.0x
Avg accounts payable$50,000
Days payable outstanding37 days
Industry benchmarkNormal range

Values shown are produced by this page in your browser; change any input to update them.

How to use the AP Turnover

  1. Total supplier purchases ($) — default $500,000
  2. Beginning AP balance ($) — default $40,000
  3. Ending AP balance ($) — default $60,000
  4. Press Calculate to update the results instantly.

Frequently asked questions

It varies by industry, but 12-18 turns a year is typical for retailers and wholesalers. A lower ratio means you hold cash longer, which helps liquidity but can cost you early-payment discounts.
AP turnover = total supplier purchases ÷ average accounts payable, where average AP is (opening + closing) ÷ 2. Divide 365 by the ratio to get days payable outstanding.
Usually that you are paying suppliers more slowly or buying more on credit. Slower payment improves short-term cash flow but can damage supplier relationships and put early-payment discounts out of reach.

Sources & references