Creditor Days: How to Calculate your Creditor Payment Ratio

A Creditor Payment Days ratio calculation will show you how long on average it takes to pay your creditors. If you have the right information to hand it’s easy to calculate it and in this video Rob Warlow from Business Loan Services takes you through the steps.

If you are applying for a business loan Banks will also use this ratio so calculating it before you engage with the bank can help address potential issues early on.

You can also learn how to calculate your Debtor Days ratio in this video: Debtor Days: How to Calculate Debtors Day Ratio.

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