Accountancy · Class 12
Trade Payables Turnover Ratio Calculator for Class 12 Accountancy
Calculate average trade payables and trade payables turnover ratio from net credit purchases and opening and closing trade payables.
Formula
Trade Payables Turnover = Net Credit Purchases ÷ Average Trade Payables
Worked example
Net credit purchases of 6,00,000 and average trade payables of 1,00,000 gives a turnover ratio of 6 times.
The interactive calculator on this page accepts your own question values and displays the final answer with step-by-step working.
Frequently asked questions
What formula does the Trade Payables Turnover Ratio Calculator use?
This calculator uses: Trade Payables Turnover = Net Credit Purchases ÷ Average Trade Payables. The interactive page shows the working step by step.
Is the Trade Payables Turnover Ratio Calculator free?
Yes. It is free to use and does not require a login.
Can I use the calculator for exam preparation?
Yes. Use it to check numerical working and then practise writing the formula, substitution and final answer yourself.
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