SAINSBURY AND Mark AND SPENCER RATIOS: 2008 AND 2009

Sainsbury and Mark and Spencer Ratios: 2008 and 2009



Sainsbury and Mark and Spencer Ratios: 2008 and 2009

Creditors turn over

A short-term liquidity assess utilized to quantify the rate at which a company pays off its suppliers. Creditors turn over or Accounts payable turnover ratio is calculated by taking the total buys made from suppliers and splitting up it by the average anecdotes payable amount throughout the identical period.



Account payable turnover = 19605810/1869000 (2008)

Account payable turnover = 23580700/ 2134000 (2009)

Creditors turn over of Sainsbury

Sainsbury

2008

2009

Creditors turn over

10.49

11.05

Interpretation

The measure displays investors how numerous times per ...