The Average Creditors Days metric is a measure of how long it takes a business to pay its suppliers. It is calculated by dividing accounts payables by the average daily cost of goods sold and is a key indicator of a company's cash flow management and supplier relationships.
With Databox you can track all your metrics from various data sources in one place.
Used to show a simple Metric or to draw attention to one key number.
Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Average Creditors Days using Databox, follow these steps:
This dashboard provides insights into net cash flow, bank balances, cash inflows and outflows, and key cash flow metrics like days payable/receivable and outstanding payments. It helps businesses monitor liquidity and optimize financial planning.
This report gives a snapshot of financial results using Xero data on income, expenses, cash flow, balance sheet, and overall financials, supporting informed financial decisions.
The Budget Summary by Type metric provides a breakdown of budgeted amounts for income and expenses by category type.
The opening balance metric is the amount of funds or value that a business has at the beginning of a financial period, which is carried over from the previous period or from the initial investment.
Total Liabilities is a financial metric that shows the total amount of obligations owed by a business to creditors and other parties, including loans, accounts payable, and accrued expenses.
The Invoices Issued metric measures the total number of invoices that have been created and sent to customers during a specified period in Xero accounting software.
The Awaiting Payments Amount metric in Xero shows the total amount of outstanding invoices that have not yet been paid by customers. It helps businesses keep track of how much revenue is yet to be received, and which customers need to be chased for payment.
The Expenses metric in Xero tracks the money spent by a business on various costs such as office supplies, rent, utilities, and employee salaries. It helps in analyzing the company's financial health by providing insights into where the money is being spent and how it can be optimized.
Gross Profit Margin is a financial metric that measures how much profit a company makes after deducting the cost of goods sold from its revenue.
Assets to Liabilities metric is a financial ratio used to determine a company's ability to pay off its debts with its assets. Higher ratio indicates better financial health.