"Trade payables" refers to the amount of money a company owes to its suppliers or vendors for goods or services that have been received but not yet paid for. It represents the company's current obligations to pay its suppliers.
Sentences with «trade payables»
E.g. I can find arguments in favour and against including liabilities such as trade payables or tax liabilities. (greenbackd.com)
FCIA's Trade Payables Financing Policy provides coverage to a bank against nonpayment of trade accounts payables due from a single obligor to a single or multiple sellers of goods or services. (greatamericaninsurancegroup.com)
This primarily stems from the fact that such retailers are able to negotiate long credit periods with suppliers while offering little credit to customers leading to higher trade payables as compared with trade receivables. (accounting-simplified.com)