APT
Accounts Payable Turnover
The Accounts Payable Turnover KPI shows the rate at which your business pays off suppliers. The ratio is the result of dividing the total costs of sales during a period (the costs your company incurred while supplying its goods or services), by your average accounts payable for that period. [1]
Primary
[1] Retrieved May 21, 2021, from https://www.accountingdepartment.com/blog/12-key-performance-indicators-you-should-be-tracking