how to calculate days of payables?
['Formula A:', '(Average Accounts Payable ÷ Cost of Goods Sold (COGS)) x Number of Days in Accounting Period = Days Payable Outstanding.', 'Formula B:', 'Average Accounts Payable ÷ (Cost of Sales ÷ Number of Days in Accounting Period) = Days Payable Outstanding.', 'Note: For Formula B,']