population of Western Europe to a greater extent than our compatriots familiar with this form of loan as a loan.Credit policy of any state indicates the presence in the country firmly on their feet financially-credit institutions that help maintain the balance between the needs of different categories of citizens and the demand for products of domestic enterprises.
reasons of fairness it should be noted that our lending institutions are in the process of growth, but to date still fall short of the value of similar Western structures.This manifests itself in a less flexible system of lending provincial regions compared with metropolitan areas and major cities.Terms of loans often do not correspond to the depth of the purse of the average citizen, who came from the working class.Also striking a small selection of the conditions of the loan, so the acquisition of, say, a car or even more apartments with the help of a loan becomes unlikely, but for those who dare to take such a loan is converted in the near future into debt.
For any person who has decided to take this step, payables - a fact that does not add optimism because the funds usually have to return for a long time.For large enterprise payables - minus the fat is in the column of the balance sheet.Increase in accounts payable, indicating a continuous growth of the loan, significantly reduces the financial stability of the company.Despite the fact that there are surplus funds, which are typically taken by targeted funding of individual projects, or to close other current debts, we should not forget that these physical resources have leveraged the stamp, and it instantly creates a new obligation to pay.
policy of active lending can be successful in cases where the rate of capital turnover organization enables timely and painless for other activities such loans to extinguish.Among the companies meet this criterion include those products which have a great demand and a correspondingly high level of liquidity.
From the standpoint of economic theory, accounts payable - is involved in the organization of temporary use of the funds, which after a certain period shall be returned to the set percentage of their use, the persons from whom they borrow.There are several other definitions, according to which payables - is the kind of commitments that reflect the debt attributable to the payment of other parties (creditors).Regardless of the different currents of economic science, the essence of the term "payable" to the economic entities, as well as to individuals remains unchanged.
To assess the credit of enterprises are often used indicators such as the ratio of accounts payable and the rate of its turnover.Because this type of debt is to return the loan, made to pay more attention to the second parameter.In general terms, accounts payable turnover ratio is an indicator of financial performance, which is calculated by the ratio of cost of goods sold for the year to the average value of outstanding loans.A higher value of this indicator shows that the company has the financial headroom in the form of tangible assets, which allows it to quickly make payments to their suppliers.
