Accounts payable occurs when the date of the provision of services (materials, works or goods) does not match the date of their payment upon.Also, untimely accrual of contributions may relate to non-budgetary funds in the budget.This includes payments to staff, contractors, suppliers and other creditors.In a broader sense to this type of debt concerns and late repayment of loans to various companies and banks.And it does not matter, they are short-term or long-term.Debt organization is not paid on time, it tends to increase.So, if at the beginning of the year the amount was, for example, 297 000 rubles by the end of the year it will amount to 327 thousand rubles.This means that its growth will reach 10.1% or 30 000 rubles.
Before analysis of accounts payable of the enterprise, it is necessary to identify what part of it is unjustified.To it can relate:
- debt on non-invoiced deliveries;
- repayment of overdue payments on the settlement documents.
This type of debt occurs through no fault of the company.In this case, it gets materials from suppliers before the organization and the bank that it serves, received settlement documents.
make the analysis of accounts payable, should also set its dynamics, the time of its occurrence, its duration.Furthermore, it is necessary to consider the composition of the given organization documents.
Sometimes it happens that accounts payable remains unclaimed, the timing of action on it will expire (they account for three years).In this case, it is considered part of the profits of the organization for which the numbers.
Through analysis of accounts payable, should pay attention to its other types.For example, the kind comprising several calculation articles.This so-called other debts.Calculated article can be worn as a commodity and non-commodity outputs.This type of late payment includes depositor sums that have not been claimed.
Making an analysis of payables of this type is not sidestep the question of the time of its occurrence and duration.To address the need and the reasons for its appearance, its composition.
In order to get a good idea of how the financial reliability and stability of the company, which is analyzed, it is necessary to examine the payment schedule, if any, were compiled.They are matched by maturity receipt and upcoming expenses.
There are a number of indicators which suggest that the company can not cope with the timely payment of services:
- This is absolutely overdue payables.Its size is the amount that remains unpaid on the expiry of three months after the said date of repayment.This information can be found in the document attached to the balance sheet.
- payables turnover ratio.It is a relative measure.It shows how many times the debt put into circulation for a specific period of time.
- This figure is also a relative.This is the time during which the debt is paid off accounts.In other words - this is the duration of the unpaid amount of turnover, calculated in days.For its calculation using a special formula.The number of days included in the period (usually taken year, i.e. 365 days) divided by the number of revolutions of payables committed during this time.
latter two indicators give a characterization of how and how many times the company resorts to the amount not paid by another organization.But if the first is expressed by the number of abstract (number of revolutions), the second has a more specific measurement unit - days.
From all that has been said above, it is clear that the analysis of accounts payable is very important in the preparation of the characteristics of the financial stability of the company.
