💳 FINTAX KNOW YOUR NUMBERS — TRADE PAYABLES

 💳 FINTAX KNOW YOUR NUMBERS — TRADE PAYABLES

You have money to pay — but are you managing it well?

Trade payables are amounts your business owes to suppliers for goods or services purchased on credit. A high payable balance may signal delayed payments or cash-flow pressure, while very low payables are not automatically better.

🔍 Don't just ask “How much do I owe?”
Ask “How much do I owe, when is it due, and am I managing my cash wisely?”

📅 Track due dates → Prioritise payments → Use agreed credit terms → Avoid unnecessary delays → Review outstanding dues

🎯 Pay on time. Preserve cash. Maintain supplier trust.

Good payable management = Better cash flow + Strong supplier relationships + Sustainable business growth.