Why do payable days matter? - Stewart Investors

Payable days are the number of days a company takes to pay its suppliers.

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... Traditionally financial education tells us that the longer a company takes to pay its suppliers the stronger its bargaining power is with them.

Consequently, this is considered as a hallmark of a strong franchise. Stewart Investors' Sustainable Funds Group (SFG) disagrees and argues for suppliers to be treated better, creating a virtuous circle that improves the sustainability of supply chains and has a positive impact on poverty, hunger, equality, decent work and the ongoing sustainability of local communities.

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