This calculator calculates the cost of trade credit using discount %, discount days, payment days values.
Formula:
Cost of Trade Credit = [1+ (Discount % / (1 - Discount %))] [365 / (Payment Days - Discount Days)] - 1
This calculator calculates the cost of trade credit using discount %, discount days, payment days values.
Cost of Trade Credit = [1+ (Discount % / (1 - Discount %))] [365 / (Payment Days - Discount Days)] - 1