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"What can you infer from the following - Walmart has an average accounts payable turnover rate of 90 days?" Answer: they are using trade credit to finance their operations, and thus, given their likely short average accounts receivable turnover, Walmart should be flush with cash.
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Commercial Banking Analyst

Interviewed at Wells Fargo

3.5
Mar 5, 2010

"What can you infer from the following - Walmart has an average accounts payable turnover rate of 90 days?" Answer: they are using trade credit to finance their operations, and thus, given their likely short average accounts receivable turnover, Walmart should be flush with cash.

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