Analysis of the Influence of Accounts Payable on the Enterprise’s Financial State

Abstract

Indebtedness is an economic phenomenon, the appearance of which is due to objective reasons during the financial and economic activity of the enterprise and its relations with counterparties. The state of accounts payable is important for enterprises of all industries and forms of ownership. On the one hand, indebtedness stimulates the growth of business activity, as it allows buyers to obtain resources with deferred payment, and sellers - to accelerate sales. On the other hand, indebtedness causes a temporary withdrawal of assets, and this can worsen his financial condition. Therefore, payables have an ambiguous influence on the company's activities, so the analysis of their influence on the enterprise’s financial state is of high relevance.