This paper proposes to elect the days to pay accounts payable determinants and our findings strongly support that the accounts payable problematic is closely related to short term financial decisions with a positive and significant influence of firm's profitability and size factors. The...

Trade debt is a very important source of financing with some significant factors to induce more or less (including the substitution effect) trade credit extending: long-term financing, size, return on assets, return on equity and fixed assets, in one hand; short-term financing (substitution...