shipment-stock-photos
Shipping Terms

Shipping Terms

Click on the term below and get an explanation
Understand what the shipping terms means

Average Payment Period (for materials)

Average Payment Period (for materials) is the average time from receipt of production-related materials and payment for those materials. Production-related materials are those items that are classified as material purchases and are included in the Cost of Goods Sold (COGS) as raw material purchases. (An element of Cash-to-Cash Cycle Time).

More From Cogoport