Net 60 due date calculator

• A buyer moves 40 suppliers from net 30 to net 60On annual spend of 24,000,000, the extra 30 days hold about 24,000,000 x 30 over 365, roughly 1.97 million of cash. At an 8 percent cost of funds that is about 158,000 a year.
• Five small suppliers raise prices by 1 percentThe buyer gives back about 40,000 of the saving, and learns that two suppliers can no longer fund the wait at all.