Monitoring Accounts Payables
本文扩展了Gentry和De La Garza的应收账款监控模型，纳入应付账款变动的原因，开发了衡量应付账款变动原因的算法，并证明现值法优于基于方差分析的会计方法，可用于评估应付和应收账款策略的绩效。
Abstract In creating shareholder value, one objective of management is to increase the speed of cash inflows and reduce the speed of cash outflows. To accomplish this task, management must understand the relationships that cause accounts receivable and accounts payable to change. The paper expands a receivable monitoring model by Gentry and De La Garza to incorporate the causes of changes in payables. Several examples are developed to show the operation of the model. The three primary contributions of the paper are (a) developing algorithms that measure the causes of changes in payables, plus an interpretation for each set of conditions; (b) showing that a present value approach to monitoring payables is superior to a recommended accounting approach based on variance analysis; (c) finally, presenting an approach for ranking the performance of payable and receivable strategies.