i.e., the number of days that a company has to pay its suppliers and other payables, etc. The higher the number of days, the more cash stays in the corporate bank accounts which can improve cashflow and enable short-term investments.

- passivo esigibile: current liabilities as opposed to No Esigibilità (no corriente) as the deferred or long-term part.

The quick ratio applies to liquidity of *assets* and 'measures the dollar amount of liquid assets available against the dollar amount of current liabilities of a company.'