Lesson Plan

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Lesson Plan
Grade: Date: 17/01/2026
Subject: Accounting
Lesson Topic: Trade payables turnover (days)
Learning Objective/s:
  • Calculate average trade payables and the turnover ratio.
  • Convert the turnover ratio into days and interpret the result.
  • Analyse how turnover days reflect cash‑flow management and supplier relationships.
  • Identify and correct common errors in the calculation of trade payables turnover.
Materials Needed:
  • Projector or interactive whiteboard
  • Printed worksheet with data tables
  • Calculator or spreadsheet software
  • Accounting textbook or handout on ratios
  • Whiteboard markers
 Introduction:
Begin with a quick question: How long do you think a typical business takes to pay its suppliers? Review the previous lesson on credit purchases and the purpose of accounting ratios. Today you will learn to compute the trade payables turnover in days and understand what the figure reveals about cash‑flow efficiency.
Lesson Structure:
  1. Do‑now (5'): Solve a short problem distinguishing credit purchases from cash purchases. (Check understanding)
  2. Mini‑lecture (10'): Define trade payables, credit purchases, and present the two formulas using the projector.
  3. Guided practice (12'): Walk through the ABC Ltd. worked example, calculating average payables, turnover ratio, and days while students follow on their worksheets.
  4. Independent practice (15'): Students complete practice question 1, calculate turnover days, and write a brief interpretation. (Teacher circulates for support)
  5. Concept check (5'): Quick Kahoot quiz on common mistakes and interpretation of results.
  6. Summary & exit ticket (3'): Write one sentence on how turnover days affect supplier relationships; collect as an exit ticket.
Conclusion:
Summarise that the turnover‑days metric links payment speed to cash management and supplier goodwill. Students submit their exit tickets, providing a quick retrieval check. For homework, assign two additional practice problems from the textbook to reinforce the calculations.