Supplier Payment Terms for Retail – Credit Days Explained
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Suppliers offer different payment terms. Understanding them helps you manage cash flow.
Common Terms
- Cash/COD – Pay on delivery. No credit.
- Net 7 – Pay within 7 days
- Net 15 – Pay within 15 days
- Net 30 – Pay within 30 days
- Advance – Pay before delivery (common for new buyers)
Tips for Kirana
- Build credit – Pay on time to get better terms later
- Match cycles – If you get Net 15 from supplier, try to collect from customers in 7–10 days
- Early payment discount – Some give 1–2% off for pay-in-7
- Track due dates – Use a credit period calculator
[Stockkeeper](/ “#waitlist) will support supplier management and payment tracking. Join the waitlist.