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PAYMENT TERMS REACHED A TEN-YEAR HIGH

 

Payment terms reached a ten-year high

 

Euler Hermes publishes its annual review and forecast of global average Days Sales Outstanding (DSO), based on a sample of 20 sectors and 36 countries.

In 2017, DSO reached its highest level since 2007 at 66 days. This trend is expected to continue in 2018 with global average DSO to rise by 1 more day to 67 days. This lengthening of DSO in 2017 is widespread, as it has occurred in two out of three sectors and countries. The Electronics, Machinery and Construction sectors show the highest DSO (all above 85 days). On the other end of the spectrum are sectors in connection with Household consumption (Agri-food, Transportation and Leisure goods) where companies are paid a lot faster than global average.

China stands out once more with a +3 day rise, reaching a ten-year high at 92 days.

More Details here.




News

PAYMENT TERMS REACHED A TEN-YEAR HIGH

Euler Hermes publishes its annual review and forecast of global average Days Sales Outstanding (DSO), based on a sample of 20 sectors and 36 countries.
More...

Payment Behavior

Good news on global growth comes with a significant deterioration in payment terms.
More...

China's Credit Growth

China’s broadest gauge of new credit trailed projections amid renewed government pledges to tackle financial risk.
More...

Exchange Rates

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18.09.2018 © EZB

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