Home

|

Contact
Please log on directly:


Forgot password?

I am not yet registered

Take advantage of the experience
from worldwide available partners
in Auriga Credit Network:
Advantage as a creditor
Register now for free

Please log on directly:


Forgot password?


I am not yet a partner

Join the global Auriga Credit Network.
Find out more:
Advantage as a partner
Register now for free

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

1 € (EUR):
AUD 1.58180
CAD 1.54430
CNY 7.92100
GBP 0.89445
HKD 9.15970
INR 80.32100
JPY 130.94000
MYR 4.74530
MXN 22.15730
KRW 1322.70996
CHF 1.16330
THB 39.01300
USD 1.16700
21.07.2018 © EZB

© 2012-2018 Auriga Credit Network Disclaimer  |  Imprint  |  Terms & Conditions  |  Sitemap  |  privacy policy Twitter   Google