Agricultural Payment Practices See Slight Dip: 2021 Scores Fall to 62.3

The Comparison

Here’s a side-by-side view of payment performance in the agricultural sector:

• 2020: 81 companies assessed, achieving an average score of 63.6 out of 100.
• 2021: 89 companies assessed, with the average score declining to 62.3 out of 100.

What This Means

The agricultural sector experienced a minor weakening in payment practices between 2020 and 2021. The average score decreased by a small amount (1.3 points), suggesting a marginal deterioration in how promptly agricultural companies are paying their suppliers, but the increase in companies assessed (8) suggests the data might be broadening its reach. Consider using this late payment calculator to see how much your overdue invoices are costing you.

One-line summary: In 2021, 89 assessed agricultural companies averaged a payment practices score of 62.3, a minor decrease from 2020's average of 63.6 across 81 companies.