Care Services Payment Practices: 5-Year Analysis (2020-2025)
Care Services Payment Practices Improve, But Only Marginally: Up 6.8 Points Since 2020
The Comparison
- 2020: A study of 141 companies in the Care Services sector yielded an average payment practices score of 71.3 out of 100.
- 2025: A similar study, this time encompassing 103 companies, revealed an average score of 78.1 out of 100.
What This Means
While the sector has seen an improvement in payment practices, the gain of 6.8 points across five years indicates a slow pace of progress. The reduction in the number of companies included in the 2025 study, from 141 to 103, might suggest some consolidation within the care sector, which could influence payment behaviours, however, it also indicates a smaller data pool. Businesses struggling with delayed payments can use this late payment calculator to understand potential losses.
The Care Services sector improved its average payment score from 71.3 in 2020 to 78.1 in 2025.
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