Payment Performance in Data Sector Dips Slightly: Average Score Falls From 74.3 to 73.1

The Comparison

• 2022: Analysis of 58 data companies, achieving an average payment score of 74.3 out of 100.
• 2023: Assessment expanded to 64 data companies, resulting in an average payment score of 73.1 out of 100.

What This Means

The data reveals a marginal decline in overall payment performance within the data sector. While the sample size increased by 10%, the average score decreased by 1.3 points, indicating a slight weakening in payment practices across a broader range of companies. This suggests potentially increasing challenges in managing receivables within the data industry. Use this late payment calculator to better understand the late payments impacting your business.

One-line summary: From 2022 to 2023, the average payment score in the data sector decreased from 74.3 (58 companies) to 73.1 (64 companies).