Payment Performance in Distribution & Delivery Dips Marginally: 59.1/100 in 2020 to 58.9/100 in 2021

The Comparison

Here's a snapshot of payment practices in the Distribution and Delivery sector across the two years:

• 2020: Evaluated across 258 companies, resulting in an average payment performance score of 59.1 out of 100.
• 2021: Analysis encompassed 294 companies, yielding an average payment performance score of 58.9 out of 100.

The number of companies assessed increased by 36 between the two years. This suggests a broader sample size for the 2021 data and potentially paints a more accurate picture of the industry as a whole.

What This Means

The 0.2-point decline in the average payment score represents a negligible change between 2020 and 2021. While there was a very slight erosion in payment efficiency, the data indicates relative stability. To better understand payment challenges, you can use a late payment calculator.

The one-line summary: With 258 companies averaging 59.1 in 2020 and 294 averaging 58.9 in 2021, the industry saw a minimal shift.