Distribution And Delivery Payment Trends: 2022 vs 2023
Payment Practices in Distribution and Delivery Inch Forward: Average Score Rises Marginally from 59.7 to 60.0
The Comparison
Here's a direct comparison of payment practices in the distribution and delivery sector between 2022 and 2023:
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Companies Surveyed (2022): 263
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Average Score (2022): 59.7 / 100
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Companies Surveyed (2023): 271
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Average Score (2023): 60.0 / 100
What This Means
The increase of just 0.3 points suggests a near standstill in payment practice improvements within the distribution and delivery sector, despite an increase of 8 firms surveyed. While the number of companies included in the data increased year-on-year, the near static score indicates that positive changes in payment behaviour across the sector were minimal. For companies struggling with late payments, understanding the impact and using tools such as this late payment calculator can be useful.
One-line summary: The average score for payment practices in Distribution and Delivery moved negligibly from 59.7 (out of 100) in 2022 to 60.0 in 2023.
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