Environment Payment Trends: 2023 vs 2024
Environmental Sector Sees Minor Improvement in Payment Practices: Average Score Rises to 67.2/100
The Comparison
- 2023: Analyzed 123 companies in the Environmental sector, achieving an average payment practices score of 65.8 out of 100.
- 2024: 116 companies were assessed, resulting in a slightly improved average score of 67.2 out of 100.
What This Means
The 1.4-point increase indicates a marginal, though positive, shift in payment behaviors within the Environmental sector, based on this sample set. With a slight decrease in the companies studied, from 123 in 2023 to 116 in 2024, this could suggest the average score is affected by the companies entering and leaving the sector's study, or the smaller pool of companies studied have overall better practices. For companies experiencing late payments, a late payment calculator can help quantify the financial impact.
One-line summary: The average payment practice score in the Environmental sector increased slightly from 65.8/100 (123 companies) in 2023 to 67.2/100 (116 companies) in 2024.
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