Hardware Payment Practices: Marginal Improvement of 3.1 Points Since 2020

The Comparison

• 2020: Analyzed across 31 hardware companies, the average payment performance score was 67.9 out of 100. This indicates a baseline level of adherence to payment terms, but also suggests room for considerable improvement across the sector.
• 2025: The analysis broadened to include 40 hardware companies, revealing an average payment performance score of 71.0 out of 100. The increase in the sample size offers a broader, potentially more accurate, snapshot of payment behaviour within the industry.

What This Means

While there is a positive shift in the average score, the 3.1 point improvement over five years indicates only a slight change in payment practices. The hardware sector's commitment to timely payments appears to have marginally improved, though further analysis on the distribution of scores would reveal more granular insights. If your hardware company is experiencing late payments, understand the potential costs using a late payment calculator.

One-line summary: Payment practices in the hardware sector saw a small improvement from an average score of 67.9 (out of 100) across 31 companies in 2020 to 71.0 across 40 companies in 2025.