Media And Publishing Payment Trends: 2021 vs 2022
Media & Publishing Payment Practices Dip Slightly: 2022 Average Score Declines by 0.5 Points
The Comparison
Here's a year-on-year comparison of payment performance in the Media and Publishing sectors:
- 2021: The average payment practices score for 36 companies assessed was 68.5 out of 100, reflecting a generally acceptable, if not stellar, performance.
- 2022: Assessing the same number of companies (36), the average score decreased marginally to 68.0 out of 100, indicating a slight deterioration in payment behavior.
What This Means
The fractional decrease of 0.5 points suggests a near-static payment environment. While not a dramatic shift, the minor decline warrants attention as any downward trend, however small, could signal emerging pressures within the sector affecting timely payments. Use our late payment calculator to work out how much late payments are costing your business.
One-line summary: Media & Publishing payment practices saw a minor decline, with average scores moving from 68.5 (2021) to 68.0 (2022).