Slight Improvement in Property Sector Payment Practices: Average Score Rises by 1.5 Points

The Comparison

• 2021: A study of 77 companies in property-related goods and services revealed an average payment practices score of 57.4 out of 100.
• 2022: The same 77 companies were assessed, yielding an average score of 58.9 out of 100.

What This Means

While there's been a rise in the average score, the 1.5-point increase represents only a marginal improvement in payment behaviours across the sector. This suggests that although some progress may have been made on an individual company basis, this has not had a dramatic impact on the sector as a whole. Use this late payment calculator to ascertain the impact of overdue payments.

In short: Payment practices in the property sector have improved slightly, from 57.4 to 58.9 out of 100, across the 77 companies analysed.