Property Sector Payment Performance Declines: 2022 Score of 58.9 Falls to 56.7 in 2023

The Comparison

• 2022: Assessment of payment practices across 77 property-related goods and services companies.
• 2022: Average payment performance score: 58.9 out of 100.
• 2023: Assessment of payment practices across 74 property-related goods and services companies.
• 2023: Average payment performance score: 56.7 out of 100.

What This Means

The analysis reveals a slight downturn in payment performance within the property goods and services sector. With average scores dropping by just 2.2 points out of 100, the decline between 2022 and 2023 is marginal, but suggests a slight tightening of the payment climate, potentially reflecting broader economic pressures.

The average payment score across 74 companies in 2023 was 56.7, a decrease from 58.9 across 77 companies in 2022. late payment calculator