Raw Materials And Intermediate Goods Payment Trends: 2021 vs 2022
Raw Materials & Intermediate Goods Payment Performance Dips Marginally: 2022 Score of 54.3/100 vs 2021's 54.5/100
The Comparison: 2021 vs. 2022
- Number of Companies Assessed: 2021 saw payment practices assessed across 146 companies, while in 2022, the scope narrowed to 127 companies, a reduction of 19.
- Average Payment Score: The average payment score in 2021 was 54.5 out of 100, indicating a moderate level of payment efficiency. 2022 saw a slight decrease to 54.3 out of 100, showing an erosion of previous efficiency.
What This Means
The near-static average score, despite a smaller sample size, suggests consistent challenges in the raw materials and intermediate goods sector regarding payment practices. The decrease of 0.1 point suggests that payment behavior at best stagnated, and that a small dip occurred, even if statistically marginal, during the period. Suppliers can use a late payment calculator to understand the true cost of these delays.
One-line summary: Payment practices in the raw materials and intermediate goods sector declined by 0.1 points between 2021 (54.5/100 across 146 companies) and 2022 (54.3/100 across 127 companies).
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