Raw Materials & Intermediate Goods Payment Practices Improve Marginally: Up 0.5 Points in 2023

The Comparison

Here's a look at the payment performance scores within the Raw Materials & Intermediate Goods sector, comparing 2022 and 2023:

• 2022: Analysis of 127 companies yielded an average payment performance score of 54.3 out of 100.
• 2023: The sector saw a slight increase in performance, with 134 companies averaging a score of 54.8 out of 100.

What This Means

While the sample size increased by seven companies year-on-year, the overall improvement of 0.5 points suggests relative stability in payment practices within the Raw Materials & Intermediate Goods sector. This modest increase is unlikely to be perceptible to individual businesses operating in this space.

If you have late invoices in this sector you can use our late payment calculator.

In summary: 2023 average payment score: 54.8/100, up from 54.3/100 in 2022.