Road Travel Payment Practices Improve Slightly: 2021 Scores Edge Up by 2.4 Points

The Comparison

• 2020: A sample of 264 companies in the road travel sector averaged a payment practice score of 63.5 out of 100.
• 2021: The study expanded to 329 companies, showing a modest average increase to 65.9 out of 100.

What This Means

While the sector's payment practices demonstrably improved, the 2.4-point increase suggests slow, incremental progress rather than a major shift. The larger sample size in 2021 indicates a potentially more comprehensive and representative view of the industry's payment performance, further highlighting the significance of the small margin.

Companies struggling with slow payments can use a late payment calculator to understand the true cost of delays.

One-line summary: Road travel saw a small uptick in payment practice scores, moving from 63.5/100 in 2020 (264 companies) to 65.9/100 in 2021 (329 companies).