Sports Payment Trends: 2022 vs 2023

By PaymentCheckReports

Sports Industry Payment Performance Nudges Upwards: 2023 Scores a Modest 3.5 Point Increase

The Comparison

Here's a side-by-side look at the payment performance metrics of 19 sports-related companies:

  • 2022: Sample size of 19 companies yielded an average payment score of 74.8 out of 100.
  • 2023: Using the same sample size, the average payment score rose to 78.3 out of 100.

What This Means

The 3.5-point rise suggests a marginal improvement in payment practices across the sector. Whether this stems from increased efficiency, or is simply a statistical anomaly, requires deeper investigation into the underlying payment data. While the uptick is positive, it is not of a magnitude that would signal radical changes in cashflow or supplier relationships. late payment calculator

One-line summary: In 2023, a group of 19 sports companies averaged 78.3/100 for payment performance, a small increase over the 74.8/100 achieved by the same number of companies in 2022.