Sports Payment Performance Dips Slightly: 2024 Sees Average Score Fall to 77.0

The Comparison

• 2023: Analysing 19 sports-related companies, the average payment performance score reached 78.3 out of 100, indicating relatively healthy payment practices within the sector.
• 2024: A smaller sample of 13 companies shows a slight decrease, with the average payment performance score dropping to 77.0 out of 100.

What This Means

While a decrease of 1.3 points isn't drastically significant, it does suggest a minor softening in payment practices within the sports industry year-over-year. The reduced sample size in 2024 makes it important to note that this could be due to many factors. It may warrant further investigation to determine if it signals a wider trend and if this may have any knock-on effects, such as the need to use a late payment calculator more frequently to assess the financial impact of overdue invoices.

One-line summary: The average payment performance score in the sports industry decreased from 78.3 (based on 19 companies) in 2023 to 77.0 (based on 13 companies) in 2024.