Transportation Infrastructure Payment Practices See Modest Improvement: Average Score Up 2.4 Points

The Comparison

• 2022: An analysis of two companies operating in the transportation infrastructure sector revealed an average payment performance score of 86.6 out of 100. This indicates generally sound, but not exemplary, payment behavior.
• 2023: The same two companies posted an average payment performance score of 89.0 out of 100. This reveals a slight improvement in payment practices when measured against the previous year.

What This Means

While the 2.4-point increase in average score signals a move in the right direction, it is a marginal change and does not necessarily indicate a fundamental shift in payment culture within these specific companies or the sector as a whole. The improvement could be attributable to any number of factors, including minor process adjustments or a temporary easing of financial pressures. If you're dealing with late payments in this sector, late payment calculator may be a useful tool.

Summary: Payment practices in transportation infrastructure saw a small uptick: 86.6 in 2022 to 89.0 in 2023.