Travel and Transportation Payment Practices: Industry Scores Jump 8.5 Points from 2020 to 2025

The Comparison

Here's a direct comparison of payment performance within the Travel and Transportation sector:

• 2020:
  • Sample size: 104 companies
  • Average payment score: 64.9 out of 100
• 2025:
  • Sample size: 67 companies
  • Average payment score: 73.4 out of 100

What This Means

The increase from 64.9 to 73.4 demonstrates a notable improvement in payment behavior within the sector, though it's important to note the smaller sample size in 2025 might skew the results slightly higher; regardless, the data suggests a genuine shift towards quicker, more reliable payments. However, the 2025 average of 73.4 indicates considerable room for further improvement, as companies still struggle to consistently achieve optimal payment performance; this may be due to factors like inconsistent demand cycles in the sector. Calculate the potential impact of late payments on your business using this late payment calculator.

One-line summary: Travel and Transportation saw its average payment score improve from 64.9 (out of 100, based on 104 companies) in 2020 to 73.4 (based on 67 companies) in 2025.