Waterways Travel Payment Practices Dip Slightly: 2020 Score of 68.2 Falls to 66.5 in 2021

The Comparison

Here's a direct comparison of Waterways Travel payment practices across the two years:

• 2020: Sixteen companies were analyzed, achieving an average payment score of 68.2 out of 100.
• 2021: Sixteen companies were again analyzed, with the average payment score declining to 66.5 out of 100.

What This Means

The 1.7-point decrease in average payment score suggests a marginal weakening in payment performance within the Waterways Travel sector between 2020 and 2021. While seemingly small, this decline indicates a potentially slight erosion in payment efficiency or adherence to agreed-upon terms across the examined companies, though further contextual information is needed to assess its broader implications. The data warrants close observation to ascertain if this trend continues or represents a temporary fluctuation.

For businesses grappling with delayed payments, tools like this late payment calculator can help assess the financial impact.

One-line summary: Waterways Travel payment performance decreased from an average score of 68.2 in 2020 to 66.5 in 2021.