Waterways Travel Payment Practices See Minor Improvement: Average Score Up 1.9 Points

The Comparison

Here's a comparison of payment practices in the Waterways Travel sector between 2022 and 2023, based on a survey of 15 companies each year:

• 2022: The average payment performance score for 15 companies was 66.5 out of 100.
• 2023: The average payment performance score for a separate group of 15 companies rose to 68.4 out of 100.

What This Means

While there is an improvement in the overall score, a shift of only 1.9 points suggests marginal progress in payment practices within the sector. Although any positive change is welcome, this small increase does not indicate a significant alteration in how Waterways Travel companies manage their invoice payments. Companies experiencing late payments can use a late payment calculator to assess potential interest and compensation.

One-Line Summary: The average payment performance score in Waterways Travel increased slightly from 66.5 in 2022 to 68.4 in 2023.