The trend for EXCHEQUER SOLUTIONS LIMITED shows a consistent improvement in their payment times over the past three periods. They have also significantly reduced the percentage of invoices paid later than 60 days.
The volatility for EXCHEQUER SOLUTIONS LIMITED has been relatively low, with only small changes in the average time to pay and the percentage of invoices paid within 30 days over the past three periods.
From Jan 2018 to Jun 2018, EXCHEQUER SOLUTIONS LIMITED has shown a consistent improvement in their payment times. Their average time to pay has decreased from 0 days to -4.5 days, indicating that they are now paying their invoices earlier than the agreed terms. The percentage of invoices paid within 30 days has also increased from 85.7% to 92.9%. However, there has been a slight increase in the percentage of invoices paid between 31 and 60 days, from 14.3% to 7.1%. The company has also significantly reduced their percentage of invoices paid later than 60 days, from 0% to 0.0%.
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2018 - 30 Jun 2018 | 31 Jul 2018 |