EXECUTIVE SUMMARY
The European Average Payment Delay achieves its highest figure of the year: 12.17 days
In the last quarter of the year, the European Average Payment Delay (APD) stood at 12.17 days, which represents a slight increase of 0.06 days compared to last year. Throughout 2024, the European APD reached its lowest level since 2011, with 11.89 days in the first quarter.
Despite remaining at historically low levels, significant variations have been recorded in 4 of the analyzed countries. On one hand, France and Spain experienced notable increases in 2024, with rises of 1.67 and 0.90 days, respectively. On the other hand, the United Kingdom and the Netherlands reduced their APD by 2.27 and 1.02 days, respectively.
The Netherlands records the lowest APD in the study
In Q3 2024, the Dutch APD stood at 3.09 days, which is the lowest figure observed in this study since 2011 among all the analyzed countries.
The disparity in payment delay days between the nine European countries that have been analyzed remains significant, with a difference of almost 20 days between Dutch and Portuguese companies.
The nine countries under study are divided into four groups: good payers (Netherlands and Germany), countries with an average APD (Ireland, United Kingdom, Belgium), countries with an APD of around 15 days (Spain, France, and Italy), and Portugal, the only country with an APD beyond 20 days past the due date.
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Source: Informa
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