Australia: a sharp increase in DSO

RIAC Communications July 9, 2018 Atradius, Business, Front Page, Global Credit Risk Management, Going Global, Receivables Insurance

In 2018, respondents in Australia reported a steep increase in DSO and the need for more time to convert B2B invoices into cash.

Respondents in Australia are trading on credit because this is the way businesses in their industries operate and so that they can expand their activities domestically and internationally. In 2018, respondents reported a steep increase in DSO and the need for more time to convert B2B invoices into cash. Bankruptcy and the inability to locate the customer are the most frequently mentioned reasons for writing off B2B receivables as uncollectable.

Full Atradius report here: Australia: a sharp increase in DSO