POLAND PAYMENT SURVEY 2023: STOCK BUILDING MAKES PAYMENT DELAYS SHORTER BUT ONLY TEMPORARILY

POLAND PAYMENT SURVEY 2023: STOCK BUILDING MAKES PAYMENT DELAYS SHORTER BUT ONLY TEMPORARILY

The current situation for payment liquidity in Poland is generally positive. According to our research, Polish companies had an average payment delay of 51.8 days, which is 5 days shorter than in the previous survey. This improvement is likely due to companies increasing their inventory to avoid the negative effects of rising prices, which has also contributed to GDP growth in the past few quarters. However, certain sectors, such as chemicals, paper and wood, and agri-food, which have been impacted by higher commodity prices, have experienced longer payment delays of two months or more. The transport sector, which has historically had the longest payment delays, saw the biggest improvement in this area.

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