At 48.7%, Great Britain had the highest proportion of past due B2B invoices in Western Europe, significantly higher than the regional average of 41.8%.
The proportion of past due B2B invoices in Great Britain is stable at 48.7%. However, this remains the Western European country with the highest proportion of overdue invoices. For most respondents, overdue B2B invoices had negative effects. 20.3% of respondents in the country mentioned the need to take specific measures to correct cash flow and 18.8% the need to postpone payments. While the country’s average DSO is lower than the regional average, in 2018, there was an increase of four days and further deterioration is expected.
Read the full report here: UK: the highest proportion of overdue in the region