After a minor increase from 2016 to 2017, the proportion of past due B2B receivables in Western Europe increased again this year and stands at 41.8%.
In 2018, Atradius Payment Practices Barometer survey respondents from Western Europe reported an increase in past due B2B invoices. The majority of respondents (57.9%) said that they felt the impact of payment delays having to postpone their own payments to suppliers and even losing revenue. Like in 2017, the main reason for payment delays was insufficient availability of funds. The proportion of uncollectable B2B receivables remained stable at 1.3% and most respondents in the region declared that the customer going bankrupt was the main reason for write-offs.
Read the full report here: Western Europe: an increase in past due B2B invoices