Experian’s Business Benchmark Report is a monthly view of how U.S. businesses are faring. In July the national average number of days that businesses paid their bills beyond contracted terms increased by 2 percent compared with June. When compared with six months ago, the average payment beyond contracted terms has increased by 3.3 percent. The July report also showed that the national average dollars delinquent and dollars severely delinquent (91 or more days) are up (6 percent and 13 percent, respectively) when compared with six months ago.
Other findings from this month’s Business Benchmark Report include the following:
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The average commercial risk score for July was 58.3, up 0.5 percent over June’s average score of 58.0. The score is essentially unchanged when compared with six months ago. |
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Very large businesses and nonemployer businesses have shown the greatest increase in Days Beyond Terms (DBT), increasing by 5.6 percent and 4.0 percent, respectively, when compared with six months ago. Conversely, midsize businesses (with 50 to 499 employees) showed the biggest improvement, reducing DBT by as much as 6.1 percent over the same period. |
For additional findings, download the full report or view an archive of previous Business Benchmark Reports.
