December Quarter Analysis 2018

Late payments continue downward trend 

The average late payment time for a New Zealand business has fallen to a record low of 5.1 days. The result, for the end of the December quarter 2018, surpasses the previous record of 5.3 days set in the December quarter of 2016.

Key Insights:ipad Final - NZ Late Payments

  • Late payment times continue to improve
  • Christchurch best region at 4.5 days
  • Agriculture improves by a massive 32% to 3 days
  • Prompt payments drop significantly to 81

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