Based on a survey among companies in the Asia-Pacific region (APAC), 34 percent of the respondents had a payment term of 31 to 60 days in 2020. The payment term in APAC has become increasingly long in recent years, where a term of 120 days or above was offered by 14 percent of the surveyed companies in 2020 compared to less than ten percent before 2017.
Share of payment terms in the Asia-Pacific region from 2013 to 2020, by term length
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Coface S.A.. (July 5, 2021). Share of payment terms in the Asia-Pacific region from 2013 to 2020, by term length [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/1251837/apac-share-of-payment-terms-by-length/
Coface S.A.. "Share of payment terms in the Asia-Pacific region from 2013 to 2020, by term length." Chart. July 5, 2021. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/1251837/apac-share-of-payment-terms-by-length/
Coface S.A.. (2021). Share of payment terms in the Asia-Pacific region from 2013 to 2020, by term length. Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/1251837/apac-share-of-payment-terms-by-length/
Coface S.A.. "Share of Payment Terms in The Asia-pacific Region from 2013 to 2020, by Term Length." Statista, Statista Inc., 5 Jul 2021, https://www.statista.com/statistics/1251837/apac-share-of-payment-terms-by-length/
Coface S.A., Share of payment terms in the Asia-Pacific region from 2013 to 2020, by term length Statista, https://www.statista.com/statistics/1251837/apac-share-of-payment-terms-by-length/ (last visited October 10, 2024)
Share of payment terms in the Asia-Pacific region from 2013 to 2020, by term length [Graph], Coface S.A., July 5, 2021. [Online]. Available: https://www.statista.com/statistics/1251837/apac-share-of-payment-terms-by-length/