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Distribution of payment terms in B2B commerce in Great Britain 2017, by length

This statistic illustrates the distribution of average payment terms in domestic and foreign business to business (B2B) commerce according to companies in Great Britain as of the first quarter of 2017, broken down by term length. It can be seen that amongst responding companies the largest share (87.5 percent) stated that they expected payments in a period of one to 30 days at that time. A further nine percent of respondents stated that the average payment term was between 31 and 60 days, whilst only 0.5 percent of respondents stating that the average payment term was more than 90 days as of the first quarter of 2017.

Distribution of average payment terms in domestic and foreign business to business commerce according to companies in Great Britain as of 1st quarter 2017, by length

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Source

Release date

April 2017

Region

United Kingdom (Great Britain)

Survey time period

1st quarter 2017

Number of respondents

2,769 respondents

Special properties

companies. Contacts from accounts receivable management.

Method of interview

Online interview

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