In line with the economic slowdown, companies preemptively reduced payment delays, except for Mediterranean countries

In line with the economic slowdown, companies preemptively reduced payment delays, except for Mediterranean countries

After hitting a 10-year high in 2017, global average Days Sales Outstanding (DSO), a measure of how long it takes companies to collect cash from customers, fell by -1 day to 65 days in 2018, a sign of caution in line with the economic slowdown. As world GDP growth slows further this year, we expect DSO to reach 64 days in 2019.

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