Poland payment survey: payment delays pervade Polish corporates
Poland is facing real unpaid receivables issues, which has pushed corporates to develop risk management strategies and put into place dedicated credit management teams. The Polish companies experience in average 51.1 days of payment delays, 10 days longer than in Germany. The payment delays are very heterogeneous across the sectors: 19.3 days for the retail sector but 112.9 days for the transport companies. Yet, outstanding receivables should decrease over the following months, thanks to an improvement in the Polish economy, of which GDP growth should reach 3.1% for the entire year.
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