High Stakes Game – Payment Behavior, Cash Piles and Major Insolvencies
The economic situation is delicate and will force companies to gamble a little. Payment behaviors will continue to be tense, with 1 out of 4 companies worldwide being paid after 88 days. Non-financial corporations are stacking up a lot of cash, which can either mean good, since it is a lot of money to invest, or bad, since the ROI may not be interesting enough. Finally, the number of major insolvencies is rising, the US being the most affected.
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