The debt of companies exceeds their quarterly sales revenue
Approximately 28 percent of the total revenue of the companies is an amount that has already been billed but has not yet been paid out, according to the latest information from Opten’s company information provider.
According to the information, 91 percent of employees in the corporate debt management profession believe that payment morale has not deteriorated in Hungary in the past 1 year. But about 28 percent of companies’ aggregate revenue is still an amount that has been billed but has not been paid yet. (MTI)
Related news
K&H: large programs drive green loans
According to data from the Hungarian National Bank, the total…
Read more >New economic “action plan”: Is it realistic to further increase household loans?
An unfortunate consequence of the domestic housing crisis is that…
Read more >MNB: before a slow turnaround, the commercial real estate market
The lower-than-expected GDP growth has not yet been able to…
Read more >Related news
Holiday Shopping Study 2024: European Consumers Plan Ahead Amid Economic Pressures
The “Holiday Shopping Study 2024,” conducted by ShopFully and Offerista…
Read more >Oversupply in the office market, returning demand in retail properties and hotels expected in 2025
The Hungarian commercial real estate market is currently characterized by…
Read more >Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year,…
Read more >