K&H SME confidence index: liquidity is drying out

According to the latest K&H SME confidence index carried out among domestic SME managers, the deadline of customer accounts increases again also accompanied by worsening expectations.

In parallel, the execution time of supplier accounts is also increasing  so the economic crisis worsening liquidity deteriorates further. It is spreading from company to company.

The average payment period among customers is currently 34 days, compared to the typical 28 to 30 days period before the crisis. More than half of the businesses can also expect 30 to 60-day deadline  in case of costumer payments.