The payment behavior deteriorated at the Hungarian enterprises
Last year, two-thirds of the bills were paid in time, but this result is a few percentage points below the results of 2015 – the privatbankar.hu. quotes the Payment Experience Program of the Bisnode Magyarország Kft. Not only the average invoice payment time, but the average delay has increased as well, so over 40 days delays can occur at the firms of the sector.
In 2013 only 62 percent of the claims were paid in time by the business. Looking at the last couple of years, the situation was the best in 2015, when 68 percent of the invoices were paid out before the deadline. A minor setback occurred last year, so – similar to the 2014 figure – 65.66 percent of the invoices were paid in time. (privatbankar.hu)
Related news
From January 1, buyers must pay producers within 30 days
The 30-day payment deadline for agricultural and food products has…
Read more >Mihály Varga: the sovereignty of the Hungarian economy and the domestic food industry must be strengthened
The future of Europe can be secured with equal, sovereign…
Read more >Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >