Based on a survey among 2,395 companies in the Asia-Pacific region (APAC), the average payment term was 66 days in 2020. Payment term is a period when a vendor must be paid, and the average payment term in APAC has been irregularly rising since 2013.
Average payment terms in the Asia-Pacific region from 2013 to 2020
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Average payment terms in days
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Coface S.A.. (July 5, 2021). Average payment terms in the Asia-Pacific region from 2013 to 2020 (in days) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1251787/apac-average-payment-terms/
Coface S.A.. "Average payment terms in the Asia-Pacific region from 2013 to 2020 (in days)." Chart. July 5, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1251787/apac-average-payment-terms/
Coface S.A.. (2021). Average payment terms in the Asia-Pacific region from 2013 to 2020 (in days). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1251787/apac-average-payment-terms/
Coface S.A.. "Average Payment Terms in The Asia-pacific Region from 2013 to 2020 (in Days)." Statista, Statista Inc., 5 Jul 2021, https://www.statista.com/statistics/1251787/apac-average-payment-terms/
Coface S.A., Average payment terms in the Asia-Pacific region from 2013 to 2020 (in days) Statista, https://www.statista.com/statistics/1251787/apac-average-payment-terms/ (last visited July 22, 2024)
Average payment terms in the Asia-Pacific region from 2013 to 2020 (in days) [Graph], Coface S.A., July 5, 2021. [Online]. Available: https://www.statista.com/statistics/1251787/apac-average-payment-terms/