This statistic illustrates the distribution of average payment terms in domestic and foreign business to business (B2B) commerce according to companies in Great Britain as of the first quarter of 2017, broken down by term length. It can be seen that amongst responding companies the largest share (87.5 percent) stated that they expected payments in a period of one to 30 days at that time. A further nine percent of respondents stated that the average payment term was between 31 and 60 days, whilst only 0.5 percent of respondents stating that the average payment term was more than 90 days as of the first quarter of 2017.
Distribution of average payment terms in domestic and foreign business to business commerce according to companies in Great Britain as of 1st quarter 2017, by length
Characteristic
Share of responding companies
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Atradius. (April 11, 2017). Distribution of average payment terms in domestic and foreign business to business commerce according to companies in Great Britain as of 1st quarter 2017, by length [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/482740/distribution-of-payment-terms-in-b2b-commerce-great-britain-in-by-length/
Atradius. "Distribution of average payment terms in domestic and foreign business to business commerce according to companies in Great Britain as of 1st quarter 2017, by length." Chart. April 11, 2017. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/482740/distribution-of-payment-terms-in-b2b-commerce-great-britain-in-by-length/
Atradius. (2017). Distribution of average payment terms in domestic and foreign business to business commerce according to companies in Great Britain as of 1st quarter 2017, by length. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/482740/distribution-of-payment-terms-in-b2b-commerce-great-britain-in-by-length/
Atradius. "Distribution of Average Payment Terms in Domestic and Foreign Business to Business Commerce According to Companies in Great Britain as of 1st Quarter 2017, by Length." Statista, Statista Inc., 11 Apr 2017, https://www.statista.com/statistics/482740/distribution-of-payment-terms-in-b2b-commerce-great-britain-in-by-length/
Atradius, Distribution of average payment terms in domestic and foreign business to business commerce according to companies in Great Britain as of 1st quarter 2017, by length Statista, https://www.statista.com/statistics/482740/distribution-of-payment-terms-in-b2b-commerce-great-britain-in-by-length/ (last visited July 22, 2024)
Distribution of average payment terms in domestic and foreign business to business commerce according to companies in Great Britain as of 1st quarter 2017, by length [Graph], Atradius, April 11, 2017. [Online]. Available: https://www.statista.com/statistics/482740/distribution-of-payment-terms-in-b2b-commerce-great-britain-in-by-length/
