Factoring Demand Increases as Big Business Takes Longer to Pay
November 4, 2009 by TracyZ · Leave a Comment
Dealing with cash flow strain in a struggling economy, big business is taking longer to pay on invoices.
The average time to pay bills is up 5% to 55.8 days for companies with sales over $5 billion, as reported by the Wall Street Journal in Big Firms Are Quick to Collect, Slow to Pay. Read more
