China: 6 firms out of 10 managed to reduce their payment terms in 2013

2/17/2014 - Report
ic_blogtagEconomic OutlookInsolvency and Payment RiskChinaConstructionEnergyRetailBusiness ClimateCreditGross Domestic Product (GDP)GrowthInsolvencySector Risk
Favorable overall trend for companies coupled with stable economic growth. Average days sales outstanding (DSO) did not exceed 2 months in 2013. Companies in energy and construction sectors stood out with longer DSO. Overall overdue payment stems mainly from financial difficulties.

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China: 6 firms out of 10 managed to reduce their payment terms in 2013 - Report