Worldwide DSO: Paying the penalty for low growth

Euler Hermes expects global Days Sales Outstanding (DSO) to remain around 64 days in 2016. In 2015, 1 out of 4 companies worldwide was paid after 90 days, on average.

Electronics, Machinery & equipment and Construction are the sectors where companies wait the longest to get paid: 89, 87 and 81 days in

2015. Those closer to the consumers � Retail, Food, Non-business services, and Transportation � report a DSO below 50 days.

DSO is increasing again in China where it is forecast to reach 92 days in 2016, the highest level worldwide. Conversely companies speed up payment terms in Western Europe where DSO stands on average at

60 in 2015 and is expected to decrease slightly to 59 in 2016.