Average late payments by sector
Data collected up to June 30, 2024 show marked variations in payment times by business sector:
- Sectors that are improving :
- Trade: 11.22 days
- Automobile and motorcycle repair: 12.46 days
- Mining and quarrying: 13.20 days
- Sectors experiencing difficulties :
- Accommodation and catering: 19.01 days
- Construction: 19.40 days
- Administrative and support service activities: 21.24 days
General trends
Despite a start to the year marked by persistent challenges, the second quarter of 2024 shows a slight improvement in the average payment delay at national level with 17.9 days, i.e. -1.4% compared to 2023.
Some sectors, such as transportation and warehousing, and water production and distribution, have made significant progress, while others, such as accommodation and catering, continue to suffer.
Impact by company size
Companies of Intermediate Size (ETI) and Large Enterprises (GE) show better compliance with their payment commitments. GEs, in particular, are showing a marked improvement, with 32.75% of them meeting their payment deadlines at the end of June 2024, compared with 26.7% the previous year.
Focus on the Accommodation and Food Services sector
For this major sector, payment arrears are high, and have risen sharply since the start of the year. In Foodservice, a deterioration was recorded in the first half of 2024, while in Lodging, the average payment delay improved in the 2nd quarter. Payment habits: Foodservice operators are more likely to respect their commitments. Nevertheless, their average payment delay is penalized by a higher number of long delays of 90 days or more. These long delays reflect the difficulties faced by the foodservice industry. These difficulties are linked in particular to the loss of customers due to the widespread use of teleworking, inflation (energy, raw materials) and labor shortages, especially in the fast-food sector.