Do you expect to get paid on time by your customers? The key findings of our Overdues study show that you shouldn’t be too sure: € 18.5 billion Overdues / late payments 22% of Gross Account receivables In 2019, 124 companies listed on Nordic Large cap lists, reported aggregated Overdues (late payments) of EUR 18.5 billion, equalling 22% of total Gross Account receivables. In EUR billions: 86 -4 82 -15 67 Total Gross Total Account Provisions for receivables Credit losses provisions Source: 2019 Annual Reports, EUR billion Total Account receivables (as shown in the Balance Sheet) Total Overdues On due Account receivables In 2019, the companies included in the study totalled EUR 18.5 billion in late payments, which account for almost 22% of the Total Gross Account receivables reported in 2019. Out of the EUR 18.5 billion, Provisions for credit losses are EUR 3.7 billion. This means that almost one quarter of the Gross Account receivables were not paid for according to the agreed payment terms.
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