ICISA Insider has published an article in which Maxime Lemerle, Lead Advisor for Insolvency Research Allianz Trade, advises that globally, 47% of companies posted payment delays above 60 days of turnover at the end of Q1 2024. In Europe, this share (45%) was close to the global average, while it was above in Asia (51%) and below in North America (35%). At the global level, the sectors with the highest proportion of firms with large Days Sales Outstanding were machinery equipment (71% above 60 days), transport equipment (68%), electronics (67%) and computer/telecoms (63%). The article also warns that 22% of companies worldwide are paid after 90 days, “suggesting that the role of suppliers as the invisible bank is coming back in full force.” To read ICISA’s article, go to https://icisa.org/wp-content/uploads/2024/07/0_The-ICISA-Insider-July_spreads.pdf.