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December/Q4 2011
The findings show general improvement in business performance in most categories quarter over quarter, while metrics remain negative from a year-over-year perspective.
September/Q3 2011
The report shows that all U.S. businesses have demonstrated an increase in slow payment compared with September 2010, with large businesses showing the greatest increase. Businesses with more than 1,000 employees had the greatest percentage increase (28.3 percent) in days beyond terms (DBT). They increased their late payments by more than 1.5 days on average, going from 5.7 DBT in September 2010 to 7.3 DBT in September 2011.
June/Q2 2011
Findings from the Q2 report showed that the amount of delinquent debt has increased significantly for the largest and smallest businesses. Very large businesses (those with more than 1,000 employees) had the greatest shift in percentage of dollars delinquent, going from 11.6 percent in June 2010 to 18.2 percent in June 2011, and very small businesses (those with one to four employees) had the greatest shift in percentage of dollars considered severely delinquent, going from 9.9 percent in June 2010 to 11.7 percent in June 2011.
March/Q1 2011
Findings from the Q1 report showed the national average percentage of dollars delinquent in March 2011 was 9.5 percent, an increase of 1.9 percent compared with March 2010. The largest absolute increase came from the largest businesses (with 1,000 or more employees), growing from 13.7 percent to 18.6 percent during the year. The trend for Q1 2011 showed that the percentage of delinquent dollars remained relatively stable during the quarter.
December/Q4 2010
Findings from the Q4 report show that smaller businesses and large businesses have shown the largest increases in percentage of dollars delinquent in Q4, rising by as much as 22.5 percent and 18.1 percent, respectively, over Q3 numbers. Additionally, small businesses with 1 to 49 employees showed the most dramatic increases in percentage of dollars considered severely delinquent in Q4 2010, rising by as much as 25.9 percent compared with Q3 numbers.
November 2010
Compared with October, the national average business credit score increased slightly, and the average number of days beyond terms (DBT) businesses paid their bills increased by 1.6 percent. This metric has shown signs of stabilization over the past few months. The national average percentage of dollars delinquent and severely delinquent remained relatively flat.
October 2010
In October, the national average days that businesses paid their bills beyond contracted terms remained relatively flat when compared with September’s numbers. However, this metric has seen a 10.3 percent increase since the beginning of the year. The national average percentage of dollars considered severely delinquent (91+ days past due) has increased by 5.5 percent. Overall, there has been a steady increase (8.6 percent) in percentage of dollars severely delinquent since the beginning of the year.
September/Q3 2010
Findings from the now quarterly report show early signs of stabilization in some core metrics. The study shows that even though the national average days that businesses paid their bills beyond contracted terms saw a dramatic increase of as much as 12.1 percent since January 2010, it has since stabilized, showing only slight fluctuations quarter over quarter. The study also shows that during Q3, the percentage of dollars delinquent and the percentage of dollars severely delinquent have begun to return to the levels observed at the beginning of the year, virtually erasing increases of as much as 13.2 percent seen during the year.
August 2010
The percentage of dollars delinquent have increased by 6.2 percent. This has been following a consistent trend over the last six months, where percentage of dollars delinquent have shown a 14 percent increase. The percentage of dollars considered severely delinquent have also risen by 3.4 percent in August and show a 15 percent increase over the six month trend
July 2010
The national average number of days that businesses paid their bills beyond contracted terms increased by 2 percent in July compared with June. When compared with six months ago, the average payment beyond contracted terms has increased by 3.3 percent. The July report also showed that the national average dollars delinquent and dollars severely delinquent (91 or more days) are up (6 percent and 13 percent, respectively) when compared with six months ago.
June 2010
Very large businesses (those with more than 1,000 employees) have shown a 25.9 percent improvement in the average commercial risk score* category, going from 33.0 in January to 41.5 in June. In contrast, nonemployer firms (those with no paid employees) showed a 3.3 percent improvement for the half overall, but saw a dramatic drop in Q2, falling from 61.2 in March to 59.9 in June.
May 2010
For the first time this year, all industry sectors have shown a marked improvement in their commercial risk scores month over month. The report also shows significant improvements in outstanding debt, with the national average percentage of dollars delinquent showing a 4 percent improvement and the percentage of dollars severely (more than 91 days) delinquent seeing a 2 percent improvement since December 2009.
April 2010
The national average commercial risk score is up by 1.8 percent since January 2010. Also, beleaguered industry sectors such as construction and retail showed the first improvement in their average risk scores since mid- 2009. Additionally, midsize businesses have shown the greatest improvement in the percentage of delinquent dollars since the beginning of the year.
March 2010
The national average commercial risk score was up 2.4 percent and overall delinquencies have declined since the beginning of the year. The national average percentage of dollars delinquent had improved by 5.9 percent, and the percentage of dollars 91-plus days delinquent had improved by 1.9 percent. Additionally, businesses in states with large metropolitan areas, such as California and Texas, had among the lowest rates of severe delinquency, coming in at 14.8 percent and 28.8 percent below the national average.
February 2010
The national average commercial risk score was 58.15,* improving by 1.8 percent over January’s number. Businesses with 250 to 499 employees have shown the greatest change in the percent of delinquent dollars, seeing a 5.7 percent improvement over the past six months. The largest businesses — those with more than 1,000 employees — have improved by 3.6 percent and continue to rank among the lowest rate of severe delinquency at 2.1 percent, far below the national average.
January 2010
The national average number of days that businesses paid beyond the terms of their contracted amounts was 5.77. This number has decreased by 2 percent over the last six months, indicating overall payment behavior may be showing signs of improvement. In fact, businesses of all sizes, in all industries and across all regions have shown improvement in payment behavior. Additionally, the percentage of dollars delinquent remained stable over the six-month review period; the percentage of dollars severely delinquent (91-plus days delinquent) is 5.3 percent, a 2 percent improvement from the previous period.
