The Atradius Payment Practices Barometer for Australia shows a steep increase in DSO (Days Sales Outstanding) and the need for more time to convert B2B invoices into cash. The most frequently mentioned reasons for writing off B2B receivables as uncollectable are bankruptcy and the inability to locate the customer. The top export sectors are mineral products, stone/glass, animal & animal products, vegetable products, and metals, with China, Japan, South Korea, USA, and the United Kingdom as the top import sectors. The survey design included respondents trading on credit terms in their industries to understand their payment practices and challenges.
