According to the Atradius Payment Practices Barometer May 2018, Japan is the most inclined to offer credit terms, with a focus on nurturing long-term cooperation and expanding business both domestically and internationally. Respondents reported an increase in overdue B2B invoices and longer time to convert B2B invoices into cash in 2018. Bankruptcy and high costs to pursue debtors are the top reasons for writing off B2B receivables as uncollectable. The main reasons for payment delays and payment practices by industry are not specified in the given text.
