Atradius conducted a survey on payment practices among international companies in Asia and Pacific region, with a sample of 1692 respondents from 8 countries including Australia, China, Hong Kong, India, Indonesia, Japan, Singapore, and Taiwan. The survey aimed to understand the payment practices of potential business partners in these countries to avoid cash flow issues. The survey covered manufacturing, wholesale/distribution, and service industries, with samples divided into small, medium, and large enterprises. The survey used an internet panel and WAPI interviews lasting about 12 minutes. The results showed that maintaining sufficient cash flow was the biggest challenge for Indian respondents, followed by declining product and service demand and collecting unpaid invoices. The survey also revealed that Indian respondents were most likely to face bank loan restrictions, which was a barrier to their profitability. The survey results indicated that the difficulty in recovering overdue accounts receivable in India was higher than in most other countries, with 40.4% of B2B invoices not paid by their due date. This may be a sign that companies are trying to maintain as much liquidity and positive cash flow as possible in the face of limited bank loans.
