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CM October 2021

The CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS

The CICM MAGAZINE FOR CONSUMER AND COMMERCIAL CREDIT PROFESSIONALS

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PAYMENT TRENDS<br />

AUTHOR – Rob Howard<br />

But while those at the top revel in speedy payments,<br />

those at the other end of the scale need to make drastic<br />

improvements. Monaghan is by far and away the worst<br />

performing region in Ireland with an enormous overall<br />

DBT of 91.8 days. Carlow (65 days) and Wexford (46.1 days)<br />

also need to improve.<br />

CONNACHT<br />

-4.8 DBT<br />

ULSTER<br />

-39.7 DBT<br />

Ireland<br />

Getting Better – Getting Worse<br />

-39.7<br />

-21.4<br />

-17.7<br />

-4.8<br />

Ulster<br />

Leinster<br />

Munster<br />

Connacht<br />

Getting Better<br />

Real Estate -37.9<br />

Health & Social -18.7<br />

MUNSTER<br />

-17.7 DBT<br />

LEINSTER<br />

-21.4 DBT<br />

Professional and Scientific -17.4<br />

Transportation and Storage -16.5<br />

Construction -16<br />

C<br />

M<br />

Y<br />

Manufacturing -12.5<br />

<strong>CM</strong><br />

Financial and Insurance -11.9<br />

MY<br />

Wholesale and retail trade; -11.7<br />

CY<br />

IT and Comms -5.7<br />

<strong>CM</strong>Y<br />

K<br />

Top Four Prompter Payers – Ireland / N Ireland<br />

Region August 21 Change from July 21<br />

Leinster 5.7 -21.4<br />

Bottom Four Poorest Payers - Ireland<br />

Munster 6.1 -17.7<br />

Connacht 6.3 -4.8<br />

Ulster 8.2 -39.7<br />

Getting Worse<br />

Entertainment 7.7<br />

Top Five Prompter Payers – Ireland<br />

Region August 21 Change from July 21<br />

Cavan 0 -0.5<br />

Kilkenny 0 -28<br />

Leitrim 0 -17.5<br />

Offaly 0 -32.7<br />

Sligo 0 -3.6<br />

Bottom Five Poorest Payers – Ireland<br />

Region August 21 Change from July 21<br />

Monaghan 91.8 0<br />

Carlow 65 0<br />

Wexford 46.1 -2.1<br />

Dublin 26.6 -7.2<br />

Limerick 22.9 -11.8<br />

Top Five Prompter Payers – Ireland<br />

Sector August 21 Change from July 21<br />

International Bodies 0 0<br />

IT and Comms 0 -5.7<br />

Other Service 0 0<br />

Public Administration 0.8 0<br />

Wholesale and retail trade 4.4 -11.7<br />

Bottom Five Poorest Payers – Ireland<br />

Sector August 21 Change from July 21<br />

Business Admin & Support 56.6 0<br />

Water & Waste 34 0<br />

Agriculture, Forestry & Fishing 31 0<br />

Energy Supply 26 0<br />

Financial and Insurance 22.8 -11.9<br />

Advancing the credit profession / www.cicm.com / <strong>October</strong> <strong>2021</strong> / PAGE 38

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