Economic Downturn
» Economic Downturn, Volume 8, Issue 1, 2008
If respondent or someone on his/her behalf collects the receivables more aggressively now compared to six months ago.
6a. (collecting receivables) Why are you doing that? Is it because:?
Response | ||||
---|---|---|---|---|
1 | You want to improve cash flow | 25 | ||
2 | Receivables are a problem that has to be addressed | 9 | ||
3 | Customers are paying slower | 41 | ||
4 | Of a slowing overall economy | 23 | ||
5 | Other | 2 | ||
6 | DK/Refuse | 1 | ||
Total (%) | 101 | |||
N | 241 |
Notes: Forty-one (41) percent of small employers who personally or who have someone on their behalf collects receivables more aggressively now compared to six months ago do so because of slower paying customers.