Around the Net
Agencies Wait Nearly 90 Days To Get Paid, Research Finds
- NetImperative, Friday, February 17, 2017 7:57 AM
Average days' sales outstanding for client invoices have grown to an all-time high of 86.42 days -- an increase of 20 days since 2013, according to new research. FastPay, which provides working capital to fast-growing digital media companies, has analysed its data bank of client invoices and has found that agencies and other providers must now wait an average of 86 days to be paid.
