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Quarter of Swiss companies fail to pay bills on time

Summary:
Companies in French-speaking Switzerland featured high up in the ranking. (Keystone) - Click to enlarge 23.3% of businesses in Switzerland did not pay their bills on time in 2017, found the business information service Bisnode D&Bexternal link in a survey published on Wednesday. That’s 0.3% less late-payers compared to 2016. The average delay of payments was also shorter in 2017, averaging 14.4 days, compared to 15.7 in 2016.  +Find out what people earn in Switzerland  It was noticeable how many companies in French-speaking Switzerland featured high up in the ranking, with 32.9-41.2% of businesses in the region not paying on time. All 26 cantons were considered in the survey. Bern and the central Switzerland

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Quarter of Swiss companies fail to pay bills on time

Companies in French-speaking Switzerland featured high up in the ranking. (Keystone) - Click to enlarge

23.3% of businesses in Switzerland did not pay their bills on time in 2017, found the business information service Bisnode D&Bexternal link in a survey published on Wednesday.

That’s 0.3% less late-payers compared to 2016. The average delay of payments was also shorter in 2017, averaging 14.4 days, compared to 15.7 in 2016.

 +Find out what people earn in Switzerland 

It was noticeable how many companies in French-speaking Switzerland featured high up in the ranking, with 32.9-41.2% of businesses in the region not paying on time. All 26 cantons were considered in the survey. Bern and the central Switzerland region were most likely to settle bills without delay.

Most defaulting payers could be found in the clothing, hospitality and automobile industry. Around a third of all companies in those sectors were in arrears.

By contrast, recruitment agencies, the finance- real-estate and insurance industry were most likely to settle bills on time, with only between 10.8% and 13.1% of businesses falling behind with payments.


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