Accounts Receivable and Days Sales Outstanding Industry Report

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A Quarterly Report for Benchmarking A/R Performance

Q1 2020 Report

Dun & Bradstreet and the Credit Research Foundation have partnered to help the commercial credit community by jointly creating this US Accounts Receivable and Days Sales Outstanding Industry Report. Use this quarterly report to benchmark your company's A/R performance against industry averages and investigate the differences. Although differences could be driven by unique company portfolios, we believe that using credit best practices play an important part in driving A/R performance.

This joint report expands upon the Credit Research Foundation's own quarterly report, the National Summary of Domestic Trade Receivables (NSDTR), by providing A/R aging percentages on considerably more industry segments. This expanded coverage of industry segments gives the credit community more value for benchmarking credit department performance, according to William F. Balduino, President and COO of the Credit Research Foundation.

The Q1 2020 report lists more than 220 US industries by SIC code, along with the percentage of Dun & Bradstreet reporting companies that are current on payments, then slow to 30 days late, slow to 60 days late, slow to 90 days late, and then severely delinquent at 91+ days late (for more information, see Methodology below.) The Q1 2020 report data is presented in 15 different industry segments: Agriculture, Chemicals, Construction, Consumer Goods, Energy and Utilities, Food, Machinery, Metals and Mining, Manufacturing, Retail, Professional and Business Services, Technology and Electronics, Transportation, Wholesale, and Wood and Paper.

Highlights of the Q1 report show that auto & home supply retailers and medical/hospital equipment distributors are reporting to Dun & Bradstreet that almost 40% of their accounts receivable dollars are paid severely delinquent (more than 90 days late). However, even those industries with severely delinquent customers still have the majority of their dollars current.

As a preview of the data available, the chart below shows the top 15 industries that paid more than 90 days late during Q1, Jan. 1 – March 31.

Top 15 Industries Getting Paid Severely Late in Q1 2020

SIC Code Industry % Paying Current Up To 30 Days Late 30-60 Days Late 60-90 Days Late 91+ Days Late
5531
Retail auto/home supply stores
30.35%
3.18%
9.24%
17.55%
39.68%
3441 Structural metal fabrication  
63.24%
6.82%
2.40%
1.20%
26.34%
5047
Wholesale medical/hospital equipment 49.15%
1.69%
15.63%
7.93%
25.59%
3842 Manufactring surgical appliances & supplies
53.14%
17.27%
6.22%
4.33%
19.04%
7359 Equipment rental & leasing 49.78%
10.75%
13.59%
7.75%
18.13%
5142 Wholesale packaged frozen goods
62.45%
16.14%
2.24%
1.35%
17.82%
5153 Wholesale grain/field beans 67.13%
9.92%
4.58%
2.30%
16.07%
3069 Manufacturing fabricated rubber products
67.71%
11.90%
2.72%
1.76%
15.91%
3822 Manufacturing environmental controls 48.80%
22.79%
9.13%
3.99%
15.29%
3496 Manufacturing fabricated wire products 65.91%
12.43%
2.52%
5.01%
14.13%
3699 Manufacturing electrical equipment 45.06%
22.72%
11.09%
7.01%
14.04%
7699 Repair services 60.47%
15.56%
6.79%
3.32%
13.86%
3829 Manufacturing measuring/controlling devices 56.83%
14.54%
9.49%
5.48%
13.65%
76 Misc. repair services 60.94%
15.45%
6.73%
3.25%
13.63%
7513 Truck rental/leasing
57.20%
16.18%
6.32%
7.30%
13.00%

Methodology

This report is created from Dun & Bradstreet’s robust dataset of commercial accounts receivable payment data as provided by credit departments for credit reporting purposes. The DSO numbers are those collected by CRF from its NSDTR survey process. Where possible, Dun & Bradstreet’s A/R aging data and CRF’s DSO numbers are presented side by side for an industry. Both sets of data are presented when the numbers of providers and survey results meet a minimum threshold of relevance.

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