Payment practices by industry
In Western Europe, domestic B2B customers in the paper sector
are extended the most relaxed payment terms (averaging
40 days from the invoice date). The same happens to foreign
customers in the agriculture sector (payment terms average
41 days). In the chemicals and construction sectors, domestic
and foreign customers are extended the same payment terms
(averaging 37 days and 35 days respectively). In the financial and
business services sectors, domestic customers are given shorter
terms than foreign customers.