BDI: Credit payment lag best in a year

The level of credit payment days in May was the best since June last year, according to a Business Data Israel report.

By SHARON WROBEL
June 6, 2006 10:18

 
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The level of credit payment days in May was the best since June last year, according to a Business Data Israel report. There was an improvement in the transfer of credit payments during May after a bad month in April, according to BDI, which noted that during the month of May the number of actual credit days was 97 compared with 100 in April. The average number of agreed-upon credit days in May was 87 compared with 88 in April.

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