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Payment periods in 2010: the efforts made since the implementation of the LME have lost momentum

Elisabeth Kremp and Francois Servant

Quarterly selection of articles - Bulletin de la Banque de France, 2011, issue 24, 69-90

Abstract: Payment periods have significantly shortened since the LME came into effect. In 2010, this trend continued, albeit at a slower pace. There is still a high risk of companies passing on cash flow difficulties to other companies.

Keywords: payment periods; days sales outstanding (DSO); days payable outstanding (DPO); trade credit; trade credit balance; LME. (search for similar items in EconPapers)
JEL-codes: L14 L29 (search for similar items in EconPapers)
Date: 2011
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