Cash flow
Percentage of New Zealand small businesses that are cash flow positive
In the past year, on average 51.15% percent of New Zealand small businesses were cash flow positive in any given month with November 2019 reaching the highest level at 58.5% percent.
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Getting paid
Average number of days late for a New Zealand small business invoice to be paid
The average delay for these payments throughout the year was 8.13 days, with January 2020 and March 2019 being the worst month for late payments across all payment periods.
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Hiring people
Percentage change in number of small business employees
February and October 2018 were the highest employment growth month at 2.9 percent while the worst month for employment growth was January 2019 and January 2020.
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Trading overseas
Percentage movement in the total dollar value of imports vs exports
Both import spend and export spend saw the highest positive activity in March 2019, with a considerable decrease in month on month percentage change in December 2018 which continued into January 2019.
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Cloud adoption
A breakdown of the top 5 industries adopting Xero
The rental hiring and real estate services adopted Xero more than any other sector in the year through 31 March 2019.
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New Zealand | Reporting period: February 01, 2019 - February 29, 2020
Published: April 16, 2020
Next publish: May 15, 2020
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Supporting the New Zealand small business economy
by Craig Hudson
Xero Small Business Insights provides a monthly snapshot of New Zealand’s small business sector. Taking anonymised, aggregated data, it provides insights into five key areas of small business health: cash flow, getting paid, hiring people, trading overseas and cloud adoption.
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