50.2%of New Zealand small businesses were cash flow positive in February 2020
11.02p.p.Month on month
1.27p.p.Year on year
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.
7.6days late on average across all New Zealand small business invoices paid in February 2020
-22.27%Month on month
-14.01%Year on year
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.
1.4%change in the number of New Zealand small business employees from January 2020 to February 2020
-0.71p.p.Year on year
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.
-17.7%change in the total dollar value of imports and exports for New Zealand small businesses from January 2020 to February 2020
-0.61p.p.Year on year
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.
17.0%growth in New Zealand subscribers on Xero in the year through 31 March 2019
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.