56.4%of New Zealand small businesses were cash flow positive in March 2018
7.96p.p.Month on month
1.30p.p.Year on year
Percentage of New Zealand small businesses that are cash flow positive
In the past year, on average 50.2% percent of New Zealand small businesses were cash flow positive in any given month with March 2018 reaching the highest level at 56.5% percent.
34.4days on average for New Zealand small business invoices with 30-day terms to be paid in March 2018
-4.61%Month on month
-10.70%Year on year
Average number of days for a New Zealand small business invoice to be paid (30-day term)
The average delay for these payments throughout the year was 34.7 days, with March 2017 being the worst month for late payments.
1.3%change in the number of New Zealand small business employees from February 2018 to March 2018
-0.62p.p.Year on year
Percentage change in number of small business employees
February 2018 was the highest employment growth month at 2.85 percent while the worst month for employment growth was January 2018.
34.3%change in the total dollar value of imports and exports for New Zealand small businesses from February 2018 to March 2018
-7.66p.p.Year on year
Percentage movement in the total dollar value of imports vs exports
Both import spend and export invoicing saw the highest activity in March 2017, with a similar upward tick in March 2018.
22.1%growth in New Zealand subscribers on Xero in the year through 31 March 2018
A breakdown of the top 5 industries adopting Xero
The professional scientific and technical services adopted Xero more than any other sector in the year through 31 March 2018.