Getting paid Archives - Small Business Insights

Cash flow

53.22 ^%

of Australian small businesses were cash flow positive in October 2018

-1.06 p.p.
Month on monthMoM

0.29 p.p.
Year on yearYoY

Getting paid

35.14

days on average for Australian small-business invoices with 30-day terms to be paid in October 2018

2.16 %
Month on monthMoM

-0.33 %
Year on yearYoY

Hiring people

1.58 ^%

change in the number of Australian small business employees from September to October 2018

0.07 p.p.
Year on yearYoY

Trading overseas

7.39 ^%

change in the total dollar value of imports and exports for Australian small businesses from September to October 2018

4.85 p.p.
Year on yearYoY

Cloud adoption

27.0 ^%

growth in Australian subscribers on Xero in the year through 30 September 2018

35.14
2.16 % MoM
-0.33 % YoY

35.14
2.16 % MoM
-0.33 % YoY

Average number of days for an Australian small business invoice to be paid (30-day term)

Late payment times ticked higher: Australian small businesses waited an average 35.1 days to be paid on a 30-day invoice in October. Payment times traditionally improve as we head into November and December when Christmas sales boost liquidity at businesses big and small.