Trading overseas 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

7.39 %
4.85 p.p. YoY

7.39 %
4.85 p.p. YoY

Percentage movement in the total dollar value of imports vs exports

The total value of imports and exports rose 7.4 percent month on month in October, fueled by a nearly 12 percent jump in outbound shipments. Imports rose a more modest 3.7 percent.

53.22 %

-1.06 p.p. Month on monthMoM

0.29 p.p. Year on yearYoY

35.14

2.16 % Month on monthMoM

-0.33 % Year on yearYoY

1.58 %

0.07 p.p. Year on yearYoY

7.39 %

4.85 p.p. Year on yearYoY

27.0 %

Trading overseas

Percentage movement in the total dollar value of imports vs exports

7.39 %

Small businesses squeezed as tax time hits cash flow and payments

Cash flow & payment times worsen as mid-year approaches

Late payments worsen as seasonal trends hit in 2018

53.22 ^%

-1.06 p.p.
Month on monthMoM

0.29 p.p.
Year on yearYoY

2.16 %
Month on monthMoM

-0.33 %
Year on yearYoY

1.58 ^%

0.07 p.p.
Year on yearYoY

7.39 ^%

4.85 p.p.
Year on yearYoY

27.0 ^%

7.39 ^%