Trading overseas Archives - Small Business Insights

Cash flow

50.9^%

of Australian small businesses were cash flow positive in January 2020

-5.30 p.p.
Month on monthMoM

0.74 p.p.
Year on yearYoY

Getting paid

36.60

days on average for Australian small-business invoices with 30-day terms to be paid in January 2020

14.21 %
Month on monthMoM

0.86 %
Year on yearYoY

Hiring people

-3.7^%

change in the number of Australian small business employees from December to January 2020

0.32 p.p.
Year on yearYoY

Trading overseas

-11^%

change in the total dollar value of imports and exports for Australian small businesses from December 2019 to January 2020

-15.21 p.p.
Year on yearYoY

Cloud adoption

27.0 ^%

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

-11%
-15.21 p.p. YoY

-11%
-15.21 p.p. YoY

Percentage movement in the total dollar value of imports and exports

The value of overseas trading among small businesses fell 11% month on month in January, fueled by a 16% drop in imports. Outbound shipments rose 1.9%.

50.9%

-5.30 p.p. Month on monthMoM

0.74 p.p. Year on yearYoY

36.60

14.21 % Month on monthMoM

0.86 % Year on yearYoY

-3.7%

0.32 p.p. Year on yearYoY

-11%

-15.21 p.p. Year on yearYoY

27.0 %

Trading overseas

Percentage movement in the total dollar value of imports and exports

-11%

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

50.9^%

-5.30 p.p.
Month on monthMoM

0.74 p.p.
Year on yearYoY

14.21 %
Month on monthMoM

0.86 %
Year on yearYoY

-3.7^%

0.32 p.p.
Year on yearYoY

-11^%

-15.21 p.p.
Year on yearYoY

27.0 ^%

-11^%