Invoier's Payment Time Index

When do Swedish companies pay their invoices?

Invoier's Payment Time Index compare actual and contracted payment times for an average B2B invoice in Sweden. the index is based on over 1.5 million invoices from 2016 until today.

How to read the Payment Time Index:
Use the dropdown menu to filter and see the payment moral depending on debtor company size.
Negative numbers: equals payments done BEFORE due date
Positive numbers: equals payments done AFTER due date

Average this month: 5,0 days early
(+20% compared to same month last year)

Index updated: May 17, 2022

 

Publishing: Invoier's Payment Time Indexcan be freely published in editorial channels and can be used in internal company purposes. For other, commercial purposes permission is required. See contact details below for permission or access to data.

Industri

A. Jordbruk, skogsbruk & fiske

B. Utvinning av material

C. Tillverkning

D. Försörjning av el, gas, värme & kyla

E. Vattenförsörjning; avloppsrening, avfallshantering & sanering

F. Bygg

G. Handel

H. Transport & magasinering

I. Hotell- & restaurang

J. Information & kommunikation

K. Finans & försäkring

L. Fastighetsverksamhet

M. Juridik, ekonomi, vetenskap & teknik

N. Uthyrning, fastighetsservice, resetjänster & andra stödtjänster

O. Offentlig förvaltning & försvar; obligatorisk socialförsäkring

P. Utbildning

Q. Vård & omsorg; sociala tjänster

R. Kultur, nöje & fritid

S. Annan serviceverksamhet

T. Förvärvsarbete i hushåll

U. Verksamhet vid internationella organisationer

Index

5.0 dagar sent

5.0 dagar tidigt

1.8 dagar sent

5.0 dagar sent 

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

5.0 dagar tidigt

Betalvillkor
(avg dagar)

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

30

Faktisk betalning
(avg dagar)

35

25.0

31.8

35

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

25

12 månader

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

36 månader

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

+5%

About Invoier's Payment Time Index

Payment Time Index™ is developed by Invoier for increased transparency in actual payment times between Swedish companies. The index shows to what extent Swedish companies pays their invoices in time and how that is developing over time. The index is based on over 1.5 million invoices from Swedish companies. Thousands of invoices are added monthly to the data. The index value is based on a 10 month moving average. The distribution of company sizes is 0-9 employees (44,5%), 10-49 (24,6%), 50-249 (15,8%) and 250+ (15,0%). The companies' size is based on reported number of employees to Bolagsverket. 

Contacts for further information:
statistics and data Sebastian von Corswant, tel. +46 (0)72-250 29 20
press and media Linda Rehn, tel. +46 (0)73-539 12 22

 

1,5 million

invoices constitutes the bases of the index

45 000+

Swedish companies' invoices

-4,67

index value (days)

Late payments more common by larger companies in August

(published 8/24/2022) 

Payment Time Index™ shows that larger companies make their payments even later in August. On average each invoice from large companies in Sweden is paid 3,5 days late, which can have a big negative impact on small and medium-sized companies. And the trend is consistent yearly as of 2016, when the index started. 


Larger companies, with more than 250 employees, are constantly late with payments all months of the year. But in August each year they are even later, increasing relatively with 143% to the yearly average, the index shows.

The industries that are best and worst at paying on time

(published 6/14/2022)

Stockholm based fintech company Invoier, who recently launched Payment Time Index™, has mapped what industries in Sweden that are the best, as well as worst, at paying their suppliers on time.

Sämsta branscherna:
(antal försenade betaldagar)
1. Stål- och metallframställning (4,03)
2. Tillverkning av andra transportmedel (3,90)
3.Reparation och installation av maskiner och apparater (2,45)
4.Tillverkning av motorfordon, släpfordon och påhängsvagnar (1,87)
5.Sport-, fritids- och nöjesverksamhet (1,42)
Bästa branscherna:
(antal för tidiga betaldagar)
1. Konstnärlig och kulturell verksamhet samt underhållningsverksamhet  (6,82)
2. Jordbruk och jakt samt service i anslutning härtill (4,54)
3. Utbildning (3,24)
4. Öppna sociala insatser (3,19)
5. Handel samt reparation av motorfordon och motorcyklar (2,99)

About Invoier:

Invoier provides solutions for company financing and has developed Sweden’s only marketplace for invoices. The purpose is to enable market-based pricing for financing and growth of small- and medium sized businesses, as well as a new type of investors get access to this market. The technical base of the offer consists of a unique AI engine that will anticipate both if and when an invoice will be paid. Invoier was founded in 2018 in Stockholm and is financed by the EU and KTH and operates with permission of the Swedish Financial Supervisory Authority and the Swedish Authority for Privacy Protection. Read more about Invoier Read more about Invoier