November 19th, 2010 by Alex Coté
It’s not exactly the title you want to win, but Florida businesses on average are the slowest at paying their invoices in the nation. According to Cortera’s monthly report on businesses accounts receivable debt past due by state for September 2010, Florida businesses are 23.91% past due making them the slowest in the country. Michigan came in number two at 23%. On the bright side, businesses in states like Alaska, Wyoming and Maine remain below 10% past due. The top 10 lists are below.
| State | % Business A/R Debt Past Due |
| Florida | 23.91% |
| Michigan | 23.00% |
| Oregon | 22.48% |
| Minnesota | 22.41% |
| Illinois | 21.75% |
| New Mexico | 21.75% |
| Hawaii | 21.54% |
| Indiana | 21.19% |
| Washington | 21.00% |
| Georgia | 20.81% |
| State | % Business A/R Debt Past Due |
| Alaska | 6.90% |
| Wyoming | 9.92% |
| Maine | 9.93% |
| South Dakota | 10.87% |
| Utah | 10.92% |
| North Dakota | 10.96% |
| Louisiana | 11.23% |
| New Hampshire | 11.88% |
| Mississippi | 13.19% |
| Kansas | 14.13% |
The Cortera Past Due by State Report tracks late payments of businesses within each state against agreed upon terms, measuring the percentage of late accounts receivable by state. This monthly report of accounts receivable (A/R) activities by state measures the payment activities of approximately 20 million public and private business locations.
(1 votes, average: 5.00 out of 5)
Loading ...
