Average debtor days continue to nudge higher
Belinda Johnson
17 April 2019
The latest information from Recruitment Industry Benchmarking’s RIB Index shows that the median industry recruiter has continued to experience a rise in the average number of debtor days – up to an average of 52.8 across 2018.
Set into historical context, the average for the median recruitment rose from 42.4 days in 2015, through 44.8 days in 2016 to 50 across 2017 – and far from improving in 2018, the figure continued to rise to 52.8. Encouragingly, however, those with a tight rein on debtors – as evidenced by the performance of the lower quartile recruiter – rose from just 33.2 to 37.1 days...
