Average debtor days continue to nudge higher

Stats

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...

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