BICB Statistics – General

    BICB Statistics – General

    Members 60/90+ Debt – Sept Quarter 2018
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    The consolidated debt at 60/90 days for the Sep 2018 quarter was 5.66%. This was slightly lower than the Sep 2017 results. The 2017/2018 financial year average for outstanding debt at 60/90 days was 6.57%. This was a big improvement on the 2016/2017 results which averaged 7.72% for the year.

    BICB Statistics – General

    Industry Sector 60/90+ Debt
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    The equipment hire sector lead the field when it comes to outstanding balances at 60/90+ days, with an average of 17.3% for the three months ending 31 December 2018. The consolidated value of debt at 60/90 days at 31 December 2018 was $224,576,592 (8.7%).    

    BICB Statistics – General

    Consolidated Outstanding 60/90 Day Debt Percentage
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    Our data shows that the Consolidated 60/90 debt percentage for the first four months of 2018 is slightly higher than the first six months of the 2017/2018 financial year. It will be interesting to see if this trend continues.   Consolidated DSO Result Days Sales Outstanding (DSO) represents the average number of days it takes…