The latest annual report from Iédom on payment deadlines practiced by companies and public bodies in the overseas departments and communities of the euro zone shows a positive development in 2020. B2B customer payment times have decreased significantly, to reach their lowest level in the last fifteen years. Reunion remains the territory where these delays are the lowest (54 days of turnover, down 3 days compared to 2019). Supplier deadlines are, as far as they are concerned, almost stable but, in total, overseas payment times remain around twenty days longer than the national average : 58 days of turnover (versus 43 days) for customer deadlines and 70 days of purchases (versus 49 days) for supplier deadlines. The most significant drop (-3 days of purchases) is observed in Reunion which is already the overseas territory where suppliers are paid the fastest (66 days), underlines Iédom.
