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Payment periods in 2010: the efforts made since the implementation of the LME have lost momentum

Author

Abstract

Payment periods have significantly shortened since the LME came into effect. In 2010, this trend continued, albeit at a slower pace. There is still a high risk of companies passing on cash flow difficulties to other companies.

Suggested Citation

  • É. Kremp. & F. Servant., 2011. "Payment periods in 2010: the efforts made since the implementation of the LME have lost momentum," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 24, pages 69-90, Winter.
    • Handle: RePEc:bfr:quarte:2011:24:03
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    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/quarterly-selection-of-articles_24_2011-2012-winter.pdf
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    Cited by:

    1. ., 2011. "Companies in France in 2010: a mixed picture," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 24, pages 29-68, Winter.

    More about this item

    Keywords

    payment periods; days sales outstanding (DSO); days payable outstanding (DPO); trade credit; trade credit balance; LME.;
    All these keywords.

    JEL classification:

    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other

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