A new KSV1870 study reveals that every fifth invoice in Austria is now paid late, an increase from one in six last year. Companies currently take an average of 29 days to settle debts, marking a four-day rise in the average payment duration over 12 months.
While private households improved their speed to 13 days, regional disparities persist. In Tyrol and Burgenland, payments take 41 days. The federal government pays on time in 76 percent of cases, while state punctuality dropped from 82 to 79 percent.
CEO Ricardo-José Vybiral notes only 42 percent of firms rate their situation as good, a low since 2000. With 72 percent of companies requiring debt collection services, 30 percent of businesses expect payment behavior to deteriorate further through 2027.