Our latest Market Insights based on 30 April data is now available.
While data from March showed an improvement, the overall negative trend returned in April’s results. Overdue debt (60 and 90 days past due) continues to grow in value and percentage.
Sales data is similar to last year, but when inflation is taken into account, we are seeing are double-digit decreases in sales.
May will provide a clearer trend line, but expectations are for further increases in arrears.
It’s time to review the health of your ledger with our Management Reports, which are available through CRISworks to our Full Contributing Users. Contact us today to discuss how we can assist you with managing your risk on 09 520 0626 or enquiries@creditworks.co.nz
Please note that due to the vast amount of data required to produce these reports, most of which is accessed from a multitude of external sources, there is an inevitable time delay in their generation. However we prefer to defer their publication in favour of ensuring greater accuracy.