Central Administration Data
The PMP of the Central Administration has been put at 27.61 days in April, 2.59 days more than in March. The ratio of operations paid has stood at 25.04 days, while the ratio of operations pending payment has reached 31.31 days.
Data of the autonomous communities (CCAA)
In the Autonomous Communities, the Average Period of Payment to Suppliers is calculated in April 2020 at 34.18 days, 0.80 days less than in March.
Regarding the composition of the PMP in April, the ratio of paid operations stood at 27.91 days and that of pending operations at 42.20 days. This represents a reduction of 3.78 days in the ratio of operations paid and an increase of 3.50 days in the ratio of operations pending payment, compared to the previous month.
The amount of the commercial debt amounts to 4,110.34 million euros, equivalent to 0.37% of the national GDP.
This represents a decrease of 465.22 million euros (10.17%, compared to the data from the previous month).
Measures before COVID-19
The evolution of the PMP and the commercial debt are in connection with the increase in commercial operations, especially in the health field, as a consequence of the COVID-19 pandemic. Commercial operations of a sanitary nature generated in the months of March and April have increased with respect to the same period of the previous year by 21%.
In order to meet the higher commercial expenses derived from the pandemic and compensate for the lower collection of taxes from the autonomous communities, the Government approved liquidity measures that have allowed reducing the average payment periods of the autonomous communities and the level of your business debt. This is the case of the payment in March and April of the update of the installments on account of the financing system or the higher amount anticipated in relation to the liquidation of the financing system to be practiced in July.
Local Corporations Data
The transfer entities present an Average Supplier Payment Period of 82.70 days in April, which represents an increase of 3.60 days compared to March 2020.
It must be taken into account that the average data for the subsector is calculated according to the same methodology established for each local corporation at the individual level, that is, the days are weighted according to the volume of debt of each entity, so that in The calculation of the PMP has more weight those entities with greater indebtedness to suppliers.
If this method were not used, the simple mean of the individual PMP shows a data of 38.63 days, very far from the 82.70 days resulting from applying the methodology as if the subsector were a single entity. In April, 70% of the entities present payments equal to or less than 27.99 days.
In addition, of the 147 entities that have submitted information, 107 meet the Average Payment Period in April, so that 72.79% have a PMP equal to or less than 30 days in that month.
If the entities with an excessive PMP (greater than 60 days), and which represent 10.20% of the entities that present information in the subsector, are not taken into account, the Average Payment Period stands at 23.02 days, slightly improving the March data.
Of the main cities, three towns in April have a PMP of more than 30 days, and one, included in the previous group, exceeds 60 days.
The PMP in the Social Security Funds
In the case of Social Security Funds, the PMP for April 2020 was 9.98 days. The indicator has decreased by 0.75 days compared to the previous month.
The ratio of operations paid has risen to 10.07 days, while the ratio of operations pending payment stood at 9.66 days.