The Average Period of Payment to Suppliers (PMP) of the Autonomous Communities has been reduced by 0.96 days, 2.36% less, in the month of November compared to the previous month, reaching 39.75 days.
The PMP data of the Central Administration has been encrypted in November at 26.53 days, which represents an increase of 0.95 days compared to October.
The Local Entities have a payment term to suppliers of 66.06 days in November, which implies a decrease of 1.28 days with respect to the previous month. However, 74.83% of the entities present in that month a PMP equal to or less than 30 days.
Finally, the PMP registered in the Social Security Funds has been 11.48 days, which represents an increase of 0.28 days in relation to October.
Central Administration Data
The PMP of the Central Administration has been encrypted in 26.53 days in November. This constitutes an increase of 0.95 days in relation to the previous month.
The ratio of paid transactions has been 24.36 days, while the ratio of outstanding transactions has reached 30.17 days.
PMP of the Autonomous Communities
In the Autonomous Communities, the Average Period of Payment to Suppliers is estimated at 39.75 days in November, 0.96 days less than in October.
Regarding its composition, the ratio of operations paid is 28.93 days, and that of operations pending payment is 49.02 days.
That means, with respect to the previous month, that the ratio of paid transactions decreases by 6.59 days and the ratio of outstanding transactions is increased by 2.52 days.
Debt of the Autonomous Communities
The amount of the commercial debt of the Autonomous Communities amounts to 5,090.85 million euros, equivalent to 0.41% of the national GDP.
In relation to the evolution of the November commercial debt, according to the usual seasonal behavior that is usually reproduced in that month, an increase of 8.21%, equivalent to 386.36 million euros, has been recorded.
Data of Local Corporations
The transfer entities present an Average Payment Period to Suppliers of 66.06 days, which means, compared to October 2019, a decrease of 1.28 days, so it continues with the accumulated decrease.
The ratio of unpaid transactions continues to show recovery, improving the overall data.
It should be taken into account that the average data of the subsector is calculated according to the same methodology established for each local corporation at the individual level, that is, that 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 with suppliers.
If this method is not used, the simple average of the individual PMPs shows a figure of 34.11 days, far from the 66.06 days resulting from applying the methodology as if the subsector were a single entity.
In addition, of the 146 entities that have submitted information, 108 comply with the Average Payment Period in November, so that 74.83% present in that month a PMP equal to or less than 30 days.
If entities with an excessive PMP (greater than 60 days), and representing 8.84% of the entities that present information from the subsector, are not taken into account, the Average Payment Period is 22.41 days, improving, again, the October data in almost two days.
Of the main cities, there are five with a PMP greater than 30 days, compared to the seven registered in October, while a city included in the previous group exceeds 60 days, although it continues to reduce the overall data.
The PMP in the Social Security Funds
In the case of Social Security Funds, the November PMP has been set at 11.48 days. Comparing the results with those of the previous month, the Average Period of Payment to Suppliers has increased by 0.28 days.
The ratio of paid transactions has risen to 11.19 days, while the ratio of outstanding transactions has been 12.58 days.
