The Average Period of Payment to Suppliers (PMP) of the Autonomous Communities has been reduced by 4.17 days, 9.47% less, in the month of February in relation to the previous month, reaching 39.85 days.
The data of the PMP of the Central Administration has been calculated in February at 35.10 days, which represents an increase of 0.24 days in relation to January.
Local entities have a payment term to suppliers of 87.71 days in February, which represents an increase of 14.51 days compared to January 2020. However, 60% of the entities present payments equal to and less than 31.90 days.
Finally, the PMP registered in the Social Security Funds stood at 11.56 days, which represents a decrease of 2.75 days in relation to January.
Central Administration Data
The PMP of the Central Administration has been set at 35.10 days in February. This result, compared to the previous month, represents an increase of 0.24 days.
The ratio of operations paid has stood at 33.56 days, while the ratio of operations pending payment has reached 36.83 days.
PMP of the Autonomous Communities
In the Autonomous Communities, the Average Period of Payment to Suppliers is estimated at 39.85 days in February, 4.17 days less than in January.
Regarding its composition, the ratio of operations paid stands at 38.92 days and that of operations pending payment at 40.86 days.
This means, with respect to the previous month, that the ratio of operations pending payment decreases by 4.52 days in the case of paid operations, and decreases in 3.77 days.
Debt of the Autonomous Communities
The amount of the commercial debt of the Autonomous Communities amounts to 4,429.94 million euros, equivalent to 0.34% of the national GDP.
In relation to the evolution of commercial debt in January, it represents a decrease of 480.34 million, 9.78% less than in the previous month.
Local Corporations Data
The assignment entities present an Average Payment Period to Suppliers of 87.71 days, which represents, compared to January 2020, an increase of 14.51 days.
This accumulated increase in January and February is explained by a slowdown in payments, probably linked to the liquidation phase of the 2019 budget and the opening of the 2020 budget.
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 41.83 days, very far from the 87.71 days resulting from applying the methodology as if the subsector were a single entity. In February, where the PMP rises the most, 60% of the entities present payments equal to and less than 31.90 days.
In addition, of the 145 entities that have submitted information, 83 meet the Average Payment Period in January, so that 57.24% have a PMP equal to or less than 30 days in that month.
If entities with an excessive PMP (greater than 60 days), and which represent 9.6% of the entities that present information in the subsector, are not taken into account, the Average Payment Period stands at 26.43 days, worsening, the January figure in 0.63 days.
Of the main cities, five cities in February 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 February stood at 11.56 days. Comparing the results with those of the previous month, the Average Supplier Payment Period has decreased by 2.75 days.
The ratio of operations paid has risen to 10.72 days; for its part, the ratio of operations pending payment was 14.56 days.