48.5%of New Zealand small businesses were cash flow positive in October 2018
-5.49p.p.Month on month
1.50p.p.Year on year
Percentage of New Zealand small businesses that are cash flow positive
In the past year, on average 50.86% percent of New Zealand small businesses were cash flow positive in any given month with March 2018 reaching the highest level at 56.5% percent.
9.7days late on average across all New Zealand small business invoices paid in October 2018
21.14%Month on month
7.86%Year on year
Average number of days late for a New Zealand small business invoice to be paid
The average delay for these payments throughout the year was 9.2 days, with January 2018 being the worst month for late payments across all payment periods except 30 day invoices.
2.9%change in the number of New Zealand small business employees from September 2018 to October 2018
0.46p.p.Year on year
Percentage change in number of small business employees
October 2018 was the highest employment growth month at 2.9 percent while the worst month for employment growth was January 2018.
-3.2%change in the total dollar value of imports and exports for New Zealand small businesses from September 2018 to October 2018
-10.01p.p.Year on year
Percentage movement in the total dollar value of imports vs exports
Both import spend and export spend saw the highest activity in March 2018, with a considerable decrease in month on month percentage change in April 2018 which continued into May 2018.
24.9%growth in New Zealand subscribers on Xero in the year through 30 September 2018
A breakdown of the top 5 industries adopting Xero
The rental hiring and real estate services adopted Xero more than any other sector in the year through 30 September 2018.