Payment Performance Trend : Business Definition

An element in the Credit eValuator Plus and SelfMonitor Reports that compares a company's dollar-weighted payment performance today to the company's payment performance three months ago. The Payment Performance Trend Arrow shows the payment trend (improving, steady or declining) of the business today to its payment trend three months ago and to an industry average. D&B Payment Index (or PAYDEX) is a dollar-weighted payment calculation on the number of days a business takes to pay based on the terms extended. Up to 875 payment experiences in the D&B trade file are used to dynamically calculate this score.