As of the end of June, the average collection period of accounts receivable in the machinery industry was 105.3 days.

date
04/08/2025
On August 4th, Luo Junjie, Vice President and spokesperson of the China Machinery Industry Federation, stated at a press conference on the economic situation of the machinery industry in the first half of 2025 that as of the end of June, the total amount of accounts receivable in the machinery industry reached 9.3 trillion yuan, a year-on-year increase of 9.4%, accounting for 35% of the total industrial accounts receivable in the country. The average collection period of accounts receivable was 105.3 days, 35.5 days longer than the national average for the industry. By industry, the growth rate of accounts receivable in industries such as internal combustion engines, robots, and intelligent manufacturing exceeded the average growth rate of the machinery industry.