"The FSA WG has produced the News release Customer and supplier payments periods and financial distress; This note presents the results gathered by six of the FSA-WG participating countries that could collect data related to the failure of corporations: Belgium, France, Italy, Portugal, Spain and Turkey, in an ad hoc analysis by using individual data, testing the differences between failing and non-failing corporations days sales outstanding (DSO) and days payables outstanding (DPO), which had the purpose of answering the question if the customer and supplier payment periods were related with corporations’ financial distress.”

Link to the FSA WG publication section