Market Monitor ICT Australia 2018

Market Monitor

  • Australie
  • Electronique

12 juin 2018

Payment experience over the past two years has been good in the ICT sector and the level of insolvencies is low, with no major change expected in 2018.

  • The Australian ICT market is forecast to grow further in 2018 and 2019, with both state and federal governments remaining key investors in IT projects, accompanied by business and consumers ICT spending which is driven by economic growth and technological progress.
  • The market is highly competitive in the distribution, retail and system integrators segments. However, in general, ICT is a profitable segment with steady margins. Across subsectors ICT retail margins are lower compared to margins earned by value added system integrators.
  • Many ICT businesses are highly leveraged, either via debtor financing for working capital management or through term loans. Banks are quite open and willing to offer loans to the industry. It is important for ICT business to have healthy cash flow as a lot of companies earn extra margin by the early settlement of invoices, and therefore having working capital funding in place is quite important.
  • Payments in the ICT sector generally take between 30 days and 60 days from invoice date or between 30 days and 45 days end of month (EOM). Payment experience over the past two years has been good so far and the level of insolvencies is low, with no major change expected in 2018.
  • Our underwriting stance remains generally open for all ICT subsectors. The IT producers and service segment generally performs well with profitable businesses, and many companies in the telecommunication segment are financially strong. In contrast, we are more cautious with ICT retailers, as this subsector accounts for most credit insurance claims in the industry.
  • For higher coverage we usually refer to Personal Property Security Register or other risk mitigating measures, including Directors Guarantee if needed.

 

 

 

 

Documents connexes

Avertissement

Les informations figurant sur ce site sont uniquement fournies à titre indicatif et ne doivent pas être utilisées à d’autres fins que celles mentionnées. Nous vous remercions de bien vouloir vous reporter aux réglementations et accords en vigueur. Aucune information ne peut être considérée comme créant un droit, une obligation ou engageant la responsabilité d’Atradius y compris pour juger de la moralité d’un ou de plusieurs acheteurs. Si Atradius juge de la moralité d’un acheteur, elle le fait pour le compte de son arbitrage et en aucun cas au bénéfice de ses assurés ou toute autre personne. En aucun cas, Atradius, ses partenaires ou sociétés apparentées, agents ou employés, ne pourront être tenus responsables envers les lecteurs ou toute autre personne pour toute décision ou mesure prise sur la foi des informations contenues dans ces pages, ou pour tous dommages indirects, particuliers ou similaires, même si ces personnes ont été avisées de l’éventualité de tels préjudices.