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India Posts Asia Pacific’s Largest Receivables Improvement, Aon Reports
Aon studied how quickly companies collect money from customers.
This time is called days receivable.
Indian companies collected their money eight days faster than the year before.
Their average collection time was 56 days.
Across Asia Pacific, the average was 79 days.
Faster collections can give companies more cash to use for daily operations or growth.
India’s engineering and construction industry improved the most, reducing its collection time by 28 days.
Other Indian industries, including chemicals, pharmaceuticals and information technology, also improved.
Aon said benchmarking these results can help financial managers find money tied up in unpaid bills.
Indian businesses cut average days receivable by eight days year-on-year to 56 days in 2025.
India recorded the largest working-capital improvement among the APAC markets analyzed by Aon.
The APAC average remained unchanged at 79 days, compared with 56 days in India.
India’s engineering and construction sector reduced days receivable by 28 days to 97 days.
The report analyzed audited data from 3,805 publicly listed companies across 14 markets and 21 industries.
- Who
- Aon plc analyzed publicly listed companies across Asia Pacific; Indian businesses recorded the largest improvement.
- What
- Indian companies reduced average days receivable by eight days to 56 days in 2025.
- Where
- Across Asia Pacific, with India compared with 13 other markets.
- When
- The findings are from Aon’s 2026 Working Capital Benchmarking Report and cover audited 2025 financial data.
- Why
- More effective receivables management may improve cash flow and give businesses greater financial flexibility while financing costs remain elevated.
Key facts
- Report
- Aon’s 2026 Working Capital Benchmarking Report
- Companies analyzed
- 3,805 publicly listed companies
- Markets and industries
- 14 APAC markets and 21 industries
- India’s average days receivable
- 56 days in 2025, down eight days year-on-year
- APAC average
- 79 days in 2025, unchanged from the previous year
- Fastest Indian industry improvement
- Engineering and construction reduced days receivable by 28 days, from 125 to 97
- Other Indian improvements
- Chemicals fell by 24 days; construction materials and pharmaceuticals by 13 days each; electrical products by 11 days; and information technology by nine days
Quotes
Sushant Sarin
Managing Director and Head of Commercial Risk Solutions, India, at Aon
“For CFOs and treasurers, benchmarking receivables performance against industry peers can identify where capital is tied up and inform decisions that strengthen financial flexibility and resilience.”
deccanchronicle.com
“India’s progress shows the opportunity for businesses to release more cash from their operations and put it toward growth.”
deccanchronicle.com










