Balearic firms pay 18.8 days late, hospitality worst
Mallorca and the rest of Spain’s Balearic Islands: firms pay an average of 18.8 days after the agreed deadline in the third quarter of 2026. Hospitality has the longest delay in the study’s sector breakdown, at 23.9 days. The figures come from a study by a subsidiary of Cesce.
The islands’ average delay is two days shorter than in the previous quarter, but still 4.6 days longer than Spain’s average of 14.2 days. Between July and September, 40.7% of payments arrive on time. Another 46.6% are up to 30 days late, while 3.9% are more than 120 days late.
Hospitality waits longest
After hospitality, the study records average delays of 22.9 days in administration and 18.8 days in energy. Industry has one of the shortest delays, at 10.3 days — 13.6 days less than hospitality.
Company size tells a different story
Microbusinesses make 46% of payments on time, compared with just 14% for large companies. Yet microbusinesses have the longest average delay by company size, at 16.8 days. Large companies average 14 days, while small businesses record the shortest delay, at 11.9 days.
Source: Europa Press / Mallorca.com