Business

The Cash Impact of Offering 2% 10 Net 60 Terms in Distribution

On the surface, 2% 10 Net 60 sounds like a smart compromise. Offer customers a 2% discount if they pay within 10 days; otherwise, full payment is due in 60. It signals flexibility. It encourages faster payment. It feels commercially competitive.

In distribution, especially in trade-heavy environments, these terms are common. Large retailers expect them. Smaller resellers often request them. Sales teams see them as a lever to close deals.

What is less frequently analysed is the actual cash impact.

When margins are tight and inventory turnover matters, 2% 10 Net 60 can either improve liquidity or quietly erode it. The difference lies in how it is managed.

Understanding the True Cost of the 2% Discount

A 2% discount for payment 50 days earlier is not trivial. When you annualise it, the implied cost of capital is significant.

Consider the maths. A customer who takes 2% to pay 50 days earlier is effectively receiving a very high annualised return on that decision. From your side, you are effectively paying that rate to accelerate cash.

In a distribution business with thin margins, losing 2% of revenue can materially affect gross profit. If your average margin is 15% and you give up 2%, that is more than 13% of your margin gone.

The decision should be deliberate, not automatic.

Analyse Actual Uptake Rates

One of the first questions to ask is how many customers actually take the discount.

In practice, businesses often find:

  • Some customers take the 2% and pay within 10 days
  • Some ignore the discount and still pay around 60 days
  • Some miss both the discount window and the Net 60 due date

If only a small percentage of customers take the early payment discount, you may not be achieving the intended cash acceleration benefit.

Review:

  • Percentage of invoices paid within 10 days
  • Percentage paid between day 11 and day 60
  • Percentage paid after 60 days

Without this breakdown, you cannot assess whether the trade-off is working.

Model the Working Capital Effect

Let’s take a simplified example. A distributor generates $5 million in monthly sales under 2% 10 Net 60 terms.

If 40% of customers take the discount and pay on day 10, you receive $2 million earlier than you otherwise would. That can materially improve liquidity.

However, you also sacrifice $40,000 in margin on that $2 million.

If funding costs are high and working capital is tight, that trade-off may make sense. If you have strong cash reserves and low borrowing costs, the discount may not be justified.

The key is comparing:

  • Cost of the discount
  • Cost of funding receivables externally
  • Cash flow volatility risk

This is a finance decision, not purely a sales tactic.

Watch for Term Drift Beyond 60 Days

The greater risk is not the 2% discount itself. It is what happens at day 61.

Some customers who ignore the early payment incentive also ignore the Net 60 deadline. If follow-up is inconsistent, 60-day terms quietly become 75 or 90 in practice.

At that point, you are financing inventory for three months while still offering a discount to early payers.

Strong distribution businesses track:

  • Average payment days for customers who do not take the discount
  • Frequency of payments beyond 60 days
  • Concentration of overdue balances among large accounts

When Net 60 becomes Net 75 in reality, cash pressure increases rapidly.

Segment Customers Before Offering 2% Terms

Not all customers should receive identical terms.

Consider segmenting by:

  • Payment history
  • Order volume
  • Credit risk profile
  • Margin contribution

Reliable customers with strong payment behaviour may not require an incentive. Habitually late payers may not respond to one.

Extending 2% 10 Net 60 across the entire customer base can be unnecessarily expensive.

Align Inventory Cycles With Payment Terms

In distribution, inventory turnover is critical. If suppliers require payment in 30 days but customers pay in 60, even with early payment discounts, your business funds the gap.

Review:

  • Supplier payment terms
  • Inventory turnover days
  • Average customer payment timing

If inventory turns in 45 days and customers pay in 60, you have a built-in working capital deficit.

Adjusting supplier negotiations or tightening credit control may have more impact than adjusting discount structures.

Strengthen Follow-Up Discipline

Discount terms only work if customers believe you are serious about the Net 60 deadline.

Implement:

  • Clear communication of discount windows on invoices
  • Automated reminders before day 10
  • Firm reminders at day 60
  • Escalation protocols beyond day 60

Some distributors adopt an account receivable automation platform to enforce reminder cadence and monitor uptake patterns. The objective is not aggressive collection, but consistency. When customers see predictable behaviour, payment discipline improves.

Evaluate Margin Sensitivity

Distribution margins vary by product category. Offering a blanket 2% discount across all SKUs may not make sense.

Analyse:

  • Margin by product category
  • Discount impact on high- versus low-margin items
  • Customer buying patterns by category

In some cases, early payment incentives may be justified only for high-exposure, lower-risk categories.

Conclusion

Offering 2% 10 Net 60 terms in distribution is not inherently good or bad. It is a financial lever that requires measurement and discipline. The discount has a real cost. The payment window has real working capital implications.

If customers take the discount and pay reliably, cash flow may improve. If term drift sets in or uptake is low, margin erodes without meaningful liquidity gain.

Careful modelling, segmentation, and consistent follow-up are essential. Whether supported by internal processes or an accounts receivable automation platform, the goal remains clear: align payment behaviour with inventory cycles and protect margin while safeguarding cash.

Terms should serve your balance sheet, not quietly weaken it.

Admin Team

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