The following table shows the period overdue of trade receivables invoiced over the last two financial years:
| (in millions of euros) | 2023 | 2022 |
|---|---|---|
| Amounts not yet due | Amounts not yet due 2023 10,054 |
Amounts not yet due 2022 8,750 |
| Overdue receivables: | Overdue receivables: 2023 not-included |
Overdue receivables: 2022 not-included |
| Up to 30 days | Up to 30 days 2023 248 |
Up to 30 days 2022 282 |
| 31 to 60 days | 31 to 60 days 2023 83 |
31 to 60 days 2022 103 |
| 61 to 90 days | 61 to 90 days 2023 31 |
61 to 90 days 2022 33 |
| 91 to 120 days | 91 to 120 days 2023 22 |
91 to 120 days 2022 23 |
| More than 120 days | More than 120 days 2023 170 |
More than 120 days 2022 169 |
| Total overdue receivables | Total overdue receivables 2023 554 |
Total overdue receivables 2022 610 |
| Invoiced trade receivables | Invoiced trade receivables 2023 10,608 |
Invoiced trade receivables 2022 9,360 |
| Impairment | Impairment 2023 (185) |
Impairment 2022 (183) |
| Invoiced trade receivables net | Invoiced trade receivables net 2023 10,423 |
Invoiced trade receivables net 2022 9,177 |
| (% of revenue) | 2023 | 2022 |
|---|---|---|
| Five largest clients | Five largest clients 2023 12% |
Five largest clients 2022 12% |
| Ten largest clients | Ten largest clients 2023 20% |
Ten largest clients 2022 21% |
| Twenty largest clients | Twenty largest clients 2023 31% |
Twenty largest clients 2022 30% |
| Thirty largest clients | Thirty largest clients 2023 37% |
Thirty largest clients 2022 36% |
| Fifty largest clients | Fifty largest clients 2023 45% |
Fifty largest clients 2022 44% |
| One hundred largest clients | One hundred largest clients 2023 58% |
One hundred largest clients 2022 57% |
Publicis has established a group‑wide policy for selecting authorized banks as counterparties for all its subsidiaries. This policy requires that deposits be made in authorized banks and that in general all banking services be provided exclusively by these banks. The list of authorized banks is reviewed periodically by the Group Treasury Department.
Exceptions to this policy are handled centrally for the entire Group by the Treasury Office.
Additionally, studies are carried out in order to ensure that almost all cash and cash equivalents are deposited in authorized banks.
