Time between rounds by quarter and stage, 2019 to 2023 Slowest decile Early stage Median 35 Fastest decile 30 25 s20 h t n o M 15 10 5 0 9 9 9 9 0 0 0 0 1 1 1 1 2 2 2 2 3 3 1 1 1 1 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 1 2 3 4 1 2 3 4 1 1 Q Q Q Q Q1 2 3 4 Q Q Q Q Q 2 3 4 Q Q2 Q3 Q Q Q Q Q Q Slowest decile Growth stage Median 70 Fastest decile 60 50 s40 h t n o M30 20 10 0 9 9 9 9 0 0 0 0 1 1 1 1 2 2 2 2 3 3 3 1 1 1 1 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 1 2 3 4 1 2 3 1 Q Q Q Q Q1 2 3 4 Q Q Q Q4 Q1 2 3 4 Q Q2 Q3 Q Q Q Q Q Q Notes: Data is as of 30 September 2023. Sources: | 82

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