If your program accrues royalties, there is at least a 6-18 month delay before the royalties are available for distribution.
Australian and New Zealand royalties are administered on an Australian financial year basis (July to June). Records of copying, communication and retransmission during that period are collated, audited and researched prior to the commencement of distribution in December of that year.
Royalties from other territories are paid to Members upon receipt from the international collection societies. The delay between when the royalties are earned and paid is therefore dependent on the payment schedule of each international collecting society.