| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 51 | 21% | 35% | 44% | 9% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 51 | 18% | 39% | 43% | 12% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 51 | 18% | 37% | 45% | 18% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jan 2024 | 51 | 18% | 27% | 55% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 19 Jan 2023 | 50 | 20% | 31% | 49% | 20% |
| 01 Jan 2022 - 30 Jun 2022 | 22 Aug 2022 | 54 | 14% | 30% | 56% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 22 Aug 2022 | 48 | 23% | 30% | 47% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 04 Aug 2021 | 60 | 12% | 19% | 69% | 26% |
| 01 Jul 2020 - 31 Dec 2020 | 22 Jun 2021 | 66 | 17% | 33% | 50% | 31% |
| 01 Jan 2020 - 30 Jun 2020 | 09 Dec 2020 | 52 | 21% | 38% | 41% | 42% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard terms are 60 days from the date of invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Kodak Ltd receives invoices electronically via the Basware Platform. Suppliers can check that their invoices have been received successfully. Invoice disputes are raised from the platform to give suppliers visibility of any invoice enquires from Kodak. For suppliers the primary contact for invoice queries is Accounts Payable, Accounts Payable can be contacted via email to an address that is provided to all suppliers on the Purchase Order. If Accounts Payable cannot provide a resolution to the dispute an internal escalation will be made to the manager of Purchase to Pay Operations and the Commodity Manager responsible for the supplier relationship.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
KODAK LIMITED, a subsidiary of the Eastman Kodak Company, is a multinational technology and imaging company with a strong focus on sustainability. The company offers a wide range of products and services including traditional photographic film, digital cameras, printers, and printing supplies.
One of the key initiatives of KODAK LIMITED is its sustainability program, which aims to minimize the company's environmental impact and promote sustainable practices in all aspects of its operations. This includes reducing carbon emissions, conserving energy and water, and promoting recycling and responsible waste management.
The company's sustainability efforts have been recognized by various organizations, including being listed on the Dow Jones Sustainability World Index and being awarded the Responsible Business Award for "Best Environmental Initiative" by the UK Chamber of Commerce.
KODAK LIMITED is led by Chairman and CEO, Jeff Clarke, who has been with the company since 2014. The company's registered office address is located in Hemel Hempstead, Hertfordshire, and their website is www.kodak.com.
In addition to its sustainability efforts, KODAK LIMITED is also known for its innovative products and services. They continue to develop new technologies and products, such as the KODAK FLEXCEL NX System, which offers high-quality, environmentally-friendly printing solutions.
Overall, KODAK LIMITED is committed to sustainability, innovation, and providing high-quality products and services to its customers.