Ranked in 3 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
The average time to pay for CHANEL LIMITED has been increasing gradually from 2018 to 2023, with a slight dip in 2020. The percentage of invoices paid within 30 days has been decreasing over the years, while the percentage of invoices paid later than 60 days has been increasing. The company has also shown volatility in their payment behavior, with fluctuations in the percentages of invoices paid within 30 days and later than 60 days.
CHANEL LIMITED has shown volatility in their payment behavior, with fluctuations in the percentages of invoices paid within 30 days and later than 60 days. The highest volatility was seen in the percentage of invoices paid later than 60 days, with a difference of 22 percentage points between the best and worst periods.
From 2018 to 2023, CHANEL LIMITED has seen a gradual increase in their average time to pay invoices. The company has also shown a decrease in the percentage of invoices paid within 30 days and an increase in the percentage of invoices paid later than 60 days. However, there has been a slight improvement in the last period, with an increase in the percentage of invoices paid within 30 days and a decrease in the percentage of invoices paid later than 60 days. The company's best period was seen in 2018, with 82% of invoices paid within 30 days, while their worst period was in 2022, with only 24% of invoices paid within 30 days.
| 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 2025 - 31 Dec 2025 | 27 Jan 2026 | 33 | 71% | 24% | 5% | 10% |
| 01 Jan 2025 - 30 Jun 2025 | 29 Sept 2025 | 26 | 75% | 20% | 5% | 8% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Sept 2025 | 32 | 66% | 24% | 10% | 21% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Sept 2025 | 44 | 54% | 33% | 13% | 36% |
| 01 Jul 2023 - 31 Dec 2023 | 01 May 2024 | 40 | 35% | 41% | 24% | 4% |
| 01 Jan 2023 - 30 Jun 2023 | 12 Sept 2023 | 37 | 40% | 42% | 17% | 4% |
| 01 Jul 2022 - 31 Dec 2022 | 27 Apr 2023 | 40 | 34% | 45% | 21% | 4% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 46 | 24% | 49% | 27% | 12% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 44 | 28% | 49% | 23% | 9% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 47 | 22% | 52% | 26% | 9% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 34 | 48% | 43% | 9% | 7% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 46 | 26% | 45% | 29% | 8% |
| 01 Jul 2019 - 31 Dec 2019 | 31 Jan 2020 | 47 | 24% | 46% | 31% | 9% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 46 | 27% | 44% | 30% | 37% |
| 01 Jul 2018 - 31 Dec 2018 | 31 Jan 2019 | 40 | 40% | 34% | 26% | 35% |
| 01 Jan 2018 - 30 Jun 2018 | 20 Dec 2018 | 19 | 82% | 14% | 4% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
7 days to 90 days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
All payment disputes or complaints will be initially dealt with by the Accounts Payable department, who can be contacted by emailing purchase.ledger @chanel.com Complaints are usually followed up within 5 working days and are escalated as appropriate.
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
Chanel Limited is a UK-registered company incorporated in 1925. According to Companies House records, its business activities include the wholesale of clothing and footwear, wholesale of perfume and cosmetics, wholesale of watches and jewellery, and retail sale of clothing in specialised stores. The company operates within the luxury fashion and beauty sector, selling apparel, fragrance, cosmetics and jewellery items through both wholesale and retail channels. No further descriptive material about its specific UK operations, trading name or product ranges was available in the evidence supplied, so this summary is based solely on the official nature-of-business classification held on the company record.
Generated from the company's website and Companies House records.