Score of 94.8/100 qualifies for PaymentCheck Certification
| 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 2023 - 31 Dec 2023 | 22 Jan 2024 | 17 | 91% | 6% | 3% | 3% |
| 01 Jan 2023 - 30 Jun 2023 | 06 Jul 2023 | 17 | 91% | 4% | 3% | 2% |
| 01 Jul 2022 - 31 Dec 2022 | 04 Jan 2023 | 33 | 69% | 17% | 13% | 1% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 36 | 63% | 21% | 15% | 1% |
| 01 Jul 2021 - 31 Dec 2021 | 19 Jan 2022 | 32 | 69% | 18% | 11% | 2% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 34 | 66% | 19% | 13% | 2% |
| 01 Jan 2019 - 30 Jun 2019 | 05 Jul 2019 | 11 | 95% | 4% | 1% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 4 | 99% | 1% | 0% | 1% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
We pay all suppliers on 30 day payment terms unless agreed otherwise
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
30
The company pays suppliers as soon as possible and receive little or no complaints. If a supplier chases for payment this is investigated imediately and resolved.
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
CONDE NAST PUBLICATIONS LIMITED (THE) is a British media company that produces high-end publications in the fashion, lifestyle, and entertainment industries. Founded in 1909, the company has a long history of producing iconic and influential magazines such as Vogue, GQ, and Vanity Fair.
As a company, CONDE NAST focuses on sustainability and has implemented various initiatives to reduce its environmental impact. These include using sustainable paper and ink for its publications, minimizing waste in production processes, and promoting eco-friendly practices throughout its supply chain.
In terms of products and services, CONDE NAST offers a wide range of publications that cater to different interests and demographics. Its flagship magazine, Vogue, is known for its coverage of fashion and beauty, while GQ focuses on men's style and culture. Other notable publications include Wired, Architectural Digest, and The New Yorker.
The key people behind CONDE NAST include Anna Wintour, the artistic director and editor-in-chief of Vogue, who is known as one of the most influential figures in the fashion industry. Other notable executives include Roger Lynch, the CEO, and Jonathan Newhouse, the chairman and chief executive of Condé Nast International.
For more information on CONDE NAST and its publications, you can visit their website at www.condenast.com. The company's registered office address is located at One World Trade Center, New York, NY 10007, United States.