| 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 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 47 | 20% | 63% | 17% | 5% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 45 | 22% | 62% | 16% | 5% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 46 | 21% | 63% | 16% | 5% |
| 01 Jul 2023 - 31 Dec 2023 | 29 Jan 2024 | 47 | 21% | 64% | 15% | 5% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 47 | 21% | 64% | 15% | 6% |
| 01 Jul 2022 - 31 Dec 2022 | 31 Jan 2023 | 47 | 22% | 65% | 13% | 7% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 45 | 23% | 66% | 11% | 7% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 43 | 24% | 67% | 9% | 5% |
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | 44 | 24% | 67% | 9% | 5% |
| 01 Jul 2020 - 31 Dec 2020 | 20 Jan 2021 | 43 | 25% | 67% | 8% | 3% |
| 01 Jan 2020 - 30 Jun 2020 | 23 Jul 2020 | 43 | 26% | 66% | 8% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | 43 | 26% | 65% | 9% | 4% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 44 | 25% | 65% | 10% | 5% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 44 | 24% | 65% | 11% | 5% |
| 01 Jan 2018 - 30 Jun 2018 | 17 Jul 2018 | 44 | 23% | 67% | 10% | 5% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
ASDA’s standard payment terms for all of its small suppliers are 6 days (where ASDA pays each correct invoice on our next weekly payment run following 6 days from date of receipt of the invoice) that currently applies to approximately 1,500 active suppliers. For other suppliers, ASDA’s standard contractual payment terms state that ASDA will pay each correct invoice on its next weekly payment run following 60 days (for domestic suppliers), 90 days (for non-food import suppliers) or 120 days (for GNFR suppliers) from receipt of the invoice. ASDA makes a Supply Chain Finance solution and a C2FO (dynamic discounting) early payment platforms available to its suppliers subject to capacity restrictions. These solutions allow suppliers to receive payments earlier than their standard terms. In certain specific circumstances, ASDA may agree to shorter payment terms with its suppliers as part of an overall commercial agreement.
Were there any changes to the standard payment terms in the reporting period?
Goods Not For Resale (GNFR) standard payment terms are now 120 days (where ASDA pays each correct invoice on our next weekly payment run following 120 days from date of receipt of the invoice)
Any other information about payment terms
Within ASDA’s standard contractual terms, ASDA may set off monies payable to a supplier by ASDA against any monies owed to ASDA from the same supplier. We continue to offer our early payment options including Supply Chain Finance and our C2FO platform subject to capacity restrictions. Where price discrepancies are identified, ASDA will always pay the supplier in full based on the most recently agreed cost price and will work hard to ensure that any outstanding sums are resolved as soon as possible through its rigorous query resolution process.
Maximum contractual payment period agreed
120
If an ASDA supplier raises a query in respect of an outstanding invoice, payment or deduction, in the first instance it is handled by the Accounts Payable team through a clear query process, which works on a 7 working day SLA from receipt of all relevant supporting documentation. If necessary, the Accounts Payable team will refer to other business areas within ASDA (for example stores, depots or merchants) to resolve the enquiry. If the matter remains unresolved within the target turnaround time, it may be escalated to senior leadership.
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
Asda Stores Limited is the registered operating company behind the Asda supermarket chain, originally incorporated in 1949 as Associated Dairies Limited. Its registered SIC code covers other retail sale in non-specialised stores, reflecting its supermarket and general merchandise retailing, spanning groceries, fresh food, clothing and household goods sold through physical stores and online. It holds numerous leasehold and freehold property titles across England and Wales used for its store network. The company sits within the wider Asda corporate group, controlled by Asda Group Limited, alongside related subsidiaries covering delivery, storage and sourcing. It is registered in Leeds and remains an active private limited company.
Generated from the company's website and Companies House records. Sources: find-and-update.company-information.service.gov.uk · companiesintheuk.co.uk