Ranked in 2 industries
This company is listed under more than one industry, so we show its position in each rather than picking one.
| 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 Dec 2024 - 31 May 2025 | 18 Jun 2025 | 40 | 18% | 81% | 1% | 9% |
| 01 Jun 2024 - 30 Nov 2024 | 17 Dec 2024 | 34 | 26% | 73% | 1% | 0% |
| 01 Dec 2023 - 31 May 2024 | 21 Jun 2024 | 37 | 18% | 80% | 2% | 2% |
| 01 Jul 2023 - 30 Nov 2023 | 18 Dec 2023 | 39 | 22% | 77% | 1% | 1% |
| 01 Dec 2022 - 31 May 2023 | 22 Jun 2023 | 39 | 17% | 82% | 1% | 0% |
| 01 Jun 2022 - 30 Nov 2022 | 12 Dec 2022 | 38 | 21% | 78% | 1% | 0% |
| 01 Dec 2021 - 31 May 2022 | 24 Jun 2022 | 40 | 14% | 84% | 2% | 0% |
| 01 Jun 2021 - 30 Nov 2021 | 20 Dec 2021 | 35 | 26% | 73% | 1% | 0% |
| 01 Dec 2020 - 31 May 2021 | 25 Jun 2021 | 43 | 24% | 71% | 5% | 0% |
| 01 Jun 2020 - 30 Nov 2020 | 18 Dec 2020 | 55 | 13% | 67% | 20% | 0% |
| 01 Dec 2019 - 31 May 2020 | 29 Jun 2020 | 53 | 8% | 87% | 5% | 2% |
| 01 Jun 2019 - 30 Nov 2019 | 23 Dec 2019 | 55 | 24% | 43% | 33% | 0% |
| 01 Dec 2018 - 31 May 2019 | 28 Jun 2019 | 62 | 18% | 19% | 63% | 2% |
| 01 Jun 2018 - 30 Nov 2018 | 19 Dec 2018 | 59 | 19% | 35% | 46% | 1% |
| 01 Dec 2017 - 31 May 2018 | 27 Jun 2018 | 60 | 16% | 38% | 46% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
• Qualifying contracts with entities: 60 days or the next payment run thereafter • No payment terms in majority of qualifying contracts with individuals • Purchase Order terms and conditions: the later of 60 calendar days and the next processing run immediately thereafter
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
Pfizer offers suppliers the opportunity to check the current status of their invoices through an accounts payable portal. Suppliers can view when their invoice is due for payment on this portal. The tool is offered free of charge. In case a supplier needs to contact Pfizer accounts payable department, an email address is available on every purchase order the supplier receives. Pfizer accounts payable department aims to resolve issues as promptly as possible, on average between 3 to 5 working days.
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
Pfizer Limited is a UK-registered entity within the global Pfizer group, based at Sandwich, Kent, and incorporated in 1953. Companies House records its activities as wholesale of pharmaceutical goods and research and experimental development in natural sciences and engineering, reflecting its role in supporting the group's UK operations. The wider Pfizer group, whose parent describes itself as one of the world's premier biopharmaceutical companies, researches, develops and manufactures medicines and vaccines across areas including oncology, vaccines, inflammation and internal medicine, supplying products through global manufacturing and supply networks. Pfizer Limited functions as part of this international structure, contributing to the distribution and research activities carried out under the Pfizer name in the UK, rather than operating as an independent standalone business.
Generated from the company's website and Companies House records. Sources: pfizer.com