| 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 | 02 Feb 2026 | 29 | 93% | 3% | 4% | 10% |
| 01 Jan 2025 - 30 Jun 2025 | 25 Aug 2025 | 36 | 7% | 90% | 3% | 12% |
| 01 Jul 2024 - 31 Dec 2024 | 27 Jan 2025 | 29 | 5% | 94% | 1% | 7% |
| 01 Jan 2024 - 30 Jun 2024 | 22 Jul 2024 | 26 | 1% | 98% | 1% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 23 Jan 2024 | 28 | 2% | 96% | 2% | 7% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 27 | 97% | 1% | 2% | 6% |
| 01 Apr 2022 - 31 Dec 2022 | 25 Jan 2023 | 27 | 98% | 1% | 1% | 4% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are Net 30 meaning payment is due 30 days from invoice date
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
In cases where an invoice is being disputed, Account Payable will contact the end user or recipient of the goods/service to establish exactly what was received to date and if there were any returns, discrepancies, damages, etc. All available documentation is gathered for comparison including invoice copies, packing slips, sales orders/PO quotes, proof of delivery, and/or supplier contracts, as available to identify the nature of the dispute (price/quantity discrepancy, date of service, material rejection, and unsatisfactory service/product). Barring any instance where legal, trade compliance, or ethics needs to be included, Accounts Payable will work with the supplier and the end user to establish any corrections, credit memos, or new documentation required to process payment to the supplier. If no payment will be made due to product failure, returns, or unsatisfactory services provided, the appropriate procurement team will work with all parties to come up with an amicable resolution.
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
Texas Instruments Limited is the UK-registered entity of Texas Instruments, a global semiconductor group headquartered in Dallas, Texas. The wider group designs, manufactures and sells analogue and embedded processing semiconductors, offering over 80,000 products used in automotive, industrial, data centre and personal electronics systems. Its UK company record lists a nature of business of manufacturing electronic components. The group traces its origins to 1930 and has developed technologies including the integrated circuit and single-chip microcontrollers. As part of this multinational group, the UK entity operates within Texas Instruments' worldwide manufacturing, sales and support network rather than as an independent standalone business.
Generated from the company's website and Companies House records. Sources: ti.com · ti.com