Industry ranking
| 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 | 22 Apr 2026 | 23 | 30% | 66% | 4% | 0% |
| 01 Jan 2025 - 30 Jun 2025 | 28 Jul 2025 | 23 | 42% | 56% | 2% | 0% |
| 01 Jul 2024 - 31 Dec 2024 | 15 Jan 2025 | 31 | 37% | 60% | 3% | 0% |
| 01 Jan 2024 - 30 Jun 2024 | 08 Jul 2024 | 31 | 35% | 62% | 3% | 0% |
| 01 Jul 2023 - 31 Dec 2023 | 07 Mar 2024 | 35 | 33% | 63% | 3% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 24 Jul 2023 | 25 | 30% | 67% | 3% | 0% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 27 | 31% | 66% | 3% | 0% |
| 01 Jul 2021 - 31 Dec 2021 | 03 Feb 2022 | 32 | 33% | 64% | 3% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 21 Jul 2021 | 31 | 32% | 66% | 3% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 19 Jan 2021 | 29 | 29% | 69% | 2% | 0% |
| 01 Jan 2020 - 30 Jun 2020 | 19 Aug 2020 | 33 | 34% | 63% | 3% | 2% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 20 | 46% | 50% | 4% | 3% |
| 01 Jan 2019 - 30 Jun 2019 | 15 Jul 2019 | 29 | 48% | 48% | 4% | 3% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Jan 2019 | 27 | 45% | 52% | 3% | 3% |
| 01 Jan 2018 - 30 Jun 2018 | 10 Aug 2018 | 32 | 44% | 53% | 3% | 3% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
BASF plc's standard supplier terms are to pay supplier invoices within 60 days of the invoice date, assuming that the goods or services have been delivered in accordance with the purchase order. However, payment terms may be negotiated depending on the commercial situation on a case by case basis. BASF plc makes regular payment runs.
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
380
BASF plc's procurement activities include nearly everything that’s needed for the BASF products: raw materials, technical goods and services, as well as logistic solutions. We collaborate with competitive suppliers who add value for BASF and our customers. KPI's to respond to queries within 3 days. BASF plc provides access to its Vendor interactive portal to track orders and view remittance information.
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
BASF Public Limited Company is the UK entity of the BASF group, registered in Stockport. Companies House lists its business as manufacture of other organic basic chemicals and wholesale of chemical products. It operates as BASF plc within the wider BASF group, whose UK activities span chemicals, coatings, crop protection and plastics. The company's own site describes BASF as supplying materials to most industries in the UK, with the entity supporting the group's licence to operate in Britain. It sits within a global chemicals business rather than manufacturing consumer end-products itself, positioning it as a supplier of chemical raw materials and intermediates to other manufacturers.
Generated from the company's website and Companies House records. Sources: basf.com