| 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 | 16 Jan 2026 | 60 | 44% | 34% | 22% | 7% |
| 01 Jan 2025 - 30 Jun 2025 | 16 Jul 2025 | 48 | 41% | 35% | 24% | 6% |
| 01 Jul 2024 - 31 Dec 2024 | 08 Jan 2025 | 45 | 40% | 41% | 19% | 6% |
| 01 Jan 2024 - 30 Jun 2024 | 16 Jul 2024 | 45 | 40% | 43% | 17% | 10% |
| 01 Jul 2023 - 31 Dec 2023 | 15 Jan 2024 | 47 | 43% | 44% | 13% | 10% |
| 01 Jan 2023 - 30 Jun 2023 | 17 Jul 2023 | 47 | 36% | 48% | 16% | 13% |
| 01 Jul 2022 - 31 Dec 2022 | 05 Jan 2023 | 50 | 35% | 48% | 17% | 15% |
| 01 Jan 2022 - 30 Jun 2022 | 20 Jul 2022 | 48 | 42% | 44% | 14% | 14% |
| 01 Jul 2021 - 31 Dec 2021 | 25 Jan 2022 | 50 | 37% | 51% | 12% | 10% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 49 | 42% | 48% | 10% | 10% |
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | 50 | 37% | 51% | 12% | 10% |
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | 53 | 32% | 55% | 13% | 13% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 51 | 37% | 48% | 15% | 16% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 50 | 33% | 51% | 16% | 22% |
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | 39 | 45% | 41% | 14% | 15% |
| 01 Jan 2018 - 30 Jun 2018 | 19 Jul 2018 | 39 | 48% | 36% | 16% | 22% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days on receipt of invoice. Depending on the category of spend, higher or lower standard payment terms may also be employed in line with industry standards for those spend areas.
Were there any changes to the standard payment terms in the reporting period?
Standard payment terms have been aligned from 30 days on average to 60 days.
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
The main point of contact for disputes is the Bayer Source to Pay - Shared Services Centre in Manila. In most cases, if an email is received regarding extremely due unpaid invoices, the vendor is asked to provide PDF copy of invoice/s with the Bayer contact person and/or Purchase Order number. Also, the email is forwarded to Procurement to look into the vendor concern and provide advice on how to deal with the vendor and its invoice.
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.
❌
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.
❌
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.
❌
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
BAYER PUBLIC LIMITED COMPANY is a multinational corporation based in Germany with a registered office address in the UK. The company is a global leader in the fields of healthcare, agriculture, and high-tech polymer materials.
As part of its sustainability program, BAYER is committed to promoting environmental, social, and economic responsibility in all its business operations. The company has set ambitious goals to reduce its carbon emissions, increase the use of renewable energy, and promote sustainable agriculture practices.
In terms of products and services, BAYER offers a wide range of pharmaceuticals, consumer health products, and agricultural solutions. Its healthcare portfolio includes innovative medicines for cardiovascular diseases, cancer, and women's health. The company also offers products for crop protection, seeds, and plant biotechnology to support sustainable agriculture.
BAYER is led by a team of experienced and dedicated individuals, including CEO Werner Baumann, who is responsible for the company's overall strategy and operations. Other key people include the heads of the three business divisions – Pharmaceuticals, Consumer Health, and Crop Science.
To learn more about BAYER and its sustainability initiatives, interested individuals can visit their website at www.bayer.co.uk. The company also has a strong presence on social media platforms such as Facebook, Twitter, and LinkedIn, providing updates on its latest developments and initiatives. Overall, BAYER PUBLIC LIMITED COMPANY remains committed to driving sustainable growth and creating value for its stakeholders.
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