| 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 2024 - 31 Dec 2024 | 29 Jan 2025 | 39 | 45% | 46% | 9% | 44% |
| 01 Jan 2024 - 30 Jun 2024 | 29 Jul 2024 | 39 | 47% | 44% | 9% | 48% |
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | 38 | 43% | 46% | 11% | 53% |
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | 35 | 49% | 37% | 13% | 13% |
| 01 Jul 2021 - 31 Dec 2021 | 28 Jan 2022 | 33 | 55% | 41% | 4% | 4% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 35 | 49% | 43% | 8% | 17% |
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | 36 | 48% | 43% | 9% | 18% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 35 | 49% | 45% | 6% | 13% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 36 | 46% | 47% | 7% | 12% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 36 | 43% | 50% | 7% | 14% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 36 | 38% | 51% | 11% | 21% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
The Company’s standard terms are 60 days, unless agreed otherwise. The Company makes payment via BACS, twice weekly of all cleared invoices due for payment that working week.
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
Queries and follow-ups should be sent to AccountsPayable@convatec.com. If you fail to receive an adequate response, please contact the individual who engaged for the goods or services. For further details see http://supplierlink.convatec.com/
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
CONVATEC LIMITED is a healthcare company that specializes in the development and manufacture of medical products and services. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.
The company's sustainability program includes efforts to reduce waste, increase energy efficiency, and promote responsible sourcing and production. They also have a focus on community engagement and supporting charities and organizations that align with their values.
CONVATEC LIMITED offers a wide range of products and services in the areas of wound therapeutics, ostomy care, continence and critical care, and infusion devices. These products are designed to help improve the quality of life for patients with chronic conditions.
The key people at CONVATEC LIMITED include CEO Karim Bitar, who has a background in healthcare and has been with the company since 2018. The company's registered office address is in Reading, UK.
For more information on their products and sustainability initiatives, you can visit their website at www.convatec.com. They also have a customer service hotline available for inquiries and support. Overall, CONVATEC LIMITED is dedicated to providing high-quality healthcare solutions while also prioritizing sustainability and giving back to the community.