The data for ENI OIL ALGERIA LIMITED shows a consistent trend of the company taking longer to pay invoices over the past three periods. From 2018-2021, the average time to pay has increased by 5.1%, with the percentage of invoices paid later than 60 days also increasing by 5.1%. This trend suggests that the company may be facing financial difficulties or inefficient payment processes.
The volatility of ENI OIL ALGERIA LIMITED's payment patterns can be seen in the fluctuation of the percentage of invoices paid within 30 days. In 2019, this percentage was at its lowest at 78.3%, but in 2021, it increased to 85.6%. However, the percentage of invoices paid later than 60 days has consistently increased by 5.1% over the past three periods.
From 2018 to 2021, ENI OIL ALGERIA LIMITED's average time to pay has increased by 5.1%, and the percentage of invoices paid later than 60 days has also increased by 5.1%. The company has also shown inconsistency in paying invoices within 30 days, with a low of 78.3% in 2019 and a high of 85.6% in 2021.
| 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 2023 - 31 Dec 2023 | 29 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 19 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | |||||
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 29 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 30 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 |
ENI OIL ALGERIA LIMITED is an active private limited company, incorporated on 5 July 1988, based in the London region. Registered business activity: Extraction of crude petroleum; Extraction of natural gas.
From Companies House records.