| 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 Jan 2025 - 30 Jun 2025 | 23 Jul 2025 | 124 | 9% | 18% | 73% | 7% |
| 01 Jun 2024 - 31 Dec 2024 | 14 Jan 2025 | 126 | 8% | 17% | 75% | 21% |
| 01 Jan 2023 - 30 Jun 2023 | 28 Jul 2023 | 129 | 7% | 19% | 74% | 27% |
| 01 Jan 2022 - 30 Jun 2022 | 28 Jul 2022 | 126 | 8% | 17% | 75% | 20% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 160 | 7% | 18% | 75% | 29% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 99 | 9% | 18% | 73% | 26% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 103 | 9% | 16% | 75% | 16% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
RB’s standard payment terms are that payment is made on the first working day after the end of the month in which falls the ninetieth (90) day after the date of the relevant invoice. We do have suppliers on payment terms which are different to the standard.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
The company has a policy to ensure that small suppliers are able to opt for a 30-day payment period. https://www.reckitt.com/sustainability/policies-and-reports/
Maximum contractual payment period agreed
180
RB aims to resolve queries or disputes regarding invoices and payment as quickly as possible. In the first instance, suppliers should speak with their RB contact who can liaise with the Accounts Payable team. Alternatively, suppliers can contact the Accounts Payable team directly. When resolved, the invoice will be available for payment on the next standard payment run.
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
RECKITT BENCKISER HEALTHCARE INTERNATIONAL LIMITED is a leading global consumer health and hygiene company that focuses on providing innovative and high-quality products to improve the lives of people worldwide. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact and promote social responsibility.
The company's sustainability program, called "Our Better Plan," includes goals and targets in areas such as carbon emissions, waste reduction, and responsible sourcing. They also prioritize the use of sustainable and recyclable materials in their packaging and have implemented programs to promote recycling and reduce plastic waste.
RECKITT BENCKISER HEALTHCARE INTERNATIONAL LIMITED offers a wide range of products in various categories, including healthcare, hygiene, and nutrition. Some of their most well-known brands include Dettol, Nurofen, Strepsils, and Gaviscon. These products are designed to deliver effective and safe solutions for common health and hygiene needs.
The key people at RECKITT BENCKISER HEALTHCARE INTERNATIONAL LIMITED include Laxman Narasimhan, the CEO, and Adrian Hennah, the CFO. They lead a team of over 40,000 employees worldwide, who are dedicated to delivering the company's mission of "healthier lives and happier homes."
For any inquiries or information, customers can contact the company through their website, www.rb.com, or the registered office address at 103-105 Bath Road, Slough, Berkshire, SL1 3UH, United Kingdom.
In conclusion, RECKITT BENCKISER HEALTHCARE INTERNATIONAL LIMITED is a leading consumer health and hygiene company with a strong commitment to sustainability. Through their innovative products, they aim to improve the lives of people while minimizing their environmental impact. With a dedicated team and a clear vision, they continue to make a positive impact in the global market.