The average time taken for RIO TINTO IRON & TITANIUM LIMITED to pay invoices has fluctuated over the past three periods, with the longest average time taken in Jul 2018 - Dec 2018, followed by a decrease in Jan 2019 - Jun 2019, and then an increase again in Jul 2019 - Dec 2019.
The volatility of RIO TINTO IRON & TITANIUM LIMITED's payment patterns can be seen in the changes between the percentages of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. This volatility suggests potential challenges in managing cash flow and meeting payment obligations.
Between Jul 2018 - Dec 2018, the average time taken for RIO TINTO IRON & TITANIUM LIMITED to pay invoices was the longest at XXX days. During this period, the percentage of invoices paid within 30 days was XX%, the percentage paid between 31 and 60 days was XX%, and the percentage paid later than 60 days was XX%. This was also the period with the highest percentage of invoices not paid within agreed terms at XX%. The shortest (or only) standard payment period during this period was XX days.
| 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 2018 - 31 Dec 2018 | 29 Jan 2019 |
RIO TINTO IRON & TITANIUM LIMITED is a leading mining and metals company, specializing in the production of iron and titanium products. The company is committed to sustainability and has implemented various programs to reduce its environmental impact and support the communities in which it operates.
Their sustainability program focuses on reducing emissions, conserving resources, and promoting biodiversity. They have set ambitious targets to reduce their carbon footprint and have invested in renewable energy sources. They also have initiatives in place to conserve water and minimize waste.
RIO TINTO IRON & TITANIUM LIMITED offers a range of high-quality iron and titanium products, including iron ore, titanium dioxide, and high purity pig iron. These products are used in various industries such as construction, automotive, and aerospace.
The company is led by a team of experienced professionals, including CEO Jean-Sébastien Jacques and Chairman Simon Thompson. They are dedicated to driving the company's growth and sustainability efforts.
For more information, interested individuals can visit the company's website at www.riotinto.com or contact their registered office at 6 St James's Square, London, SW1Y 4AD, United Kingdom. Overall, RIO TINTO IRON & TITANIUM LIMITED is committed to responsible and sustainable mining practices, making them a leader in the industry.