QIAGEN LIMITED
Company Information
- Company Number
- 02858916
- Registered Address
- Citylabs 2.0 Hathersage Road, Manchester, England, M13 0BH
- Status
- Active
- Employee Count
- 126.0
- Turnover
- 63862000.0
- EBITDA
- 3949000.0
Additional Details
- Website
- https://www.qiagen.com/us
- Company Type
- Private limited Company
- Incorporated On
- 4 October 1993
- Nature of Business
- 86900 - Other human health activities
- Industries
- Life Sciences And Medical Technology
- Region
- North West
Company Location
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| 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 | 01 Feb 2024 | 49 | 63% | 21% | 16% | 58% |
| 01 Jul 2022 - 31 Dec 2022 | 07 Feb 2023 | 45 | 56% | 26% | 19% | 69% |
| 01 Jan 2022 - 30 Jun 2022 | 26 Jul 2022 | 56 | 49% | 29% | 22% | 62% |
| 01 Jul 2021 - 31 Dec 2021 | 01 Feb 2022 | 48 | 47% | 40% | 13% | 34% |
| 01 Jan 2021 - 30 Jun 2021 | 30 Jul 2021 | 39 | 62% | 32% | 6% | 69% |
| 01 Jul 2020 - 31 Dec 2020 | 26 Jan 2021 | 39 | 72% | 21% | 7% | 69% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 70 | 47% | 21% | 32% | 57% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 70 | 47% | 21% | 32% | 57% |
Company Summary
QIAGEN LIMITED is a leading global provider of sample and assay technologies for molecular diagnostics, applied testing, academic and pharmaceutical research
They are committed to creating sustainable solutions and have a strong focus on environmental, social, and governance (ESG) practices
Their sustainability program includes initiatives such as reducing their carbon footprint, using renewable energy sources, and promoting responsible supply chain management
QIAGEN also encourages employee volunteerism and supports charitable organizations through its corporate social responsibility efforts
The company offers a wide range of products and services, including sample preparation and purification, PCR and real-time PCR assays, next-generation sequencing, bioinformatics, and automation solutions
These products are used in various fields, such as oncology, infectious diseases, and personalized healthcare
QIAGEN LIMITED is led by a team of experienced professionals, including the CEO Thierry Bernard and the CFO Roland Sackers
The company's registered office address is QIAGEN House, Skelton House, Lloyd Street North, Manchester, M15 6SH, United Kingdom
Their website, www.qiagen.com, provides comprehensive information about their products, services, and sustainability efforts
Customers can also contact the company through their website or by calling their customer service hotline at +44 161 828 2000
In addition, QIAGEN has a global network of offices and distributors to provide support and assistance to their customers
Company Review
Trend Analysis
The average time taken for QIAGEN LIMITED to pay invoices has fluctuated over the past three periods, with a slight decrease in 2021-2022 and a slight increase in 2022-2023.
Volatility Analysis
The volatility in QIAGEN LIMITED's payment patterns can be seen in the significant changes in the percentage of invoices paid within 30 days and later than 60 days. The company has shown improvement in paying invoices within 30 days in 2021-2022, but this has increased again in 2022-2023.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The most frequently used payment terms for qualifying contracts is 30 days net.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
The accounts payable department will email the purchasing team, end user or cost centre owner on a weekly basis for invoices in dispute and resolution. The third email also includes the colleague's manager to help resolution.
Other Payment Information
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