EASYJET's average payment time is 31 days, with a strong 69% of invoices settled within 30 days, indicating a generally prompt payment speed. A consistent trend shows 27% of invoices are paid between 31 and 60 days, suggesting a portion often slightly exceeds standard 30-day terms. Only 4% of payments extend beyond 60 days, outlining a predictable, albeit slightly stretched, payment trajectory for a segment of transactions.
The distribution of payments demonstrates reasonable reliability, with 96% of invoices settled within 60 days, offering a good level of predictability. However, the 27% falling into the 31-60 day window and a 9% late payment rate introduce some variability, meaning not all payments will be strictly prompt. This indicates a moderate level of consistency; suppliers should factor in the potential for payments to extend beyond immediate 30-day expectations, presenting a minor cash flow risk.
Overall, EASYJET exhibits generally acceptable payment behavior, with a clear majority of invoices settled within 60 days. Suppliers should consider that while most payments are timely, there's a 27% chance of payment extending to 31-60 days, which should factor into cash flow planning. To mitigate risk, suppliers could align payment terms to a 45-day expectation or have contingencies for the 9% late payment rate, ensuring stable financial operations.
| 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 Apr 2025 - 30 Sept 2025 | 29 Oct 2025 | 33 | 70% | 26% | 4% | 9% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 31 | 69% | 27% | 4% | 9% |
| 01 Oct 2023 - 31 Mar 2024 | 22 Apr 2024 | 34 | 63% | 32% | 5% | 10% |
| 01 Apr 2023 - 30 Sept 2023 | 25 Oct 2023 | 33 | 67% | 28% | 5% | 9% |
| 01 Apr 2022 - 30 Sept 2022 | 25 Oct 2022 | 33 | 66% | 29% | 6% | 12% |
| 01 Apr 2021 - 30 Sept 2021 | 25 Oct 2021 | 41 | 36% | 49% | 15% | 40% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 42 | 39% | 45% | 16% | 39% |
| 01 Apr 2019 - 30 Sept 2019 | 30 Oct 2019 | 33 | 60% | 35% | 5% | 15% |
| 01 Apr 2018 - 30 Sept 2018 | 30 Oct 2018 | 30 | 63% | 34% | 3% | 13% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard supplier terms are to pay supplier invoices within 60 days of easyJet having received the invoice, assuming that the goods or services have been delivered in accordance with the purchase order. However, different payment terms may be negotiated depending on the commercial situation on a case by case basis. easyJet has reduced standard payment terms of 30 days to suppliers who have a Group turnover of less than £1m to support cash flow for small companies. easyJet makes one payment run per week
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
easyJet seeks to have open, constructive and effective relationships with all its suppliers as it believes they are integral to the Group's success. easyJet has an established supplier relationship management framework, which provides a toolkit and guidance for easyJet managers who lead relationships with easyJet key partners. easyJet will endeavour to resolve any disputes reasonably.
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
EASYJET AIRLINE COMPANY LIMITED is an active private limited company operating within the airline sector. Based on its name, the company provides airline services.
The company was incorporated on 17 March 1995, operating with company number 03034606. Its registered office is located at Hangar 89 London Luton Airport, Luton, Bedfordshire, LU2 9PF, situated in the East of England.
In the UK market, an airline company typically provides scheduled passenger transport, cargo operations, and associated flight services. Such companies facilitate domestic and international travel.