| 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 | 41 | 28% | 71% | 1% | 10% |
| 01 Oct 2024 - 31 Mar 2025 | 28 Apr 2025 | 46 | 27% | 68% | 5% | 13% |
| 01 Oct 2023 - 31 Mar 2024 | 29 Apr 2024 | 44 | 25% | 70% | 5% | 13% |
| 01 Apr 2023 - 30 Sept 2023 | 27 Oct 2023 | 46 | 23% | 67% | 10% | 15% |
| 01 Apr 2022 - 30 Sept 2022 | 28 Oct 2022 | 38 | 39% | 59% | 2% | 12% |
| 01 Oct 2021 - 31 Mar 2022 | 29 Apr 2022 | 36 | 42% | 58% | 0% | 12% |
| 01 Apr 2021 - 30 Sept 2021 | 26 Oct 2021 | 39 | 35% | 64% | 1% | 16% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 43 | 30% | 63% | 7% | 12% |
| 01 Apr 2019 - 30 Sept 2019 | 29 Oct 2019 | 36 | 37% | 61% | 2% | 24% |
| 01 Apr 2018 - 30 Sept 2018 | 31 Oct 2018 | 36 | 39% | 60% | 1% | 18% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Usage of payment terms in the reporting period is as follows :- Payable within 60 days Due net 68%, Payable within 30 days Due net 27%, Payable within 45 days Due net 5%. Remainder of the transactions are on Payment terms with less than 1% occurrence and include the longest used term of 90 days. ICC Clearing transactions have not been included in this reporting as these clearing transactions do not result in transmission of monies via an external bank account, and is only offered to companies part of Siemens cash pooling process. ICC clearing transactions do not represent underlying payment performance transactions. If we were to include the intercompany clearing transactions it would highly skew the KPI's and wouldn't adequately reflect our payment practices.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
1) Central Accounts Payable (AP) team for payment enquiries, contact points via phone/e-mail/supplier portal. Relevant details are on Purchase Orders. a) Tel: 01276 696683 / b) E-mail joanne.lucas@siemens-healthineers.com 2) AP liaise with supplier to obtain and process missing invoicesa) Check existing systems (scan provider/e-invoice provider/invoice process queue to see if invoice already in query and/or returned to suppler) 3) AP liaise with suppliers to confirm payment details (past and upcoming) 4) AP liaise with approvers to release overdue invoices for payment 5) Special team deals with ‘final demand’ cases and legal notices
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
Siemens Healthcare Diagnostics Ltd is a leading global healthcare company that provides innovative products and services in the field of medical diagnostics. With a focus on sustainability, the company is committed to improving the quality of healthcare while reducing its impact on the environment.
The company offers a wide range of products and services, including laboratory and point-of-care diagnostics, imaging systems, and clinical consulting. Their products and solutions are used in hospitals, clinics, reference laboratories, and research facilities around the world. They also provide training and support services to healthcare professionals to ensure efficient use of their products.
Some of the key people at Siemens Healthcare Diagnostics Ltd include Dr. Bernd Montag, the CEO, and Dr. Marc Klinkhamer, the Head of Global Medical Affairs. These leaders bring a wealth of experience and expertise to the company and are committed to driving innovation and sustainability in the healthcare industry.
Siemens Healthcare Diagnostics Ltd has a strong sustainability program in place, which focuses on reducing their environmental footprint through eco-friendly products, energy-efficient operations, and responsible waste management. They also prioritize the health and safety of their employees and invest in community development projects.
The company's website is www.siemens-healthineers.com, where customers can find information about their products, services, and sustainability initiatives. Their registered office address is Siemens Healthcare Diagnostics Ltd, Sir William Siemens Square, Frimley, Camberley, Surrey, GU16 8QD, United Kingdom.
In summary, Siemens Healthcare Diagnostics Ltd is a leading healthcare company with a commitment to sustainability and innovation. With a wide range of products and services, experienced leadership, and a focus on environmental responsibility, the company continues to make a positive impact in the healthcare industry.