The trend for MULTIMATIC LTD. shows an increase in the average time to pay invoices from 45 days in 2018 to 60 days in 2020. However, there is a slight improvement in 2021 with the average time decreasing to 50 days.
The volatility for MULTIMATIC LTD. is relatively stable, with only a small change in the average time to pay between periods. However, there is a significant increase in the percentage of invoices paid later than 60 days in 2020, which could indicate potential cash flow issues or delays in payment processing.
| 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 2022 - 31 Dec 2022 | 24 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 24 Jan 2023 | |||||
| 01 Jun 2021 - 22 Dec 2021 | 22 Dec 2021 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 26 Jan 2023 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 26 Mar 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 17 Dec 2020 | 60 | 20% | 75% | 5% | 5% |
| 01 Jul 2019 - 31 Dec 2019 | 13 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 01 Aug 2019 | |||||
| 31 Dec 2017 - 29 Dec 2018 | 29 Jan 2019 | 45 | 20% | 80% | 0% | 0% |
Multimatic Ltd. is a leading global supplier of engineered components, systems and services to the automotive industry. The company was founded in 1984 and is headquartered in Coventry, United Kingdom.
The company's sustainability program is focused on reducing their environmental impact and promoting sustainable practices throughout their operations. They have implemented various initiatives such as energy efficiency measures, waste reduction, and sustainable sourcing of materials.
Multimatic Ltd. offers a wide range of products and services, including suspension systems, body structures, and powertrain components. They work with major automotive manufacturers to provide innovative solutions that improve vehicle performance, safety, and efficiency.
The company is led by a team of experienced professionals, including founder and CEO Peter Czapka, who has over 40 years of experience in the automotive industry.
To learn more about Multimatic Ltd. and their products and services, interested individuals can visit their website at www.multimatic.com. The company's registered office address is located at Unit 2, Spitfire Close, Coventry Business Park, Coventry, CV5 6SP, United Kingdom.