| 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 |
|---|---|---|---|---|---|---|
| 03 Nov 2024 - 03 May 2025 | 01 Jun 2025 | 57 | 14% | 59% | 27% | 66% |
| 28 Apr 2024 - 02 Nov 2024 | 19 Dec 2024 | 52 | 12% | 70% | 18% | 67% |
| 29 Oct 2023 - 27 Apr 2024 | 22 May 2024 | 54 | 11% | 69% | 20% | 78% |
| 30 Apr 2023 - 28 Oct 2023 | 23 Nov 2023 | 55 | 14% | 68% | 18% | 58% |
| 30 Oct 2022 - 29 Apr 2023 | 22 May 2023 | 56 | 8% | 74% | 18% | 69% |
| 01 May 2022 - 29 Oct 2022 | 17 Nov 2022 | 57 | 6% | 77% | 17% | 59% |
| 31 Oct 2021 - 30 Apr 2022 | 18 May 2022 | 54 | 7% | 78% | 15% | 59% |
| 02 May 2021 - 30 Oct 2021 | 06 Dec 2021 | 53 | 8% | 73% | 19% | 56% |
| 01 Nov 2020 - 01 May 2021 | 20 May 2021 | 58 | 7% | 74% | 19% | 67% |
| 03 May 2020 - 31 Oct 2020 | 15 Dec 2020 | 59 | 7% | 74% | 20% | 71% |
| 03 Nov 2019 - 02 May 2020 | 12 Oct 2020 | 58 | 8% | 74% | 19% | 62% |
| 05 May 2019 - 02 Nov 2019 | 08 Sept 2020 | 55 | 7% | 72% | 21% | 64% |
| 04 Nov 2018 - 04 May 2019 | 08 Sept 2020 | 56 | 8% | 77% | 15% | 68% |
| 29 Apr 2018 - 03 Nov 2018 | 08 Sept 2020 | 54 | 7% | 78% | 15% | 69% |
| 29 Oct 2017 - 28 Apr 2018 | 08 Sept 2020 | 54 | 10% | 79% | 11% | 74% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Unless otherwise stated in the order, Ciena Limited shall pay the price of the goods and the services within our standard payment terms.
Were there any changes to the standard payment terms in the reporting period?
The standard payment terms changed during the reporting period. From 01 September 2024, it changed from 45 days to 60 days.
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Any dispute is resolved locally between company, Relationship Manager and the supplier on an individual basis with the primary aim that disputes are settled quickly, and contractual payment dates met.
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
CIENA LIMITED is a global technology company that specializes in networking and communication solutions. Founded in 1992, the company is headquartered in Hanover, Maryland, USA, with offices and operations in over 30 countries worldwide.
The company offers a wide range of products and services, including optical networking, software, and services for network operators and service providers. Their solutions enable high-speed, high-bandwidth communication for businesses and organizations of all sizes.
CIENA LIMITED is committed to sustainability and has implemented various initiatives to reduce its environmental impact. They have set targets to reduce their carbon footprint and energy consumption, and have also implemented recycling and waste reduction programs. The company also supports various community and social responsibility programs, including education and disaster relief efforts.
The key people at CIENA LIMITED include CEO and President Gary B. Smith, Chief Technology Officer Steve Alexander, and Chief Financial Officer James E. Moylan Jr.
For more information about their products and services, customers can visit their website at www.ciena.com. The registered office address for CIENA LIMITED is 7035 Ridge Road, Hanover, Maryland 21076, USA.