| 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 2025 - 31 Dec 2025 | 30 Jan 2026 | 77 | 13% | 35% | 52% | 21% |
| 01 Jan 2025 - 30 Jun 2025 | 31 Jul 2025 | 84 | 10% | 32% | 58% | 22% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 78 | 13% | 35% | 52% | 19% |
| 01 Jan 2024 - 30 Jun 2024 | 06 Aug 2024 | 84 | 12% | 28% | 60% | 22% |
| 01 Jul 2023 - 31 Dec 2023 | 30 Jan 2024 | 87 | 13% | 24% | 63% | 25% |
| 01 Jan 2023 - 30 Jun 2023 | 30 Jul 2023 | 82 | 12% | 35% | 53% | 66% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 78 | 12% | 28% | 58% | 74% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 79 | 10% | 33% | 57% | 71% |
| 01 Jan 2021 - 30 Jun 2021 | 20 Jul 2021 | 72 | 15% | 30% | 55% | 70% |
| 01 Jul 2020 - 31 Dec 2020 | 29 Jan 2021 | 74 | 13% | 31% | 56% | 74% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 73 | 14% | 32% | 54% | 88% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 78 | 18% | 33% | 49% | 80% |
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | 63 | 19% | 36% | 45% | 83% |
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | 60 | 27% | 41% | 32% | 54% |
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 | 65 | 24% | 37% | 39% | 61% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Eaton shall pay invoices within one hundred and twenty (120) days, or other period agreed in writing, from the first batch processing date, after Eaton's receipt of a correct invoice, and the Parties expressly agree to such payment terms. When the Parties are not permitted to agree to payment terms in excess of local legislation, a shorter payment period may be applicable.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No
Maximum contractual payment period agreed
120
Supplier queries should be addressed to APCustomerService@eaton.com. Queries are allocated a case number and are targeted to be answered within 3 working days. The AP team may seek support for resolution of disputes from the relevant buyer or site contact as appropriate.
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
Eaton Electric Limited is a global power management company that offers energy-efficient solutions for customers in more than 175 countries. They are committed to sustainability and have a strong focus on reducing their environmental impact through their products and operations.
Their sustainability program includes initiatives such as reducing greenhouse gas emissions, increasing renewable energy use, and promoting sustainable practices throughout their supply chain. They also have a commitment to diversity and inclusion, with a goal of achieving gender parity in leadership roles by 2030.
Eaton Electric Limited offers a wide range of products and services including electrical distribution, power quality, and control and automation solutions. Their products are designed to increase energy efficiency, reduce carbon emissions, and improve overall sustainability.
The company is led by Chairman and CEO Craig Arnold, who has been with the company for over 30 years. Their registered office address is located in Dublin, Ireland, and their website is www.eaton.com.
In addition to their sustainability efforts, Eaton Electric Limited is also committed to giving back to their communities through their corporate philanthropy program. They support various causes, including education, health, and human services, and encourage their employees to volunteer and make a positive impact.
Overall, Eaton Electric Limited is a leader in sustainable power management solutions and is dedicated to making a positive impact on the environment and society.
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