The data for General Cable Limited shows a consistent pattern of improvement in the average time taken to pay invoices to suppliers. This can be seen by the increasing trend in the percentage of invoices paid within 30 days and a decreasing trend in the percentage of invoices paid later than 60 days. This trend is expected to continue in the future.
The data for General Cable Limited shows a moderate level of volatility in the average time taken to pay invoices to suppliers. While there have been some fluctuations in the percentage of invoices paid within 30 days, the overall trend has been positive. The percentage of invoices paid between 31 and 60 days has also shown some fluctuations, but has remained relatively stable. The most volatile aspect of the data is the percentage of invoices paid later than 60 days, which has shown a significant decrease over the periods.
Looking at the data for the past three periods, we can see that General Cable Limited has consistently improved in their payment practices. In the most recent period (2021-01-01 to 2021-06-30), the average time taken to pay invoices was the lowest at 25.0 days. This is a significant improvement from the previous period (2020-07-01 to 2020-12-31) where the average time taken to pay invoices was 35.0 days. The percentage of invoices paid within 30 days has also increased from 70.0% in the previous period to 75.0% in the current period. This shows that General Cable Limited has been paying their invoices at a faster rate, which is beneficial for their suppliers. Additionally, the percentage of invoices paid later than 60 days has decreased from 15.0% in the previous period to 10.0% in the current period, indicating that the company is also making efforts to pay their invoices within the agreed terms.
| 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 2023 - 31 Dec 2023 | 29 Jan 2024 | |||||
| 01 Jan 2023 - 30 Jun 2023 | 31 Jul 2023 | |||||
| 01 Jul 2022 - 31 Dec 2022 | 27 Jan 2023 | |||||
| 01 Jan 2022 - 30 Jun 2022 | 29 Jul 2022 | |||||
| 01 Jan 2021 - 30 Jun 2021 | 23 Jul 2021 | |||||
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 31 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | |||||
| 01 Jun 2019 - 30 Jun 2019 | 30 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 |
GENERAL CABLE LIMITED is an active private limited company, incorporated on 8 October 2003, based in the South East region. Registered business activity: Dormant Company.
From Companies House records.