The data for RIO TINTO DIAMONDS LIMITED shows a consistent trend in the average time taken to pay invoices to suppliers. There is a slight increase in the average time to pay in the second period (Jul-Dec 2018) compared to the first period (Jan-Jun 2018), followed by a decrease in the third period (Jan-Jun 2019).
The volatility in the data for RIO TINTO DIAMONDS LIMITED is relatively low, with only a slight increase in the average time to pay in the second period and a decrease in the third period. The percentages for invoices paid within 30 days, between 31-60 days, and later than 60 days remain relatively consistent throughout the three periods.
In the first period (Jan-Jun 2018), RIO TINTO DIAMONDS LIMITED had an average time to pay of 0 days, with all invoices being paid within the agreed terms. In the second period (Jul-Dec 2018), the average time to pay increased to 3.3 days, with 97.1% of invoices being paid within 30 days and 2.9% being paid between 31-60 days. However, there was a slight increase in the percentage of invoices paid later than 60 days to 0.1%. In the third period (Jan-Jun 2019), the average time to pay decreased to 1.4 days, with 98.2% of invoices being paid within 30 days, 1.2% being paid between 31-60 days, and only 0.6% being paid later than 60 days.
| 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 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 29 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 29 Jul 2018 |
RIO TINTO DIAMONDS LIMITED is a dissolved private limited company, incorporated on 21 October 2004, based in the London region. Registered business activity: Other business support service activities not elsewhere classified.
From Companies House records.