The data shows that the average time taken for JUPITER FUND MANAGEMENT PLC to pay invoices to suppliers has fluctuated over the past three periods. It started at 20 days in 2018, decreased to 19 days in 2018-2019, then increased to 23 days in 2019-2020, and finally decreased again to 21 days in 2020-2021. However, in the most recent period (2021), the average time to pay has significantly increased to 30 days.
The data also shows that there has been volatility in the percentage of invoices paid within 30 days and later than 60 days. In 2018, 82% of invoices were paid within 30 days, which decreased to 80% in 2019 and then increased to 84% in 2020. However, in 2021, the percentage dropped to 76%. On the other hand, the percentage of invoices paid later than 60 days has fluctuated between 5% and 8% over the past three periods.
In the past three periods, there have been changes in the average time taken for JUPITER FUND MANAGEMENT PLC to pay invoices to suppliers. The company started with an average time of 20 days in 2018, decreased to 19 days in 2018-2019, then increased to 23 days in 2019-2020, and finally decreased again to 21 days in 2020-2021. However, in the most recent period (2021), the average time to pay has significantly increased to 30 days. This is a concerning trend and could potentially impact the company's relationships with suppliers.
| 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 2025 - 30 Jun 2025 | 29 Jul 2025 | 30 | 71% | 16% | 13% | 44% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Apr 2022 | 30 | 76% | 17% | 7% | 24% |
| 01 Jan 2021 - 30 Jun 2021 | 26 Jul 2021 | 21 | 82% | 12% | 6% | 18% |
| 01 Jul 2020 - 31 Dec 2020 | 07 May 2021 | 26 | 84% | 10% | 6% | 16% |
| 01 Jan 2020 - 30 Jun 2020 | 05 Aug 2020 | 21 | 84% | 10% | 6% | 16% |
| 01 Jul 2019 - 31 Dec 2019 | 30 Jan 2020 | 23 | 80% | 12% | 8% | 20% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 20 | 84% | 10% | 6% | 16% |
| 01 Jul 2018 - 31 Dec 2018 | 18 Jan 2019 | 19 | 83% | 13% | 4% | 17% |
| 01 Jan 2018 - 30 Jun 2018 | 23 Jul 2018 | 20 | 82% | 13% | 5% | 18% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
30
Direct communications with our suppliers via email/phone to resolve any issues
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.
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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.
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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.
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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?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
JUPITER FUND MANAGEMENT PLC is a leading asset management company based in London, UK. The company offers a range of investment options for individuals and institutions, including mutual funds, investment trusts, and discretionary portfolios.
As part of their commitment to sustainability, JUPITER FUND MANAGEMENT PLC has implemented a sustainability program to integrate environmental, social, and governance (ESG) factors into their investment decisions. They also actively engage with companies in their portfolio to encourage sustainable practices and responsible business conduct.
Some of the key people at JUPITER FUND MANAGEMENT PLC include the CEO, Andrew Formica, and the Chairman, Liz Airey. The company has a team of experienced fund managers and investment professionals who are dedicated to delivering strong investment performance for their clients.
JUPITER FUND MANAGEMENT PLC's products and services are designed to meet the diverse needs of their clients, from retail investors to large institutions. They offer a range of funds across different asset classes and investment strategies, allowing clients to build a well-diversified portfolio.
For more information, interested parties can visit JUPITER FUND MANAGEMENT PLC's website at www.jupiteram.com. Their registered office address is located at The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ, United Kingdom. Overall, JUPITER FUND MANAGEMENT PLC is a reputable company with a strong focus on sustainability and providing quality investment solutions to their clients.