Industry ranking
The average time taken for BOX.COM (UK) LTD to pay invoices has decreased by 2 days from the previous period, with a current average of 34 days. However, there has been a slight increase in the percentage of invoices paid later than 60 days, from 11% to 12%. The percentage of invoices paid within 30 days has remained the same at 51%, while the percentage of invoices paid between 31 and 60 days has decreased from 39% to 38%. There has also been a decrease in the percentage of invoices not paid within agreed terms, from 13% to 12%. Overall, there has been a slight improvement in the timely payment of invoices.
The volatility in BOX.COM (UK) LTD's payment of invoices has decreased from the previous period. The average time taken to pay invoices has decreased by 2 days, from 36 days to 34 days. The percentage of invoices paid within 30 days has remained the same at 51%, while the percentage of invoices paid between 31 and 60 days has decreased from 39% to 38%. The percentage of invoices paid later than 60 days has increased slightly from 11% to 12%. The percentage of invoices not paid within agreed terms has also decreased from 13% to 12%. Overall, there has been a slight decrease in volatility in BOX.COM (UK) LTD's payment of invoices.
From Aug 2021 to Jan 2022, BOX.COM (UK) LTD has shown a slight improvement in the timely payment of invoices. The average time taken to pay invoices has decreased by 2 days, with a current average of 34 days. The percentage of invoices paid within 30 days has remained the same at 51%, while the percentage of invoices paid between 31 and 60 days has decreased from 39% to 38%. However, there has been a slight increase in the percentage of invoices paid later than 60 days, from 11% to 12%. The percentage of invoices not paid within agreed terms has also decreased from 13% to 12%. The shortest standard payment period remains at 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 Aug 2021 - 31 Jan 2022 | 09 Jun 2022 | 34 | 51% | 38% | 12% | 12% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Standard payment terms are 60 days. Small businesses or sole traders have the opportunity to negotiate prepayments prior to contractual agreements.
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
120
All EMEA disputes are handled and settled through a static AP mailbox (Ap.EMEA@box.com). Product/Service disputes can be settled through the purchaser. Alternatively the vendor can raise queries on our digital invoicing platform, assuming the vendor has elected to login and submit their own invoices. All invoices requiring manual processing must be sent to "INVOICES+EMEA@BOX.COUPAHOST.COM".
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
Boxcom UK Ltd is a UK-registered entity within the Box group, a company providing cloud-based content management software. Box's platform allows organisations to manage documents at scale, offering enterprise security, real-time collaboration, e-signatures, workflow automation and AI-driven features. It also provides developer tools, including APIs, SDKs, embeddable UI components and webhooks, enabling businesses to extend Box's content capabilities into their own applications, automate processes such as invoice data extraction, and build AI-powered knowledge bases or document review tools. The UK entity's registered activity is classified under information service activities and application software, reflecting its role as part of the wider Box group's global content management and developer platform business.
Generated from the company's website and Companies House records. Sources: developer.box.com