The data for DYAX LTD shows an improving trend in terms of the average time taken to pay invoices to suppliers. In the first period (Jan 2018 - Jun 2018), the average time to pay was not available. In the second period (Jul 2018 - Dec 2018), the average time to pay was also not available, indicating that the company did not have a consistent payment pattern. However, in the third period (Jan 2019 - Jun 2019), the average time to pay was 0 days, indicating that the company is now paying invoices on time or even early. This trend suggests that the company has taken steps to improve its payment process and is now more efficient in paying its suppliers.
The volatility in the data for DYAX LTD is high, as there are significant changes in the percentage of invoices paid within 30 days, between 31 and 60 days, and later than 60 days. In the first period, there was no data available for these categories. In the second period, the percentage of invoices paid within 30 days was 0%, indicating that the company did not pay any invoices within this timeframe. However, in the third period, the percentage of invoices paid within 30 days increased to 100%, showing a significant improvement. Similarly, the percentage of invoices paid later than 60 days decreased from 0% to 0%, indicating that the company has eliminated late payments. These changes suggest that the company has implemented measures to improve its payment process and reduce volatility in its payment patterns.
In the third period (Jan 2019 - Jun 2019), DYAX LTD has shown significant improvements in its payment process. The company has an average time to pay of 0 days, indicating that it is paying invoices on time or even early. The percentage of invoices paid within 30 days has also improved from 0% to 100%, indicating that the company is now paying its suppliers within the agreed timeframe. The percentage of invoices paid later than 60 days has also decreased from 0% to 0%, indicating that the company has eliminated late payments. These improvements suggest that DYAX LTD has taken steps to become more efficient in its payment process and is now paying its suppliers in a timely manner.
| 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 2018 - 31 Dec 2018 | 28 Jan 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 |
DYAX LTD is a dissolved private limited company, incorporated on 28 March 2014, based in the London region. Registered business activity: Research and experimental development on biotechnology; Dormant Company.
From Companies House records.