The data shows a consistent trend for RIO TINTO OT MANAGEMENT LIMITED to pay their invoices within agreed terms, with the average time to pay remaining relatively stable across all three periods.
The data for RIO TINTO OT MANAGEMENT LIMITED shows very little volatility in terms of their payment patterns. The percentage of invoices paid within 30 days and between 31 and 60 days remained consistently high across all three periods, while the percentage of invoices paid later than 60 days saw a decrease from 2019-07-01 to 2020-01-01 before dropping to 0.0% in the most recent period.
Overall, RIO TINTO OT MANAGEMENT LIMITED has shown a consistent trend of paying their invoices within agreed terms. While there was a small decrease in the percentage of invoices paid within 30 days in the most recent period, there was a significant decrease in the percentage of invoices paid later than 60 days. This shows a positive change towards early payment for the company. The data also suggests very little volatility in their payment patterns.
| 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 2021 - 30 Jun 2021 | 28 Jul 2021 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 01 Feb 2020 |
Rio Tinto OT Management Limited is a UK-registered entity within the Rio Tinto group, a global mining business that finds, mines and processes minerals such as iron ore, copper, aluminium and lithium. Its name links it to Oyu Tolgoi, one of the group's Asian operations, listed among Rio Tinto's mining sites. The company's SIC classification covers other business support services, consistent with a role providing administrative or management support to the wider group rather than operating mines itself. Group-wide activities, including production, decarbonisation targets and supplier relationships, belong to the Rio Tinto group rather than to this specific registered company, which functions as part of that larger corporate structure.
Generated from the company's website and Companies House records. Sources: riotinto.com · riotinto.com