| 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 2020 - 30 Jun 2020 | 27 Jul 2020 | 40 | 37% | 51% | 11% | 44% |
| 01 Jul 2019 - 31 Dec 2019 | 22 Jan 2020 | 45 | 53% | 29% | 19% | 44% |
| 01 Jan 2019 - 30 Jun 2019 | 22 Jul 2019 | 31 | 74% | 18% | 8% | 38% |
| 01 Jan 2018 - 31 Dec 2018 | 24 Jan 2019 | 32 | 76% | 18% | 6% | 27% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 55 | 75% | 16% | 9% | 38% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Citrix R&D Limited standard payment terms state that payment of third party invoices for goods and services will be made 60 days from date of Invoice unless otherwise agreed in writing by a duly authorised representative.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Disputes are resolved by discussion and agreement with a supplier and are typically managed by the dedicated Accounts Payable team.
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
Citrix R&D Limited is a UK-registered company within the Citrix corporate group, incorporated in 2015 and based in London. Its registered activities cover business and domestic software development and other information technology service activities, indicating it operates as an R&D subsidiary supporting the wider Citrix group's software engineering work. The global Citrix group, of which this entity forms part, develops digital workspace and application delivery technology, including secure remote access, virtualisation and desktop-as-a-service solutions used by healthcare, financial services and government organisations worldwide. This entity itself functions as part of that group's research and development operations rather than as a customer-facing or sales entity.
Generated from the company's website and Companies House records. Sources: citrix.com · citrix.com