Payment of supplier invoices from June 2022 to January 2023

Freedom of information request reference no: 01.FOI.23.031176

I note you seek access to the following information:

Payment of Supplier Invoices For the period between June 2022 and January 2023, please provide the statistics as follows:

• The average number of days taken to make payments of invoices, measured from the date of receipt of invoice or other notice to the date the cash is received by the supplier

• The percentage of payments made within the reporting period which were paid in 30 days or fewer, between 31 and 60 days, and in 61 days or longer

• The percentage of payments due within the reporting period which were not paid within the agreed payment period.

Decision

I have today decided to disclose the located information to you in full.

Please find below information pursuant to your request above.

Between 1 June 2022 and 31 January 2023:

- The average number of days taken to make payments of invoices, measured from the date of receipt of invoice or other notice to the date the cash is received by the supplier

15.545 days on average from the date the invoice was received to the date payment was made.

- The percentage of payments made within the reporting period which were paid in 30 days or fewer, between 31 and 60 days, and in 61 days or longer.

Paid in 30 days or fewer: 92.3% (84801 out of 91908 invoices were paid within 30 days)
Paid between 31-60 days: 3.5% (3186 out of 91908 were paid between 31 and 60 days)
Paid in 61+ days: 4.2% (3921 out of 91908 invoices were paid after 61 days).

- The percentage of payments due within the reporting period which were not paid within the agreed payment period –

22.3% (20466 out of 91908 invoices were not paid within the agreed payment terms)