Average Supplier Payment Period
Below is detailed the information required by the final provision two of Law 31/2014, of 3 December (amended by the additional provision three of Law 18/2022, of 28 September), prepared in accordance with the ICAC Resolution of 29 January 2016, on the information to be included in the annual accounts report regarding the average payment period to suppliers in commercial transactions.
| DAYS (per year) | |||
|---|---|---|---|
| Year 2023 | Year 2022 | ||
| Average payment period to suppliers | 77,76 | 85,50 | |
| Paid operations ratio | 75,94 | 85,53 | |
| Outstanding payment operations ratio | 83,43 | 85,43 | |
| THOUSANDS OF € | |||
|---|---|---|---|
| Total payments made | 1.316.672 € | 887.789 € | |
| Total outstanding payments | 424.205 € | 373.357 € | |
Invoices paid to suppliers within a period shorter than the legal maximum
| Thousands of € | Number of Invoices | % On the total of payments | % On the total of invoices |
|---|---|---|---|
| 398.084 | 102.530 | 30% | 27% |
| Thousands of € | 398.084 |
| Number of Invoices | 102.530 |
| % On the total of payments | 30% |
| % On the total of invoices | 27% |
In accordance with the ICAC Resolution, for the calculation of the average payment period to suppliers, commercial transactions related to the delivery of goods or provision of services accrued since the effective date of Law 31/2014, of 3 December, have been considered.
The maximum legal payment term applicable to national companies in the 2023 financial year, according to Law 3/2004, of 29 December, which establishes measures to combat late payment in commercial transactions and in accordance with the transitional provisions established in Law 15/2010, of 5 July, is 60 days, unless a payment date or term has not been agreed, in which case it will be 30 days.