QUALCOMM TECHNOLOGIES INTERNATIONAL, LTD.
Company number: 03665875
Reporting period:
25 September 2017 to
24 March 2018
This report was filed on 11 April 2018
and approved by Gordon Rowe
Payment statistics
Average time taken to pay invoices: 42 days
Invoices paid:
- within 30 days: 30%
- in 31 to 60 days: 60%
- in 61 days or more: 10%
Invoices due but not paid within agreed terms: 84%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
60 days
Were there any changes to the standard payment terms in the reporting period?
Payment terms were extended from 30 to 60 for certain suppliers as standard terms in new contracts.
Were suppliers notified or consulted about these changes before they were made?
Payment terms were extended from 30 to 60 for certain suppliers as standard terms in new contracts.
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
N/A
Dispute resolution process
Complaints or concerns should be raised in the first instance with the Accounts Payable team, for which all suppliers have contact details. The Accounts Payable team will escalate where applicable. Accounts payable use a query management system and assign queries to relevant personnel. Dispute resolution is then conducted in house by assigned personnel. This is completed on a timely basis. Suppliers may be contacted when appropriate.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
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.
Yes
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.
No
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?
No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No