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DIALOG SEMICONDUCTOR (UK) LIMITED

Company number: 01914888

Reporting period:
1 January 2020 to 26 June 2020

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This information is as reported by the business, and responses are in their own words.

This report was filed on 24 July 2020

and approved by Wissam Jabre

Payment statistics

Average time taken to pay invoices: 33 days

Invoices paid:

• within 30 days: 34%
• in 31 to 60 days: 55%
• in 61 days or more: 11%

Invoices due but not paid within agreed terms: 4 %

Payment terms

Standard payment period for qualifying contracts

60 days

Standard payment terms

Our standard payment terms are 60 days from the receipt of a valid invoice quoting the purchase order number and, where relevant, accompanied by any agreed supporting documentation. Our standard payment terms apply to all purchase orders unless otherwise agreed in writing with the supplier.

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

60 days

Any other information about payment terms

N/A

Dispute resolution process

All queries concerning outstanding invoices or payments made should be raised in the first instance with the relevant procurement contact/buyer who is identified on the purchase order. Where appropriate, that person will refer the matter to the Accounts Payable team. If the matter cannot be resolved by the Accounts Payable team, it will be escalated within the company and our Legal team will be involved, if necessary.

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

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.

No

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