JOHN WILEY & SONS LIMITED
Company number: 00641132
Reporting period:
1 May 2023
to 31 October 2023
This report was filed on 28 November 2023
and approved by Rosamund Johnson
Payment statistics
Average time taken to pay invoices: 40 days
Invoices paid:
- within 30 days: 55%
- in 31 to 60 days: 42%
- in 61 days or more: 3%
Invoices due but not paid within agreed terms: 15 %
Payment terms
Shortest standard payment period
1 days
Longest standard payment period
90 days
Standard payment terms
Our most standard terms are 30 days
Were there any changes to the standard payment terms in the reporting period?
No
Maximum contractual payment period agreed
60 days
N/A
Any other information about payment terms
N/A
Dispute resolution process
Our suppliers have clear contact details for our Accounts Payable Department. They can contact the company via email or phone if they have a complaint or dispute. The company makes every attempt to ensure complaints are dealt with in a timely manner.
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.
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