DIALOG SEMICONDUCTOR LIMITED
Company number: 03505161
Reporting period:
1 July 2023 to
31 December 2023
This report was filed on 26 January 2024
and approved by Julie Pope
Payment statistics
Average time taken to pay invoices: 113 days
Invoices paid:
- within 30 days: 22%
- in 31 to 60 days: 51%
- in 61 days or more: 27%
Invoices due but not paid within agreed terms: 11%
Payment terms
Shortest standard payment periods
60 days
Longest standard payment period
Answer not provided
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?
Answer not provided
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
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, 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.
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