AVON COSMETICS LIMITED
Company number: 00592235
Reporting period:
1 July 2024 to 31 December 2024
Report filed on:
17 July 2025
Approved by:
Brian Horn
Payment statistics
Average time taken to pay invoices: 52 days
Invoices paid:
- within 30 days: 34%
- in 31 to 60 days: 30%
- in 61 days or more: 36%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 70%
Payment terms
Shortest standard payment periods
90 days
Longest standard payment period
Answer not provided
Standard payment terms
90 days from date of invoice
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
120 days
No further comment provided
Any other information about payment terms
The drop in score reflects the period in which Avon Products Inc. (API), the non-operational U.S.-based holding company, navigated its Chapter 11 court process. Following this process, Avon’s non-U.S. operations are completely separated from API, resulting in a much healthier ownership structure as part of Natura&Co. Because of the regulatory constraints on reporting, the paid-on-time data does not reflect that, for payments made in the same period (H2 2024), 69% were made within one week of invoice due date and 80% within two weeks. Paying suppliers on time is a key target metric for Avon and we will continue to closely monitor going forward.
Dispute resolution process
Not formally documented
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 Fair 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.
Yes
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