QUALCOMM TECHNOLOGIES INTERNATIONAL, LTD.

Company number: 03665875

Reporting period:
25 September 2023 to 24 March 2024

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

This report was filed on 17 April 2024

and approved by Kathryn Turner

Payment statistics

Average time taken to pay invoices: 50 days

Invoices paid:

within 30 days: 29%
in 31 to 60 days: 52%
in 61 days or more: 19%

Invoices due but not paid within agreed terms: 80%

Payment terms

Shortest standard payment periods

60 days

Longest standard payment period

Answer not provided

Standard payment terms

60 days

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

75 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.

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?