Average payment period to suppliers
In relation to Law 15/2010 of 5 July 2010, which has been amended by Law 18/2022, which establishes measures to combat late payments in commercial transactions, the detail of payments for commercial transactions made during the year and pending payment at 31 December 2022 is as follows:
Days | 2023 | 2022 |
Average supplier payment period | 19 | 56 |
Transactions paid ratio | 23 | 59 |
Transactions payable ratio | 59 | 45 |
In millions of euros | 2023 | 2022 |
Total payments made | 42.8 | 91.7 |
Total payments outstanding | 7.1 | 61.8 |
In thousands of euros / % | 2023 | 2022 |
Amount of invoices paid within 60 days | 41,743 | 46,162 |
Number of invoices paid within 60 days | 1,491 | 16,712 |
Number of invoices paid within 60 days as % of total invoices paid | 84.67% | 56.73% |
Amount of invoices paid within 60 days as % of amount of invoices paid | 97.60% | 66.38% |