Average period of payment to suppliers
The total amount of payments made to suppliers in the year, with detailed information on payment deadlines in accordance with the maximum legal payment deadlines established by Law 15/2010, of 5 July, establishing measures to combat late payment in commercial operations in Spain, is as follows:
¹ Calculated taking into consideration the amounts paid and the amounts pending payment
² Average period for payment for the operations paid in the year.
³ Average age of supplier balances pending payment.
| 2020 | 2019 | |
|---|---|---|
| Average period of payment to suppliers¹ (days) | 22 | 23 |
| Proportion of operations paid² (days) | 22 | 23 |
| Proportion of operations pending payment³ (days) | 22 | 24 |
| Total payments made in the year (in millions of €) | 8,681 | 11,027 |
| Total payments pending (in millions of €) | 243 | 314 |
² Average period for payment for the operations paid in the year.
³ Average age of supplier balances pending payment.