How long does Boots UK Limited take to pay its suppliers?

Standard payment terms

With respect to goods purchased for resale (GFR): Payment will be made by Boots in the weekly payment run that follows the 75th day (or following business day should this fall on a weekend or public holiday) after the end of the month of the later of: (i) the date of invoice; (ii) the date of receipt of a valid invoice; and (iii) the date on which we receive the relevant goods and services in full. Boots will make a deduction of 2.5% of the invoice value after VAT for payment made by that date. With respect to goods and services not for resale (GNFR): Boots standard settlement terms are 2.5% 105 days end of month. This means that payment will be made on the 105th day (or following business day should this fall on a weekend or public holiday) after the end of the month of invoice, with

Dispute resolution

Our purchase orders contain contact details (email and/or telephone) for the relevant help desk or department to which payment queries should be directed by suppliers. All queries are managed in accordance with our internal processes and dealt with as quickly as possible.

Other information

The average payment days for Boots UK is 30 which is lower than the standard reported terms owing to: 1) The high volume of payments made to Group Companies, which are typically made on much shorter terms than third party suppliers and, 2) Suppliers on non-standard trading terms who have individually negotiated contracts.