Average Payment Period to Suppliers
Average Payment Period to Suppliers
The average payment period to suppliers as of the 31st December 2023 was 35 days (36 days in 2022), required by the final provision two of Law 31/2014 of December 3, 2014, was calculated in accordance with the related resolution issued by the Spanish Audit and Accounting Institute (ICAC) on January 29, 2016, regarding the information to be disclosed in the financial statement notes in relation to the average term of payment to trade suppliers.
