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Average period of payment to suppliers

In relation to the Spanish Accounting and Audit Institute (ICAC) Resolution of 29 January 2016 on the disclosures to be included in notes to financial statements, the average period of payment to suppliers of the Spanish companies forming part of the Acerinox Group, having deducted the payments made to Group companies, is as follows:

 

2022

2021

Days

Days

Average period of payment to suppliers

 63 days

63 days

Ratio of transactions settled

62 days

64 days

Ratio of transactions not yet settled

80 days

58 days

 

 

(Data in thousands of euros)

Amount

Amount

Total payments made

2,384,319

1,501,556

Total payments outstanding

189,759

303,307