LLWR payment performance 2023 to 2024
Updated 11 July 2024
漏 Crown copyright 2024
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This publication is available at /government/publications/nws-payment-performance-report/llwr-payment-performance-2023-to-2024
The figures included in the report highlight our promptness in paying our suppliers and are expressed in numbers of payments made within 5 days of due date, within 30 days and payments made over 30 days late.
The performance figures are also expressed in monetary terms.
Number of payments made
| LLWR payment performance FY 23/24 | QTR1 | QTR2 | QTR3 | QTR4 | FY 2024 |
|---|---|---|---|---|---|
| Paid within 5 days of receipt | 66 | 34 | 36 | 51 | 187 |
| Paid within 6 to 30 days of receipt | 566 | 775 | 660 | 643 | 2,644 |
| Paid within 0 to 30 days of receipt sub total | 632 | 809 | 696 | 694 | 2,831 |
| Paid after 30 days of receipt | 152 | 65 | 129 | 267 | 613 |
| Total Invoices paid | 784 | 874 | 825 | 961 | 3,444 |
Percentage based on number of invoices processed
| LLWR payment performance FY 23/24 | QTR1 | QTR2 | QTR3 | QTR4 | FY 2024 |
|---|---|---|---|---|---|
| Paid within 5 days of receipt | 8% | 4% | 4% | 5% | 5% |
| Paid within 6 to 30 days of receipt | 72% | 89% | 80% | 67% | 77% |
| Paid within 0 to 30 days of receipt sub total | 81% | 93% | 84% | 72% | 82% |
| Paid after 30 days of receipt | 19% | 7% | 16% | 28% | 18% |
Value of payments made
| LLWR payment performance FY 23/24 | QTR1 | QTR2 | QTR3 | QTR4 | FY 2024 |
|---|---|---|---|---|---|
| Paid within 5 days of receipt | 拢997,284.39 | 拢830,536.23 | 拢348,970.17 | 拢622,983.66 | 拢2,799,774.45 |
| Paid within 6 to 30 days of receipt | 拢15,603,008.43 | 拢17,922,217.37 | 拢18,343,698.83 | 拢23,103,143.28 | 拢74,972,067.91 |
| Paid within 0 to 30 days of receipt sub total | 拢16,600,292.82 | 拢18,752,753.60 | 拢18,692,669.00 | 拢23,726,126.94 | 拢77,771,842.36 |
| Paid after 30 days of receipt | 拢1,000,467.31 | 拢7,453,717.85 | 拢9.760,217.58 | 拢5,404,732.07 | 拢23,619,134.81 |
| Total Invoices paid | 拢17,600,760.13 | 拢26,206,471,45 | 拢28,452,886.58 | 拢29,130,859.01 | 拢101,390,977.17 |
Percentage based on value of invoices paid
| LLWR payment performance FY 23/24 | QTR1 | QTR2 | QTR3 | QTR4 | FY 2024 |
|---|---|---|---|---|---|
| Paid within 5 days of receipt | 6% | 3% | 1% | 2% | 3% |
| Paid within 6 to 30 days of receipt | 89% | 68% | 64% | 79% | 74% |
| Paid within 0 to 30 days of receipt sub total | 94% | 72% | 66% | 81% | 77% |
| Paid after 30 days of receipt | 6% | 28% | 34% | 19% | 23% |