The Spanish companies of the Agrosevilla Group have adapted their internal processes and their payment term policy to the provisions of Law 15/2010 (modified by Law 31/2014) and Royal Decree Law 4/2013, which amend the Law 3/2004 establishing measures to combat late payment in commercial operations. In this sense, the contracting conditions for commercial suppliers in the 2019/2020 financial year have included payment periods equal to or less than 60 days, in accordance with the terms agreed between the parties.
In accordance with our best estimates made, the average payment period to suppliers of the Agrosevilla Group companies in 2024 and 2023 is detailed below:
| AGRO SEVILLA ACEITUNAS, S.C.A. | ||
|---|---|---|
| AVERAGE PAYMENT TERMS TO SUPPLIERS | 2024 (DAYS) | 2023 (DAYS) |
| AVERAGE PAYMENT PERIOD TO SUPPLIERS | 33.96 | 35.55 |
| RATIO OF PAID TRANSACTIONS | 34.51 | 35.88 |
| RATIO OF OUTSTANDING PAYMENTS | 28.72 | 33,46 |
| AMOUNT (EUROS) | AMOUNT (EUROS) | |
| TOTAL PAYMENTS MADE | 143,294,678.76 | 132,106,904.30 |
| TOTAL OUTSTANDING PAYMENTS | 15,120,218.45 | 20,643,488.32 |
| ACEITES AGRO SEVILLA, S.A.U. | ||
|---|---|---|
| AVERAGE PAYMENT TERMS TO SUPPLIERS | 2024 (DAYS) | 2023 (DAYS) |
| AVERAGE PAYMENT PERIOD TO SUPPLIERS | 29.83 | 34.53 |
| RATIO OF PAID TRANSACTIONS | 29.09 | 33.69 |
| RATIO OF OUTSTANDING PAYMENTS | 54.52 | 63.60 |
| AMOUNT (EUROS) | AMOUNT (EUROS) | |
| TOTAL PAYMENTS MADE | 4,514,589.39 | 6,047,055.66 |
| TOTAL OUTSTANDING PAYMENTS | 135,291.81 | 174,361.38 |
| A.S. COMERCIO Y SERVICIOS, S.A | ||
|---|---|---|
| AVERAGE PAYMENT TERMS TO SUPPLIERS | 2024 (DAYS) | 2023 (DAYS) |
| AVERAGE PAYMENT PERIOD TO SUPPLIERS | 24.98 | 30.06 |
| RATIO OF PAID TRANSACTIONS | 25.11 | 30.89 |
| RATIO OF OUTSTANDING PAYMENTS | 22.71 | 12.94 |
| AMOUNT (EUROS) | AMOUNT (EUROS) | |
| TOTAL PAYMENTS MADE | 1,179,442.60 | 527,521.43 |
| TOTAL OUTSTANDING PAYMENTS | 65,476.38 | 25,733.33 |
