# Is it normal for a large company to have a standing policy of paying its suppliers in 90 days? 120 days?

**URL:** <https://boards.straightdope.com/t/is-it-normal-for-a-large-company-to-have-a-standing-policy-of-paying-its-suppliers-in-90-days-120-days/990160>\
**Category:** In My Humble Opinion\
**Created:** [September 15, 2023, 1:10pm UTC](https://boards.straightdope.com/t/is-it-normal-for-a-large-company-to-have-a-standing-policy-of-paying-its-suppliers-in-90-days-120-days/990160 "2023-09-15T13:10:32Z")\
**Posts on this page:** 1\
**Showing post:** 6

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**Author:** ![TriPolar](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/tripolar/32/3008_2.png) [@TriPolar](https://boards.straightdope.com/u/TriPolar)\
**Post date:** [September 15, 2023, 2:31pm UTC](https://boards.straightdope.com/t/is-it-normal-for-a-large-company-to-have-a-standing-policy-of-paying-its-suppliers-in-90-days-120-days/990160/6 "2023-09-15T14:31:19Z")

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Even when the policy is Net 30 payment in actual practice it can extend to 90 days or longer. Here’s my post from 11 years ago on this practice:

> [@Net 30 terms; when do you pay?](https://boards.straightdope.com/t/net-30-terms-when-do-you-pay/640135/26):
>
> Net 30 means that in 30 days you can call and ask why you haven’t been paid. You’ll be told that since 30 days have passed the bill will be submitted to accounts payable. In a week or two AP will process the bill and set a payment date for the next scheduled payment date based on approval by management. When that payment date arrives (perhaps another 30 days) management will have some questions about the work performed and payment will be rescheduled after those concerns are addressed. When that is done the next payment date will be scheduled again, probably another 30 days, and when that day arrives you can call and ask where your money is and you’ll be told checks are cut on some upcoming date (don’t worry, it’s probably only around 15 more days now). The check will be cut but not sent out until you call again. Expect another 10 - 15 days for the check to actually be mailed. So maybe after 90-100 days you’ll get paid.

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