Porsche Automobil Holding SE (XTER:PAH3) Accounts Payable & Accrued Expense : €13 Mil (As of Sep. 2024)

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What is Porsche Automobil Holding SE Accounts Payable & Accrued Expense?

Porsche Automobil Holding SE's quarterly accounts payable & accrued expense increased from Mar. 2024 (€7 Mil) to Jun. 2024 (€14 Mil) but then declined from Jun. 2024 (€14 Mil) to Sep. 2024 (€13 Mil).

Porsche Automobil Holding SE's annual accounts payable & accrued expense increased from Dec. 2021 (€2 Mil) to Dec. 2022 (€14 Mil) but then declined from Dec. 2022 (€14 Mil) to Dec. 2023 (€4 Mil).

Porsche Automobil Holding SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for Porsche Automobil Holding SE's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Porsche Automobil Holding SE Accounts Payable & Accrued Expense Chart

Porsche Automobil Holding SE Annual Data

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Accounts Payable & Accrued Expense

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Porsche Automobil Holding SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															9.00	4.00	7.00	14.00	13.00

Porsche Automobil Holding SE Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Porsche Automobil Holding SE Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Porsche Automobil Holding SE (XTER:PAH3) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

POAHY:USA POAHF:USA 1PAH:Italy PAH3d:UK 0JHU:UK PAH3:Bulgaria PAH3:Austria

Address

Porscheplatz 1, Stuttgart, BW, DEU, 70435

Website

https://www.porsche-se.com

Porsche Automobil Holding SE is an automotive holdings company. The company's core investment is a controlling stake in Volkswagen AG. Through this stake, Porsche SE has an interest in passenger and luxury car manufacturers which include Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, and Porsche; motorcycles under the Ducati brand name; and commercial vehicles under Volkswagen Commercial Vehicles, Scania, and MAN. In addition to the automobile manufacturers, this core investment provides Porsche Automobil exposure to the Volkswagen Financial Services financing business. Porsche SE also has a minority stake in technology company INRIX, a company that provides connected-car services and real-time traffic information.

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