Dr. Ing. h.c. F. Porsche AG (CHIX:P911D) Days Payable : 50.62 (As of Mar. 2024)

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What is Dr. Ing. h.c. F. Porsche AG Days Payable?

Dr. Ing. h.c. F. Porsche AG's average Accounts Payable for the three months ended in Mar. 2024 was €3,714 Mil. Dr. Ing. h.c. F. Porsche AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €6,694 Mil. Hence, Dr. Ing. h.c. F. Porsche AG's Days Payable for the three months ended in Mar. 2024 was 50.62.

The historical rank and industry rank for Dr. Ing. h.c. F. Porsche AG's Days Payable or its related term are showing as below:

CHIX:P911d' s Days Payable Range Over the Past 10 Years
Min: 35.94 Med: 41.37 Max: 61.4
Current: 49.42

During the past 6 years, Dr. Ing. h.c. F. Porsche AG's highest Days Payable was 61.40. The lowest was 35.94. And the median was 41.37.

CHIX:P911d's Days Payable is ranked worse than
65.38% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 66.92 vs CHIX:P911d: 49.42

Dr. Ing. h.c. F. Porsche AG's Days Payable increased from Mar. 2023 (40.03) to Mar. 2024 (50.62). It may suggest that Dr. Ing. h.c. F. Porsche AG delayed paying its suppliers.

Dr. Ing. h.c. F. Porsche AG Days Payable Historical Data

The historical data trend for Dr. Ing. h.c. F. Porsche AG's Days Payable 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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Dr. Ing. h.c. F. Porsche AG Days Payable Chart

Dr. Ing. h.c. F. Porsche AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.08

42.42

35.94

36.02

40.31

Dr. Ing. h.c. F. Porsche AG Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										40.03	49.37	53.73	45.82	50.62

Competitive Comparison of Dr. Ing. h.c. F. Porsche AG's Days Payable

For the Auto Manufacturers subindustry, Dr. Ing. h.c. F. Porsche AG's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dr. Ing. h.c. F. Porsche AG's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dr. Ing. h.c. F. Porsche AG's Days Payable distribution charts can be found below:

* The bar in red indicates where Dr. Ing. h.c. F. Porsche AG's Days Payable falls into.

Dr. Ing. h.c. F. Porsche AG Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Dr. Ing. h.c. F. Porsche AG's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2899	+	3490)	/	2 )	/	28923	*	365
=	3194.5					/	28923	*	365
=	40.31

Dr. Ing. h.c. F. Porsche AG's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3490	+	3937)	/	2 )	/	6694	*	365 / 4
=	3713.5					/	6694	*	365 / 4
=	50.62

Dr. Ing. h.c. F. Porsche AG Days Payable Related Terms

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Dr. Ing. h.c. F. Porsche AG (CHIX:P911D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dr. Ing. h.c. F. Porsche AG (CHIX:P911d) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DRPRY:USA DRPRF:USA P911:Germany P911:Austria

Address

Porscheplatz 1, Stuttgart, BW, DEU, 70435

Website

https://www.porsche.com

Porsche engineers and manufactures premium and luxury sports cars and sports crossovers. The Porsche brand is synonymous with motorsports, German engineering, and fast, fun to drive, sports cars. The firm also has a captive finance company that provides funding for dealers and customers. In 2022, there were nearly 310,000 Porsche vehicles delivered to customers with about 30% going to China, 30% to Europe, 26% to North America, and 14% to rest of world.

Dr. Ing. h.c. F. Porsche AG (CHIX:P911D) Headlines

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