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Dr. Ing. h.c. F. Porsche AG (CHIX:P911D) Days Payable : 39.41 (As of Dec. 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 Dec. 2024 was €3,661 Mil. Dr. Ing. h.c. F. Porsche AG's Cost of Goods Sold for the three months ended in Dec. 2024 was €8,476 Mil. Hence, Dr. Ing. h.c. F. Porsche AG's Days Payable for the three months ended in Dec. 2024 was 39.41.

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: 42.12   Max: 61.4
Current: 45.71

During the past 7 years, Dr. Ing. h.c. F. Porsche AG's highest Days Payable was 61.40. The lowest was 35.94. And the median was 42.12.

CHIX:P911d's Days Payable is ranked worse than
69.04% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 65.42 vs CHIX:P911d: 45.71

Dr. Ing. h.c. F. Porsche AG's Days Payable declined from Dec. 2023 (45.82) to Dec. 2024 (39.41). It may suggest that Dr. Ing. h.c. F. Porsche AG accelerated 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.

* Premium members only.

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 Dec24
Days Payable
Get a 7-Day Free Trial 42.42 35.94 36.02 40.31 42.12

Dr. Ing. h.c. F. Porsche AG Quarterly Data
Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.82 50.62 47.21 50.81 39.41

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. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (3490 + 3378) / 2 ) / 29755*365
=3434 / 29755*365
=42.12

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

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (3943 + 3378) / 2 ) / 8476*365 / 4
=3660.5 / 8476*365 / 4
=39.41

* 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.


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

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Dr. Ing. h.c. F. Porsche AG Business Description

Address
Porscheplatz 1, Stuttgart, BW, DEU, 70435
Porsche designs, engineers, and manufactures premium cars synonymous with its racing history heritage, engineering mastery, sporty design, and driving experience. Porsche is uniquely positioned in that its brand is associated with luxury. However, it produces cars on a much larger scale than its superluxury peers. Porsche sold 320,000 vehicles in 2023 at an average price of EUR 127,000. Europe, North America, mainland China including Hong Kong, and the rest of the world accounted for 34%, 30%, 24%, and 14% of revenue in 2023, respectively. Ninety-two percent of revenue is generated from the sale of cars and related services, with the remainder from its captive finance arm. Porsche's equity is tightly held with Volkswagen owning 75.4% and Porsche SE (the Porsche/Piëch family) owning 12.5%.

Dr. Ing. h.c. F. Porsche AG Headlines

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