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Covestro AG (Covestro AG) Payments to Suppliers for Goods and Services


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What is Covestro AG Payments to Suppliers for Goods and Services?

Payments to Suppliers for Goods and Services only applicable to companies reporting Cash Flow from Operations in direct method.


Covestro AG (Covestro AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Covestro AG (OTCPK:COVTY) » Definitions » Payments to Suppliers for Goods and Services
Address
Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373
Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for Covestro's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.