GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dr. Ing. h.c. F. Porsche AG (LTS:09II) » Definitions » Payments to Suppliers for Goods and Services

Dr. Ing. h.c. F. Porsche AG (LTS:09II) Payments to Suppliers for Goods and Services


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What is Dr. Ing. h.c. F. Porsche 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.

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

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dr. Ing. h.c. F. Porsche AG (LTS:09II) » Definitions » Payments to Suppliers for Goods and Services
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XTER:BMW XTER:VOW3 XTER:MBG XTER:PAH3 FRA:ARI TSLA TSE:7203 SZSE:002594 MIL:RACE GM NSE:MARUTI NSE:M&M TSE:7267 F NSE:TATAMOTORS SHSE:601127 XKRX:005380 LI BOM:532977 MIL:STLAM
Traded in Other Exchanges
DRPRY:USA DRPRF:USA 1PORS:Italy P911d:UK P911:Germany P911:Austria
Address
Porscheplatz 1, Stuttgart, BW, DEU, 70435
Website
https://www.porsche.com
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 311,000 vehicles in 2024 at an average price of EUR 129,000. Europe, North America, mainland China including Hong Kong, and the rest of the world accounted for 36%, 28%, 18%, and 18% of volumes in 2024, 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%.