Polestar Automotive Holding UK (Polestar Automotive Holding UK) Days Inventory : 140.20 (As of Sep. 2023)

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What is Polestar Automotive Holding UK Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Polestar Automotive Holding UK's Average Total Inventories for the three months ended in Sep. 2023 was $937 Mil. Polestar Automotive Holding UK's Cost of Goods Sold for the three months ended in Sep. 2023 was $610 Mil. Hence, Polestar Automotive Holding UK's Days Inventory for the three months ended in Sep. 2023 was 140.20.

The historical rank and industry rank for Polestar Automotive Holding UK's Days Inventory or its related term are showing as below:

PSNY' s Days Inventory Range Over the Past 10 Years
Min: 93.83 Med: 133.6 Max: 285.11
Current: 108.06

During the past 4 years, Polestar Automotive Holding UK's highest Days Inventory was 285.11. The lowest was 93.83. And the median was 133.60.

PSNY's Days Inventory is ranked worse than
68.02% of 1254 companies
in the Vehicles & Parts industry
Industry Median: 80.76 vs PSNY: 108.06

Polestar Automotive Holding UK's Days Inventory increased from Sep. 2022 (100.43) to Sep. 2023 (140.20). It might indicate that Polestar Automotive Holding UK's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Polestar Automotive Holding UK's Inventory Turnover for the three months ended in Sep. 2023 was 0.65.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Polestar Automotive Holding UK's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.53.

Polestar Automotive Holding UK Days Inventory Historical Data

The historical data trend for Polestar Automotive Holding UK's Days Inventory 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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Polestar Automotive Holding UK Days Inventory Chart

Polestar Automotive Holding UK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

285.11

133.60

93.83

Polestar Automotive Holding UK Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial							100.43	66.48	130.20	114.02	140.20

Competitive Comparison of Polestar Automotive Holding UK's Days Inventory

For the Auto Manufacturers subindustry, Polestar Automotive Holding UK's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Polestar Automotive Holding UK's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Polestar Automotive Holding UK's Days Inventory distribution charts can be found below:

* The bar in red indicates where Polestar Automotive Holding UK's Days Inventory falls into.

Polestar Automotive Holding UK Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Polestar Automotive Holding UK's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (545.743	+	658.559)	/	2 )	/	2342.453	*	365
=	602.151					/	2342.453	*	365
=	93.83

Polestar Automotive Holding UK's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (867.499	+	1005.607)	/	2 )	/	609.581	*	365 / 4
=	936.553					/	609.581	*	365 / 4
=	140.20

Polestar Automotive Holding UK (NAS:PSNY) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Polestar Automotive Holding UK's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	609.581	/	936.553
	=	0.65

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Polestar Automotive Holding UK's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	936.553	/	613.182
	=	1.53

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Polestar Automotive Holding UK Days Inventory Related Terms

Thank you for viewing the detailed overview of Polestar Automotive Holding UK's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Polestar Automotive Holding UK (Polestar Automotive Holding UK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Polestar Automotive Holding UK PLC (NAS:PSNY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PSNYW:USA A4N1:Germany

Address

Assar Gabrielssons Vag 9, Gothenburg, SWE, 405 31

Website

https://www.polestar.com

Polestar Automotive Holding UK PLC operates as an electric vehicle manufacturer. It engages in designing products that are engineered to excite consumers and drive change. Polestar defines market-leading standards in design, technology, and sustainability. Polestar was established as a premium electric car brand by Volvo Cars and Geely Holdings. Polestar has produced two electric performance cars namely Polestar 1 and Polestar 2. Geographically, it derives a majority of revenue from USA.