Polestar Automotive Holding UK (Polestar Automotive Holding UK) Days Payable : 123.50 (As of Sep. 2023)

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What is Polestar Automotive Holding UK Days Payable?

Polestar Automotive Holding UK's average Accounts Payable for the three months ended in Sep. 2023 was $825 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 Payable for the three months ended in Sep. 2023 was 123.50.

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

PSNY' s Days Payable Range Over the Past 10 Years
Min: 122.21 Med: 367.01 Max: 755.02
Current: 122.21

During the past 4 years, Polestar Automotive Holding UK's highest Days Payable was 755.02. The lowest was 122.21. And the median was 367.01.

PSNY's Days Payable is ranked better than
79.18% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs PSNY: 122.21

Polestar Automotive Holding UK's Days Payable declined from Sep. 2022 (194.24) to Sep. 2023 (123.50). It may suggest that Polestar Automotive Holding UK accelerated paying its suppliers.

Polestar Automotive Holding UK Days Payable Historical Data

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

Polestar Automotive Holding UK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

755.02

367.01

202.40

Polestar Automotive Holding UK Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial							194.24	95.83	178.56	128.39	123.50

Competitive Comparison of Polestar Automotive Holding UK's Days Payable

For the Auto Manufacturers subindustry, Polestar Automotive Holding UK'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.

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

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

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

Polestar Automotive Holding UK 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.

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

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1541.974	+	1055.955)	/	2 )	/	2342.453	*	365
=	1298.9645					/	2342.453	*	365
=	202.40

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

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (921.632	+	728.433)	/	2 )	/	609.581	*	365 / 4
=	825.0325					/	609.581	*	365 / 4
=	123.50

Polestar Automotive Holding UK Days Payable Related Terms

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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 Payable

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.