Polestar Automotive Holding UK (Polestar Automotive Holding UK) Change In Receivables : $-290 Mil (TTM As of Sep. 2023)

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What is Polestar Automotive Holding UK Change In Receivables?

Polestar Automotive Holding UK's change in receivables for the quarter that ended in Sep. 2023 was $-185 Mil. It means Polestar Automotive Holding UK's Accounts Receivable increased by $185 Mil from Jun. 2023 to Sep. 2023 .

Polestar Automotive Holding UK's change in receivables for the fiscal year that ended in Dec. 2022 was $-220 Mil. It means Polestar Automotive Holding UK's Accounts Receivable increased by $220 Mil from Dec. 2021 to Dec. 2022 .

Polestar Automotive Holding UK's Accounts Receivable for the quarter that ended in Sep. 2023 was $257 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Polestar Automotive Holding UK's Days Sales Outstanding for the three months ended in Sep. 2023 was 38.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Polestar Automotive Holding UK's liquidation value for the three months ended in Sep. 2023 was $-3,368 Mil.

Polestar Automotive Holding UK Change In Receivables Historical Data

The historical data trend for Polestar Automotive Holding UK's Change In Receivables 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 Change In Receivables Chart

Polestar Automotive Holding UK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Change In Receivables

-62.32

-268.00

48.57

-220.12

Polestar Automotive Holding UK Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial							-69.16	-176.66	133.12	-60.75	-185.49

Polestar Automotive Holding UK Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-290 Mil.

Polestar Automotive Holding UK (NAS:PSNY) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	257.483	/	613.182	*	91
=	38.32

2. In Ben Graham's calculation of liquidation value, Polestar Automotive Holding UK's accounts receivable are only considered to be worth 75% of book value:

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	951.088	-	5015.397	+	0.75 * 257.483	+	0.5 * 1005.607
=	-3,368

Polestar Automotive Holding UK Change In Receivables 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 » Change In Receivables

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.