Polestar Automotive Holding UK (Polestar Automotive Holding UK) COGS-to-Revenue : 0.99 (As of Sep. 2023)

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What is Polestar Automotive Holding UK COGS-to-Revenue?

Polestar Automotive Holding UK's Cost of Goods Sold for the three months ended in Sep. 2023 was $610 Mil. Its Revenue for the three months ended in Sep. 2023 was $613 Mil.

Polestar Automotive Holding UK's COGS to Revenue for the three months ended in Sep. 2023 was 0.99.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Polestar Automotive Holding UK's Gross Margin % for the three months ended in Sep. 2023 was 0.59%.

Polestar Automotive Holding UK COGS-to-Revenue Historical Data

The historical data trend for Polestar Automotive Holding UK's COGS-to-Revenue 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 COGS-to-Revenue Chart

Polestar Automotive Holding UK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

0.43

0.91

1.00

0.95

Polestar Automotive Holding UK Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial							0.99	0.94	0.97	1.00	0.99

Polestar Automotive Holding UK COGS-to-Revenue Calculation

Polestar Automotive Holding UK's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2342.453	/	2461.896
	=	0.95

Polestar Automotive Holding UK's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	609.581	/	613.182
	=	0.99

Polestar Automotive Holding UK (NAS:PSNY) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Polestar Automotive Holding UK's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	609.581 / 613.182
	=	0.59 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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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 » COGS-to-Revenue

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.