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Polestar Automotive Holding UK (Polestar Automotive Holding UK) Inventory-to-Revenue : 1.53 (As of Sep. 2023)


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

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 Average Total Inventories for the quarter that ended in Sep. 2023 was $937 Mil. Polestar Automotive Holding UK's Revenue for the three months ended in Sep. 2023 was $613 Mil. Polestar Automotive Holding UK's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.53.

Polestar Automotive Holding UK's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Jun. 2023 (1.25) to Jun. 2023 (1.53)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

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 three months ended in Sep. 2023 was 140.20.

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


Polestar Automotive Holding UK Inventory-to-Revenue Historical Data

The historical data trend for Polestar Automotive Holding UK's Inventory-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.

* Premium members only.

Polestar Automotive Holding UK Inventory-to-Revenue Chart

Polestar Automotive Holding UK Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
- 0.71 0.37 0.25

Polestar Automotive Holding UK Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 0.68 1.38 1.25 1.53

Competitive Comparison of Polestar Automotive Holding UK's Inventory-to-Revenue

For the Auto Manufacturers subindustry, Polestar Automotive Holding UK's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

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

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



Polestar Automotive Holding UK Inventory-to-Revenue Calculation

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 fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (545.743 + 658.559) / 2 ) / 2461.896
=602.151 / 2461.896
=0.24

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

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (867.499 + 1005.607) / 2 ) / 613.182
=936.553 / 613.182
=1.53

* 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.


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

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. 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 three months ended in Sep. 2023 is calculated as:

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

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

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

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=609.581 / 936.553
=0.65

* 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.


Polestar Automotive Holding UK Inventory-to-Revenue Related Terms

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

Traded in Other Exchanges
Address
Assar Gabrielssons Vag 9, Gothenburg, SWE, 405 31
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.