Polestar Automotive Holding UK (Polestar Automotive Holding UK) Total Inventories : $1,006 Mil (As of Sep. 2023)

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What is Polestar Automotive Holding UK Total Inventories?

Polestar Automotive Holding UK's total inventories for the quarter that ended in Sep. 2023 was $1,006 Mil. Polestar Automotive Holding UK's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $937 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Polestar Automotive Holding UK's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-1.60.

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.

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 quarter that ended in Sep. 2023 was 1.53.

Polestar Automotive Holding UK Total Inventories Historical Data

The historical data trend for Polestar Automotive Holding UK's Total Inventories 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 Total Inventories Chart

Polestar Automotive Holding UK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Total Inventories

432.53

545.74

658.56

Polestar Automotive Holding UK Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Inventories	Get a 7-Day Free Trial							686.57	658.56	847.03	867.50	1,005.61

Polestar Automotive Holding UK Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Polestar Automotive Holding UK (NAS:PSNY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Polestar Automotive Holding UK's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(951.088	+	0.75 * 257.483	+	0.5 * 1005.607	-	5015.397
-	0	-	0)	/	2110.18
=	-1.60

2. 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

3. 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

4. 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 quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	936.553	/	613.182
	=	1.53

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Polestar Automotive Holding UK Total Inventories 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 » Total Inventories

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.