Polestar Automotive Holding UK (PLSAY) Change in Receivables (2021 - 2023)
Polestar Automotive Holding UK (PLSAY) posted quarterly Change in Receivables of -$43.7 million for Q4 2023, up 74.37% YoY from -$25.1 million in Q4 2022, and up 74.78% sequentially from -$173.4 million in Q3 2023.
Polestar Automotive Holding UK (PLSAY) Change in Receivables (2021 - 2023) Analysis & Trends
Polestar Automotive Holding UK has disclosed Change in Receivables across 3 years of filings, most recently posting -$43.7 million for Q4 2023.
- In Q4 2023, Change in Receivables rose 74.37% year-over-year to -$43.7 million; the TTM figure through Dec 2023 stood at -$156.9 million (up 26.76% YoY), while the FY2025 annual figure was -$134.0 million, down 257.65% from the prior year.
- Change in Receivables grew to -$43.7 million in Q4 2023, from -$173.4 million in the prior quarter.
- Over the last five years, Change in Receivables for PLSAY reached as high as $133.1 million in Q1 2023 and fell as low as -$173.4 million in Q3 2023.
- The 3-year median for Change in Receivables is -$56.5 million (2022), against an average of -$50.1 million.
- Annual changes were most pronounced in 2022 — Change in Receivables plunged 452.33% — and 2023, when it soared 204.73%.
- A 3-year view of Change in Receivables shows it stood at -$150.1 million in 2021, then declined by 13.75% to -$170.7 million in 2022, then soared by 74.37% to -$43.7 million in 2023.
- According to Business Quant data, Change in Receivables over the past three periods registered -$43.7 million, -$173.4 million, and -$72.8 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | -561.00 Mn |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 1.54 Bn |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | - |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | - |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | -211.00 Mn |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | - |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | - |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | - |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | -44.84 Mn |
| 10 | Polestar Automotive Holding UK | - | - | -20.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -43.75 Mn |
| Dec 31, 2023 | -43.75 Mn |
| Sep 30, 2023 | -173.45 Mn |
| Sep 30, 2023 | -173.45 Mn |
| Jun 30, 2023 | -72.79 Mn |
| Jun 30, 2023 | -72.79 Mn |
| Mar 31, 2023 | 133.12 Mn |
| Mar 31, 2023 | 133.12 Mn |
| Dec 31, 2022 | -170.71 Mn |
| Dec 31, 2022 | -170.71 Mn |
| Sep 30, 2022 | -69.16 Mn |
| Sep 30, 2022 | -69.16 Mn |
| Jun 30, 2022 | -17.99 Mn |
| Jun 30, 2022 | -17.99 Mn |
| Mar 31, 2022 | 43.68 Mn |
| Mar 31, 2022 | 43.68 Mn |
| Dec 31, 2021 | -150.07 Mn |
| Dec 31, 2021 | -150.07 Mn |
| Sep 30, 2021 | 19.63 Mn |
| Sep 30, 2021 | 19.63 Mn |