Polestar Automotive Holding UK (PSNYW) Change in Account Payables (2021 - 2023)
Polestar Automotive Holding UK (PSNYW) posted quarterly Change in Account Payables of -$325.3 million for Q3 2023, down 419.56% YoY from $101.8 million in Q3 2022, and down 356.99% sequentially from $126.6 million in Q2 2023.
Polestar Automotive Holding UK (PSNYW) Change in Account Payables (2021 - 2023) Analysis & Trends
Polestar Automotive Holding UK has disclosed Change in Account Payables across 3 years of filings, most recently posting -$325.3 million for Q3 2023.
- In Q3 2023, Change in Account Payables fell 419.56% year-over-year to -$325.3 million; the TTM figure through Sep 2023 stood at -$204.2 million (down 170.6% YoY), while the FY2025 annual figure was -$170.0 million, down 136.56% from the prior year.
- Change in Account Payables declined to -$325.3 million in Q3 2023, from $126.6 million in the prior quarter.
- Over the last five years, Change in Account Payables for PSNYW reached as high as $350.0 million in Q3 2021 and fell as low as -$369.1 million in Q2 2022.
- The 3-year median for Change in Account Payables is $101.8 million (2022), against an average of -$2.4 million.
- The widest YoY moves for Change in Account Payables: up 134.29% in 2023, down 419.56% in 2023.
- A 3-year view of Change in Account Payables shows it stood at $350.0 million in 2021, then tumbled by 70.91% to $101.8 million in 2022, then slumped by 419.56% to -$325.3 million in 2023.
- According to Business Quant data, Change in Account Payables over the past three periods registered -$325.3 million, $126.6 million, and -$107.3 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | - |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 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 | - |
| 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 | -11.11 Mn |
| 10 | Polestar Automotive Holding UK | - | - | -20.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -325.29 Mn |
| Sep 30, 2023 | -325.29 Mn |
| Jun 30, 2023 | 126.58 Mn |
| Jun 30, 2023 | 126.58 Mn |
| Mar 31, 2023 | -107.32 Mn |
| Mar 31, 2023 | -107.32 Mn |
| Sep 30, 2022 | 101.79 Mn |
| Sep 30, 2022 | 101.79 Mn |
| Jun 30, 2022 | -369.12 Mn |
| Jun 30, 2022 | -369.12 Mn |
| Mar 31, 2022 | 206.69 Mn |
| Mar 31, 2022 | 206.69 Mn |
| Dec 31, 2021 | 275.23 Mn |
| Dec 31, 2021 | 275.23 Mn |
| Sep 30, 2021 | 349.96 Mn |
| Sep 30, 2021 | 349.96 Mn |