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Tesla Motors Inc (NAS:TSLA)
Days Inventory
102.62 (As of Sep. 2014)

Tesla Motors Inc's average inventory for the three months ended in Sep. 2014 was $675 Mil. Tesla Motors Inc's cost of goods sold for the three months ended in Sep. 2014 was $600 Mil. Hence, Tesla Motors Inc's days inventory for the three months ended in Sep. 2014 was 102.62.

Tesla Motors Inc's days inventory increased from Sep. 2013 (83.68) to Sep. 2014 (102.62). It might indicate that Tesla Motors Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Tesla Motors Inc's days sales of inventory (DSI) for the three months ended in Sep. 2014 was 72.28.

Inventory turnover measures how fast the company turns over its inventory within a year. Tesla Motors Inc's inventory turnover for the three months ended in Sep. 2014 was 0.89.

Inventory to revenue ratio 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. Tesla Motors Inc's inventory to revenue ratio for the three months ended in Sep. 2014 was 0.79.


Definition

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Tesla Motors Inc's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

Days Inventory
=( (Inventory (A: Dec. 2012 )+Inventory (A: Dec. 2013 ))/ 2 )/Cost of Goods Sold*Days in Period
=( (268.504+340.355)/ 2 )/1557.234*365
=304.4295/1557.234*365
=71.36

Tesla Motors Inc's Days Inventory for the quarter that ended in Sep. 2014 is calculated as:

Days Inventory
=( (Inventory (Q: Jun. 2014 )+Inventory (Q: Sep. 2014 ))/ 2 )/Cost of Goods Sold*Days in Period
=( (596.927+752.492)/ 2 )/599.953*365 / 4
=674.7095/599.953*365 / 4
=102.62

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Tesla Motors Inc's Days Sales of Inventory for the three months ended in Sep. 2014 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=674.7095/851.804*365 / 4
=72.28

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

Tesla Motors Inc's Inventory Turnover for the three months ended in Sep. 2014 is calculated as

3. 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.

Tesla Motors Inc's Inventory to Revenue for the three months ended in Sep. 2014 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=674.7095 / 851.804
=0.79

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Tesla Motors Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysInventory 0.000.000.000.00215.5371.06145.14121.88151.7371.36

Tesla Motors Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysInventory 254.47174.9569.0649.6173.7683.6868.4377.5585.92102.62
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