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Tesla Motors, Inc. (NAS:TSLA)
Days Inventory
67.53 (As of Dec. 2013)

Tesla Motors, Inc.'s inventory for the three months ended in Dec. 2013 was $340 Mil. Tesla Motors, Inc.'s cost of goods sold for the three months ended in Dec. 2013 was $459 Mil. Hence, Tesla Motors, Inc.'s days inventory for the three months ended in Dec. 2013 was 67.53.

Tesla Motors, Inc.'s days inventory declined from Dec. 2012 (86.50) to Dec. 2013 (67.53).

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 Dec. 2013 was 50.34.

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 Dec. 2013 was 1.35.

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 Dec. 2013 was 0.55.


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/Cost of Goods Sold*Days in Period
=340.355/1557.234*365
=79.78

Tesla Motors, Inc.'s Days Inventory for the quarter that ended in Dec. 2013 is calculated as:

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=340.355/458.63*91
=67.53

* 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 Dec. 2013 is calculated as

Days Sales of Inventory (DSI)=Inventory/Revenue*Days in Period
=340.355/615.219*91
=50.34

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 Dec. 2013 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 Dec. 2013 is calculated as

Inventory to Revenue=Inventory / Revenue
=340.355 / 615.219
=0.55

* 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 0.000.000.0085,491.11382.6382.77191.73128.15255.7679.78

Tesla Motors, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysInventory 110.74144.50252.74277.14245.8786.5046.4576.1496.2867.53
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