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Tesla Motors Inc (NAS:TSLA)
Days Payable
83.95 (As of Dec. 2015)

Tesla Motors Inc's payable for the three months ended in Dec. 2015 was $916 Mil. Tesla Motors Inc's cost of goods sold for the three months ended in Dec. 2015 was $996 Mil. Hence, Tesla Motors Inc's days payable for the three months ended in Dec. 2015 was 83.95.

TSLA' s Days Payable Range Over the Past 10 Years
Min: 53.77   Max: 217742.78
Current: 107.09

53.77
217742.78

During the past 9 years, Tesla Motors Inc's highest Days Payable was 217742.78. The lowest was 53.77. And the median was 122.85.

TSLA's Days Payable is ranked higher than
84% of the 972 Companies
in the Global Auto Manufacturers industry.

( Industry Median: 52.88 vs. TSLA: 107.09 )

Tesla Motors Inc's days payable declined from Dec. 2014 (102.15) to Dec. 2015 (83.95). It may suggest that Tesla Motors Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Tesla Motors Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=916.148/3122.522*365
=107.09

Tesla Motors Inc's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=916.148/995.816*365 / 4
=83.95

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


Related Terms

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

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.00217,742.78325.9653.77122.85143.65288.9871.25122.57107.09

Tesla Motors Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 84.0260.4873.6872.7598.76102.1598.3094.95106.7283.95
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