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GuruFocus has detected 7 Warning Signs with Tesla Inc $TSLA.
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Tesla Inc (NAS:TSLA)
Days Payable
91.79 (As of Dec. 2016)

Tesla Inc's payable for the three months ended in Dec. 2016 was $1,860 Mil. Tesla Inc's cost of goods sold for the three months ended in Dec. 2016 was $1,849 Mil. Hence, Tesla Inc's days payable for the three months ended in Dec. 2016 was 91.79.

TSLA' s Days Payable Range Over the Past 10 Years
Min: 53.77   Max: 217742.78
Current: 125.72

53.77
217742.78

During the past 10 years, Tesla Inc's highest Days Payable was 217742.78. The lowest was 53.77. And the median was 124.29.

TSLA's Days Payable is ranked higher than
87% of the 956 Companies
in the Global Auto Manufacturers industry.

( Industry Median: 55.61 vs. TSLA: 125.72 )

Tesla Inc's days payable increased from Dec. 2015 (83.95) to Dec. 2016 (91.79). It may suggest that Tesla Inc delayed 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 Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1860.341/5400.875*365
=125.72

Tesla Inc's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1860.341/1849.353*365 / 4
=91.79

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Tesla Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 217,742.78325.9653.77122.85143.65288.9871.25122.57107.09125.72

Tesla Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 98.76102.1598.3094.95106.7283.95103.38102.2288.2191.79
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