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Tesla (XKAZ:TSLA_KZ) Days Inventory

: 64.28 (As of Jun. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Tesla's Average Total Inventories for the three months ended in Jun. 2023 was $14,366 Mil. Tesla's Cost of Goods Sold for the three months ended in Jun. 2023 was $20,394 Mil. Hence, Tesla's Days Inventory for the three months ended in Jun. 2023 was 64.28.

The historical rank and industry rank for Tesla's Days Inventory or its related term are showing as below:

XKAZ:TSLA_KZ' s Days Inventory Range Over the Past 10 Years
Min: 44.73   Med: 65.34   Max: 130.42
Current: 59.33

During the past 13 years, Tesla's highest Days Inventory was 130.42. The lowest was 44.73. And the median was 65.34.

XKAZ:TSLA_KZ's Days Inventory is ranked better than
66.88% of 1238 companies
in the Vehicles & Parts industry
Industry Median: 79.27 vs XKAZ:TSLA_KZ: 59.33

Tesla's Days Inventory increased from Jun. 2022 (53.17) to Jun. 2023 (64.28). It might indicate that Tesla's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tesla's Inventory Turnover for the three months ended in Jun. 2023 was 1.42.

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's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.58.


Tesla Days Inventory Historical Data

The historical data trend for Tesla's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tesla Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.33 59.31 56.08 44.73 55.99

Tesla Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.17 52.33 57.01 65.98 64.28

Competitive Comparison

For the Auto Manufacturers subindustry, Tesla's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Tesla Days Inventory Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tesla's Days Inventory falls in comparison to its industry or sector. The grey bar indicates the Days Inventory's extreme value range as defined by GuruFocus.



Tesla Days Inventory Calculation

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

Tesla's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (5757 + 12839) / 2 ) / 60609*365
=9298 / 60609*365
=55.99

Tesla's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (14375 + 14356) / 2 ) / 20394*365 / 4
=14365.5 / 20394*365 / 4
=64.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tesla  (XKAZ:TSLA_KZ) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Tesla's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

2. 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's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange 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.


Tesla Days Inventory Related Terms

Thank you for viewing the detailed overview of Tesla's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Tesla (XKAZ:TSLA_KZ) Business Description

Tesla logo
Address
1 Tesla Road, Austin, TX, USA, 78725
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2022 were a little over 1.3 million vehicles.

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