Tesla (UKEX:TSLA) Days Payable

: 62.44 (As of Dec. 2023)

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Tesla's average Accounts Payable for the three months ended in Dec. 2023 was ₴564,771 Mil. Tesla's Cost of Goods Sold for the three months ended in Dec. 2023 was ₴825,377 Mil. Hence, Tesla's Days Payable for the three months ended in Dec. 2023 was 62.44.

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

UKEX:TSLA' s Days Payable Range Over the Past 10 Years
Min: 60.72 Med: 74.54 Max: 99.01
Current: 69.02

During the past 13 years, Tesla's highest Days Payable was 99.01. The lowest was 60.72. And the median was 74.54.

UKEX:TSLA's Days Payable is ranked better than
52.18% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 66.42 vs UKEX:TSLA: 69.02

Tesla's Days Payable declined from Dec. 2022 (71.74) to Dec. 2023 (62.44). It may suggest that Tesla accelerated paying its suppliers.

Tesla Days Payable Historical Data

The historical data trend for Tesla's Days Payable 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

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

63.86

71.97

72.95

76.12

68.48

Tesla Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																71.74	75.55	69.75	69.51	62.44

Competitive Comparison

For the Auto Manufacturers subindustry, Tesla's Days Payable, along with its competitors' market caps and Days Payable 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 Payable Distribution

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

* The bar in red indicates where Tesla's Days Payable falls into.

Tesla Days Payable Calculation

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

Tesla's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (607415.718	+	574606.111)	/	2 )	/	3150080.61	*	365
=	591010.9145					/	3150080.61	*	365
=	68.48

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

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (554936.274	+	574606.111)	/	2 )	/	825376.625	*	365 / 4
=	564771.1925					/	825376.625	*	365 / 4
=	62.44

Tesla Days Payable Related Terms

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Tesla (UKEX:TSLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tesla Inc (UKEX:TSLA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TSLA:USA TSLA:Poland TSLA:Peru TSLA:Mexico TSLA_KZ:Kazakhstan TSLA:Italy TL0d:UK 0R0X:UK TL0:Germany TSLA:Canada TSLA34:Brazil TSLA:Austria TSLA:Argentina

Address

1 Tesla Road, Austin, TX, USA, 78725

Website

https://www.tesla.com

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.