Tesla (BSP:TSLA34) Days Payable : 61.83 (As of Sep. 2024)

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What is Tesla Days Payable?

Tesla's average Accounts Payable for the three months ended in Sep. 2024 was R$75,736 Mil. Tesla's Cost of Goods Sold for the three months ended in Sep. 2024 was R$111,780 Mil. Hence, Tesla's Days Payable for the three months ended in Sep. 2024 was 61.83.

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

BSP:TSLA34' s Days Payable Range Over the Past 10 Years
Min: 60.72 Med: 74.54 Max: 99.01
Current: 65.06

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

BSP:TSLA34's Days Payable is ranked worse than
50.75% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs BSP:TSLA34: 65.06

Tesla's Days Payable declined from Sep. 2023 (68.89) to Sep. 2024 (61.83). 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.

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Tesla Days Payable Chart

Tesla Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.22

66.38

70.47

78.48

70.96

Tesla Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															68.89	62.68	74.96	58.16	61.83

Competitive Comparison of Tesla's Days Payable

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's Days Payable Distribution in the Vehicles & Parts Industry

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
=	( (80018.577	+	70709.014)	/	2 )	/	387637.877	*	365
=	75363.7955					/	387637.877	*	365
=	70.96

Tesla's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (70320.922	+	81150.921)	/	2 )	/	111780.493	*	365 / 4
=	75735.9215					/	111780.493	*	365 / 4
=	61.83

Tesla Days Payable Related Terms

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Tesla Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tesla Inc (BSP:TSLA34) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TSLA:USA TSLA:Poland TSLA:Peru TSLA:Mexico TSLA_KZ:Kazakhstan 1TSLA:Italy TL0d:UK TL0:Germany TSLACL:Chile TSLA:Canada TL0:Bulgaria TSLA:Austria TSLA:Argentina

Address

1 Tesla Road, Austin, TX, USA, 78725

Website

https://www.tesla.com

Tesla is a vertically integrated battery electric vehicle automaker and developer of autonomous driving software. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling more affordable vehicles, a sports car, and a robotaxi. Global deliveries in 2023 were a little over 1.8 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network.

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