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

Tesla (LIM:TSLA) Days Payable : 75.56 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Tesla Days Payable?

Tesla's average Accounts Payable for the three months ended in Mar. 2024 was $14,578 Mil. Tesla's Cost of Goods Sold for the three months ended in Mar. 2024 was $17,605 Mil. Hence, Tesla's Days Payable for the three months ended in Mar. 2024 was 75.56.

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

LIM:TSLA' s Days Payable Range Over the Past 10 Years
Min: 60.72   Med: 74.54   Max: 99.01
Current: 69.6

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

LIM:TSLA's Days Payable is ranked better than
52.85% of 1264 companies
in the Vehicles & Parts industry
Industry Median: 66.77 vs LIM:TSLA: 69.60

Tesla's Days Payable increased from Mar. 2023 (75.55) to Mar. 2024 (75.56). It may suggest that Tesla delayed 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 Days Payable Chart

Tesla Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.86 71.97 72.95 76.12 68.48

Tesla Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial 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 75.55 69.75 69.51 62.44 75.56

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
=( (15255 + 14431) / 2 ) / 79113*365
=14843 / 79113*365
=68.48

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

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (14431 + 14725) / 2 ) / 17605*365 / 4
=14578 / 17605*365 / 4
=75.56

* 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 Days Payable Related Terms

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


Tesla (LIM:TSLA) Business Description

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.

Tesla (LIM:TSLA) Headlines

From GuruFocus

Tesla Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q3 2019 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2021 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2019 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2023 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Tesla Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Tesla Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q4 2019 Tesla Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024