CSIMarket
 


Tesla Inc   (TSLA)
Other Ticker:  
 
 

Tesla Inc Accounts Receivables Turnover Ratio from the first quarter 2024 to the first quarter 2023

Quarterly Results, Trends, Rankings, Statistics


Tesla Inc 's ability to collect accounts receivable sequentially worsen to 28.36, pointing to a challenging and on top of that deteriorating business climate for the EV, Auto & Truck Manufacturers industry. Tesla Inc 's Average receivable collection period in the Mar 31 2024 quarter, has increased to 13 days, from 12 days, in the Dec 31 2023 quarter.

If we take a look into Consumer Discretionary sector 11 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2024 from 22 to 282.

What is Receivable Turnover Ratio?
What is Tesla Inc Selling?


What is Receivable Turnover Ratio?




TSLA Receivables Turnover Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Receivable Change 29.87 % 18.83 % 14.96 % 65.64 % 29.51 %
Y / Y Revenue Change -8.69 % 3.49 % 8.84 % 47.2 % 24.38 %
Receivable Turnover Ratio (TTM) 28.36 31.05 32.21 32.47 33.68
TSLA's Total Ranking # 282 # 22 # 282 # 282 # 348
Average receivable collection period 13 12 11 11 11
Seq. Receivable Change 10.8 % 39.21 % -26.89 % 15.17 % 1.39 %
Seq. Revenue Change -15.36 % 7.78 % -6.33 % 6.85 % -4.07 %


Receivable Turnover Company Ranking
Within: No.
EV, Auto & Truck Manufacturers Industry # 2
Consumer Discretionary Sector # 12
Overall Market # 282

Receivable Turnover Ratio Statistics
High Average Low
82.59 28.4 19.3
(Sep. 30, 2015)   (Sep 30 2020)






Financial Statements
Tesla Inc 's Accounts Receivable $ 3,887 Millions Visit TSLA's Balance sheet
Tesla Inc 's Sales TTM $ 94,745 Millions Visit TSLA's Income Statement
Where are TSLA's Sales coming from? Visit TSLA's Sales by Geography

Other Accounts Receivable Turnover Ratios
EV, Auto & Truck Manufacturers Industry Accounts Receivable Turnover Trends and Statistics
Consumer Discretionary Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
TSLA's Receivable Turnover Ratio versus EV, Auto & Truck Manufacturers Industry, Consumer Discretionary Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for TSLA's Competitors
Receivables Turnover Ratio for TSLA's Suppliers
Accounts Receivables Turnover Ratio for TSLA's Customers

You may also want to know
TSLA's Growth Rates TSLA's Roa TSLA's Inventory Turnover Ratio TSLA's Dividend Comparisons
TSLA's Profitability Ratios TSLA's Roi TSLA's Asset Turnover Ratio TSLA's Dividend Growth
TSLA's Valuation Ratios TSLA's Roe TSLA's Financial Strength Ratios TSLA's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2024, within Consumer Discretionary Sector Receivable Turnover Ratio Revenues for 12 Months ending Mar 31 2024 Receivable at quarter ending Mar 31 2024
Omnitek Engineering Corp   55.24 $ 1.067  Millions$ 0.019  Millions
Allbirds Inc   40.01 $ 237.871  Millions$ 5.945  Millions
Shyft Group Inc   35.88 $ 824.981  Millions$ 22.996  Millions
Tesla Inc   28.36 $ 94,745.000  Millions$ 3,340.500  Millions
Tapestry Inc   26.84 $ 6,700.000  Millions$ 249.650  Millions
Bwx Technologies Inc   25.24 $ 2,531.915  Millions$ 100.306  Millions
Peloton Interactive Inc   24.54 $ 2,698.000  Millions$ 109.925  Millions
Carter s Inc   22.64 $ 4,420.754  Millions$ 195.259  Millions
Nova Lifestyle Inc   22.24 $ 10.189  Millions$ 0.458  Millions
Luvu Brands Inc   21.91 $ 26.263  Millions$ 1.199  Millions
Volcon Inc   21.43 $ 4.973  Millions$ 0.232  Millions
Bassett Furniture Industries Incorporated  21.16 $ 367.657  Millions$ 17.375  Millions
Purple Innovation Inc   19.91 $ 495.401  Millions$ 24.880  Millions
Rivian Automotive Inc   17.63 $ 4,977.000  Millions$ 282.250  Millions
Wesco International Inc   17.06 $ 22,213.300  Millions$ 1,302.050  Millions
Patrick Industries Inc   15.73 $ 3,499.988  Millions$ 222.451  Millions
Masterbrand Inc   15.01 $ 3,364.300  Millions$ 224.175  Millions
Yeti Holdings Inc   14.64 $ 1,697.129  Millions$ 115.905  Millions
Solo Brands Inc   14.37 $ 490.489  Millions$ 34.143  Millions
Energy Focus Inc  13.34 $ 5.620  Millions$ 0.421  Millions
Irobot Corporation  13.31 $ 880.302  Millions$ 66.117  Millions
Topgolf Callaway Brands Corp   12.85 $ 4,261.600  Millions$ 331.550  Millions
Holley Inc   12.81 $ 645.435  Millions$ 50.388  Millions
Lci Industries  12.63 $ 3,779.527  Millions$ 299.357  Millions
Kontoor Brands Inc   11.69 $ 2,571.551  Millions$ 220.036  Millions
Whirlpool Corp  11.42 $ 19,296.000  Millions$ 1,689.000  Millions
Nike Inc   11.34 $ 51,581.000  Millions$ 4,547.000  Millions
Lkq Corporation  11.31 $ 14,465.000  Millions$ 1,278.750  Millions
Lucid Group Inc   11.11 $ 618.579  Millions$ 55.673  Millions
Leatt Corporation  10.52 $ 96.661  Millions$ 9.185  Millions

Date modified: 2024-04-24T15:49:27+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com