Tesla Inc (TSLA)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Inventory turnover		6.68	5.47	5.53	4.86	5.81	5.61	5.14	4.60	4.72	5.32	6.04	6.78	6.99	6.93	6.89	6.86	6.07	5.27	5.13	4.74
DOH	days	54.66	66.76	66.06	75.12	62.87	65.10	70.98	79.34	77.32	68.61	60.44	53.87	52.25	52.68	52.94	53.24	60.10	69.28	71.11	77.06

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.68
= 54.66

Tesla Inc's days of inventory on hand (DOH) has shown fluctuations over the past few years. It decreased from 77.06 days as of March 31, 2020, to 52.25 days as of December 31, 2021, indicating an improvement in inventory management efficiency during that period.

However, the DOH increased to 79.34 days as of March 31, 2023, before dropping to 54.66 days as of December 31, 2024. These fluctuations suggest potential challenges in managing inventory levels effectively.

Overall, monitoring and managing inventory turnover is crucial for Tesla to maintain a balance between meeting customer demand and optimizing working capital efficiency. Any significant deviations in DOH should be carefully analyzed to ensure efficient inventory management practices and operational performance.