Tesla Inc (TSLA)
Days of sales outstanding (DSO)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Receivables turnover | 22.11 | 27.59 | 27.53 | 27.97 | 16.64 | |
DSO | days | 16.51 | 13.23 | 13.26 | 13.05 | 21.93 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 22.11
= 16.51
Based on the provided data, Tesla Inc's Days Sales Outstanding (DSO) has shown a decreasing trend over the years.
As of December 31, 2020, the DSO was 21.93 days, indicating that on average, it took the company about 21.93 days to collect payments from its customers.
By December 31, 2024, the DSO decreased to 16.51 days, showing an improvement in the organization's efficiency in collecting receivables.
Overall, the declining DSO suggests that Tesla Inc has been managing its accounts receivable effectively, potentially indicating strong customer relationships, efficient credit management, or improved collection processes over the years.
Peer comparison
Dec 31, 2024