103.70BMarket Cap22.33P/E (TTM)
35.680High33.650Low42.30KVolume33.650Open34.440Pre Close1.49MTurnover0.00%Turnover Ratio25.21P/E (Static)2.91BShares42.00052wk High4.87P/B103.70BFloat Cap21.47052wk Low0.45Dividend TTM2.91BShs Float42.951Historical High1.27%Div YieldTTM5.89%Amplitude17.147Historical Low35.181Avg Price1Lot Size
beedeebee : Longer payment cycle does not mean the company is able to manage cost and productivity. I prefer companies with longer payable turnover, strong cash on hand for deployment, and additional income from cash sitting in the bank. That being said, BYD have strong negotiation power compared to tesla. Cash and Cashflow is king.
ZnWC OP beedeebee : Like I mentioned above, BYD may gain some advantages in squeezing the supplier (longer payment cycle and cut cost). But in the longer term, such practice will trigger a vicious cycle of supply chain shut down and eventually producing lower quality vehicles. The long payment cycle of Chinese EV makers (like BYD and NIO) of almost 300 days showed the company may be facing an unsustainable price cutting war.
beedeebee ZnWC OP : I don't see a direct relationship to supply chain shutdown and or producing lower quality products. big company don't usually go with just single supplier.
ZnWC OP beedeebee : Supply chain is an important factor to ensure the vehicle quality especially the core parts. Your mentality is short term gain hence you don't see the connection. Tesla seeks to work with the suppliers for the longer term in a win-win relationship.