Honda Motor Co., Ltd.

Published by Stock Analysis on Net

Last updated: 2018-02-06 06:03:55

Payables Turnover

2017 2016 2015 2014

Selected Financial Data

JPY in millions

Cost of sales 10,865,848 11,332,399 10,330,784 9,590,557
Accounts payable 1,183,344 1,128,041 1,157,738 1,079,318

Ratio

Payables turnover 9.18 10.05 8.92 8.89

2017 calculation:

Payables turnover = Cost of sales ÷ Accounts payable
= 10,865,848 ÷ 1,183,344 = 9.18