Honda Motor Co., Ltd.

Published by Stock Analysis on Net

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

Receivables Turnover

2017 2016 2015 2014

Selected Financial Data

JPY in millions

Sales revenue, net 13,999,200 14,601,151 13,328,099 12,506,091
Accounts receivable, net 764,026 826,714 820,681 736,871

Ratio

Receivables turnover 18.32 17.66 16.24 16.97

2017 calculation:

Receivables turnover = Sales revenue, net ÷ Accounts receivable, net
= 13,999,200 ÷ 764,026 = 18.32