Honda Motor Co., Ltd.

Published by Stock Analysis on Net

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

Cash Conversion Cycle

2017 2016 2015 2014
Days of inventory on hand (DOH) 46 42 53 51
Add: Days of sales outstanding (DSO) 20 21 22 22
Less: Number of days of payables 40 36 41 41
Cash conversion cycle
26
27
35
31

2017 calculation:

Cash conversion cycle = DOH + DSO – Number of days of payables
= 46 + 20 – 40 = 26