Toyota Motor Corporation

Published by Stock Analysis on Net

Last updated: 2018-01-29 02:54:54

Payables Turnover

2017 2016 2015 2014

Selected Financial Data

JPY in millions

Cost of sales 21,543,035 21,456,086 20,916,362 19,988,245
Accounts payable 2,566,382 2,389,515 2,410,588 2,213,218

Ratio

Payables turnover 8.39 8.98 8.68 9.03

2017 calculation:

Payables turnover = Cost of sales ÷ Accounts payable
= 21,543,035 ÷ 2,566,382 = 8.39