Toyota Motor Corporation

Published by Stock Analysis on Net

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

Receivables Turnover

2017 2016 2015 2014

Selected Financial Data

JPY in millions

Sales revenue, net 25,813,496 26,549,111 25,612,836 24,312,644
Accounts receivable, net 2,115,938 2,000,149 2,108,660 2,036,232

Ratio

Receivables turnover 12.20 13.27 12.15 11.94

2017 calculation:

Receivables turnover = Sales revenue, net ÷ Accounts receivable, net
= 25,813,496 ÷ 2,115,938 = 12.20