Toyota Motor Corporation

Published by Stock Analysis on Net

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

Cash Conversion Cycle

2017 2016 2015 2014
Days of inventory on hand (DOH) 40 35 37 35
Add: Days of sales outstanding (DSO) 30 27 30 31
Less: Number of days of payables 43 41 42 40
Cash conversion cycle
27
22
25
25

2017 calculation:

Cash conversion cycle = DOH + DSO – Number of days of payables
= 40 + 30 – 43 = 27