Liquidity Analysis: Toyota Motor Corporation
Fiscal Year2007 2006 2005 2004 2003
Fiscal Year End Date3/31/073/31/063/31/053/31/043/31/03
Total Current Assets % Net Sales49.2%51.0%50.9%51.2%68.6%
Cash % of Current Assets16.1%14.6%15.7%19.5%5.6%
Cash & Equivalents % of Current Assets20.0%21.0%22.1%25.4%20.7%
Quick Ratio0.80.80.90.91.2
Receivables % of Current Assets55.6%54.9%53.7%51.4%58.3%
Receivable Turnover - number of days94.895.194.6115.8141.0
Inventories % of Current Assets15.3%15.1%13.8%12.2%9.7%
Inventory Turnover - number of days35.034.031.631.033.5
Inventory to Cash & Equivalents - number of days 471.5500.7575.9746.6766.0
Receivables % of Total Assets20.2%20.6%20.8%20.7%31.7%
Current Ratio1.01.11.11.21.5
Total Debt % of Total Capital49.3%48.3%47.2%46.7%47.7%
Funds from Operations % of Current Liabilities26.3%26.7%27.2%28.2%26.6%
Funds from Operations % of Long Term Debt49.4%47.6%44.7%50.4%49.1%
Funds from Operations % of Total Debt25.5%25.8%26.2%28.3%27.7%
Funds from Operations % of Total Capital16.5%16.0%15.4%16.6%16.7%
Cash Flow (in milllions of Japanese Yen)      
Operating Activities3,238,173.02,515,480.02,370,940.02,283,023.01,329,472.0
Financing Activities881,768.0876,911.0419,384.0242,223.033,555.0
Investing Activities3,814,378.03,375,500.03,061,196.02,312,784.01,385,814.0
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