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Final Presentation
TOYOTA MORTOR CORPORATION
Class 2 Group 8
• Huỳnh Phúc Nguyên 332933
• Ngô Chí Trung 332940
• Nhữ Đình Hoàng Nam
Financial Statement of Toyota
Balance sheet
Years 2008 2009 2010 2013 2014 Changes
2008 - 2014
Total Assets 32,458,320 29,062,037 30,349,287 35,483,317 41,437,473 21.67% 
Amount: millions yen
0
10000000
20000000
30000000
40000000
50000000
20082009201020132014
Total Assets
Income Statement
Years 2008 2009 2010 2013 2014 Changes
2008 - 2014
Net income
(loss)
1,717,879 -436,937 209,456 962,163 1,823,119
-1000000
-500000
0
500000
1000000
1500000
2000000
2008 2009 2010 2013 2014
Net income
Statement of Cash Flows
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
4000000
2008 2009 2010 2013 2014
Net cash provided
by operating
activities
Years 2008 2009 2010 2013 2014 Changes
2008 - 2014
Net cash provided
by operating
activities 2,981,624 1,476,905 2,558,530 2,451,316 3,646,035
Financial Statement of Nissan
Balance sheet
0
2000000
4000000
6000000
8000000
10000000
12000000
2008 2009 2010 2013 2014
Total current Assets
Years 2008 2009 2010 2013 2014 Changes
2008 - 2014
Total current
assets 5,279,382 5,580,410 6,345,835 8,609,278 10,317,345
48.8% 
Statement of Cash Flow
Years 2008 2009 2010 2013 2014 Changes
2008 - 2014
Net cash provided by
operating activities 890,726 1,177,226 667,502 -3,360 3,405 260.6% 
-200000
0
200000
400000
600000
800000
1000000
1200000
1400000
2008 2009 2010 2013 2014
Net cash provided
by operating
activities
Income Statement
-300000
-200000
-100000
0
100000
200000
300000
400000
500000
2008 2009 2010 2013 2014
Net income (loss)
Years 2008 2009 2010 2013 2014 Changes
2008 - 2014
Net income loss -233,709 42,390 319,221 389,034 457,574 151%
THE MOST SIGNIFICANT CHANGE IN
THE INDUSTRY
-140
-120
-100
-80
-60
-40
-20
0
20
2010 2013 2014
Industry
Toyota
Times Interest Earned
Financial Ratios
Liquidity Ratios
0.000
0.500
1.000
1.500
2.000
2008 2009 2010 2013 2014
Toyota
Nissan
Current ratios
Years Toyota Nissan
2008 1.012 1.324
2009 1.067 1.447
2010 1.223 1.449
2013 1.068 1.660
2014 1.071 1.608
• Quick ratios
0.000
0.200
0.400
0.600
0.800
1.000
1.200
1.400
1.600
1.800
2008 2009 2010 2013 2014
Toyota
Nissan
Years Toyota Nissan
2008 0.859 1.288
2009 0.929 1.412
2010 1.090 1.403
2013 0.935 1.604
2014 0.942 1.551
• Cash Ratio
0.000
0.050
0.100
0.150
0.200
0.250
2008 2009 2010 2013 2014
Toyota
Nissan
Years Toyota Nissan
2008 0.136 0.159
2009 0.231 0.208
2010 0.175 0.228
2013 0.133 0.159
2014 0.139 0.119
Financial leverage ratios
• Debt ratio
0.550
0.600
0.650
0.700
0.750
2008 2009 2010 2013 2014
Toyota
Nissan
Years Toyota Nissan
2008 0.614 0.714
2009 0.635 0.705
2010 0.640 0.695
2013 0.640 0.682
2014 0.633 0.692
• Times interest earned
-140.00
-120.00
-100.00
-80.00
-60.00
-40.00
-20.00
0.00
20.00
40.00
2008 2009 2010 2013 2014
Toyota
Nissan
Years Toyota Nissan
2008 -52.85 -6.47
2009 11.95 4.88
2010 -8.72 16.93
2013 -61.12 18.46
2014 -124.35 23.57
Asset management
Inventory turnover
0.000
10.000
20.000
30.000
40.000
50.000
60.000
Toyota
Nissan
Day's sales in inventory
0.000
10.000
20.000
30.000
40.000
Toyota
Nissan
Days
Years Toyota Nissan
2008 11.202 49.833
2009 11.970 45.635
2010 11.229 35.483
2013 10.497 30.008
2014 10.550 25.303
Years Toyota Nissan
2008 32.582 7.324
2009 30.494 7.998
2010 32.506 10.287
2013 34.772 12.163
2014 34.599 14.425
Receivables turnover
0.000
1.000
2.000
3.000
4.000
5.000
6.000
7.000
Toyota
Nissan
Day's sales in receivables
0.00
50.00
100.00
150.00
200.00
250.00
Toyota
Nissan
Days
Years Toyota Nissan
2008 5.771 3.113
2009 4.927 2.841
2010 4.211 3.194
2013 4.087 2.083
2014 4.319 1.802
Years Toyota Nissan
2008 63.25 117.25
2009 74.08 128.47
2010 86.68 114.28
2013 89.31 175.27
2014 84.51 202.56
Total asset turnover
0.0000
0.2000
0.4000
0.6000
0.8000
1.0000
2008 2009 2010 2013 2014
Toyota
Nissan
Years Toyota Nissan
2008 0.7647 0.8240
2009 0.6598 0.7359
2010 0.5840 0.8171
2013 0.5894 0.7129
2014 0.5867 0.6673
Profitability ratios
• Profit margin • Return on total assets
-0.040
-0.020
0.000
0.020
0.040
0.060
0.080
0.100
20082009201020132014
Toyota
Nissan
-0.040
-0.020
0.000
0.020
0.040
0.060
20082009201020132014
Toyota
Nissan
Years Toyota Nissan
2008 0.069 -0.028
2009 -0.023 0.006
2010 0.012 0.036
2013 0.046 0.037
2014 0.075 0.040
Years Toyota Nissan
2008 0.053 -0.023
2009 -0.015 0.004
2010 0.007 0.030
2013 0.027 0.026
2014 0.044 0.027
• Return on equity
-0.100
-0.050
0.000
0.050
0.100
0.150
0.200
2008 2009 2010 2013 2014
Toyota
Nissan
Years Toyota Nissan
2008 0.145 -0.066
2009 -0.043 0.012
2010 0.020 0.080
2013 0.079 0.081
2014 0.126 0.090
INDUSTRY
SIGNIFICANT FINANCIAL RATIO
CHANGES
0.00
0.50
1.00
1.50
2.00
2.50
2008 2009 2010 2013 2014
Toyota
Nissan
Industry
Current ratio
Years Toyota Nissan Industry
2008 1.01 1.32 1.42
2009 1.07 1.45 1.37
2010 1.22 1.45 1.6
2013 1.07 1.66 2.05
2014 1.07 1.61 2.1
• Quick ratio
0.00
0.50
1.00
1.50
2.00
2008 2009 2010 2013 2014
Toyota
Nissan
Industry
Years Toyota Nissan Industry
2008 0.86 1.29 0.41
2009 0.93 1.41 0.39
2010 1.09 1.40 0.58
2013 0.93 1.60 0.47
2014 0.94 1.55 0.59
• Return on equity
-0.10
0.00
0.10
0.20
0.30
0.40
0.50
2008 2009 2010 2013 2014
Toyota
Nissan
Industry
Years Toyota Nissan Industry
2008 0.14 -0.07 0
2009 -0.04 0.01 0
2010 0.02 0.08 0.41
2013 0.08 0.08 0.2
2014 0.13 0.09 0.14
Cash Conversion Circle (CCC)
0.0
20.0
40.0
60.0
80.0
100.0
2008 2009 2010 2013 2014
Days Inventory
Outstanding (DIO)
Days Sales Outstanding
(DSO)
Days Payable Outstanding
(DPO)
Cash Conversion cycle
Days
Years
Days
Inventory
Outstanding
(DIO)
Days Sales
Outstanding
(DSO)
Days Payable
Outstanding (DPO)
Cash
Conversion
cycle
2008 29.31 56.87 31.34 54.85
2009 30.11 72.01 34.02 68.1
2010 31.16 89.82 39.53 81.45
2013 36.58 88.89 43.85 81.63
2014 36.82 55.17 42.22 49.77

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ppt of Toyota - Financial Management

  • 2. Class 2 Group 8 • Huỳnh Phúc Nguyên 332933 • Ngô Chí Trung 332940 • Nhữ Đình Hoàng Nam
  • 4. Balance sheet Years 2008 2009 2010 2013 2014 Changes 2008 - 2014 Total Assets 32,458,320 29,062,037 30,349,287 35,483,317 41,437,473 21.67%  Amount: millions yen 0 10000000 20000000 30000000 40000000 50000000 20082009201020132014 Total Assets
  • 5. Income Statement Years 2008 2009 2010 2013 2014 Changes 2008 - 2014 Net income (loss) 1,717,879 -436,937 209,456 962,163 1,823,119 -1000000 -500000 0 500000 1000000 1500000 2000000 2008 2009 2010 2013 2014 Net income
  • 6. Statement of Cash Flows 0 500000 1000000 1500000 2000000 2500000 3000000 3500000 4000000 2008 2009 2010 2013 2014 Net cash provided by operating activities Years 2008 2009 2010 2013 2014 Changes 2008 - 2014 Net cash provided by operating activities 2,981,624 1,476,905 2,558,530 2,451,316 3,646,035
  • 8. Balance sheet 0 2000000 4000000 6000000 8000000 10000000 12000000 2008 2009 2010 2013 2014 Total current Assets Years 2008 2009 2010 2013 2014 Changes 2008 - 2014 Total current assets 5,279,382 5,580,410 6,345,835 8,609,278 10,317,345 48.8% 
  • 9. Statement of Cash Flow Years 2008 2009 2010 2013 2014 Changes 2008 - 2014 Net cash provided by operating activities 890,726 1,177,226 667,502 -3,360 3,405 260.6%  -200000 0 200000 400000 600000 800000 1000000 1200000 1400000 2008 2009 2010 2013 2014 Net cash provided by operating activities
  • 10. Income Statement -300000 -200000 -100000 0 100000 200000 300000 400000 500000 2008 2009 2010 2013 2014 Net income (loss) Years 2008 2009 2010 2013 2014 Changes 2008 - 2014 Net income loss -233,709 42,390 319,221 389,034 457,574 151%
  • 11. THE MOST SIGNIFICANT CHANGE IN THE INDUSTRY -140 -120 -100 -80 -60 -40 -20 0 20 2010 2013 2014 Industry Toyota Times Interest Earned
  • 13. Liquidity Ratios 0.000 0.500 1.000 1.500 2.000 2008 2009 2010 2013 2014 Toyota Nissan Current ratios Years Toyota Nissan 2008 1.012 1.324 2009 1.067 1.447 2010 1.223 1.449 2013 1.068 1.660 2014 1.071 1.608
  • 14. • Quick ratios 0.000 0.200 0.400 0.600 0.800 1.000 1.200 1.400 1.600 1.800 2008 2009 2010 2013 2014 Toyota Nissan Years Toyota Nissan 2008 0.859 1.288 2009 0.929 1.412 2010 1.090 1.403 2013 0.935 1.604 2014 0.942 1.551
  • 15. • Cash Ratio 0.000 0.050 0.100 0.150 0.200 0.250 2008 2009 2010 2013 2014 Toyota Nissan Years Toyota Nissan 2008 0.136 0.159 2009 0.231 0.208 2010 0.175 0.228 2013 0.133 0.159 2014 0.139 0.119
  • 16. Financial leverage ratios • Debt ratio 0.550 0.600 0.650 0.700 0.750 2008 2009 2010 2013 2014 Toyota Nissan Years Toyota Nissan 2008 0.614 0.714 2009 0.635 0.705 2010 0.640 0.695 2013 0.640 0.682 2014 0.633 0.692
  • 17. • Times interest earned -140.00 -120.00 -100.00 -80.00 -60.00 -40.00 -20.00 0.00 20.00 40.00 2008 2009 2010 2013 2014 Toyota Nissan Years Toyota Nissan 2008 -52.85 -6.47 2009 11.95 4.88 2010 -8.72 16.93 2013 -61.12 18.46 2014 -124.35 23.57
  • 18. Asset management Inventory turnover 0.000 10.000 20.000 30.000 40.000 50.000 60.000 Toyota Nissan Day's sales in inventory 0.000 10.000 20.000 30.000 40.000 Toyota Nissan Days Years Toyota Nissan 2008 11.202 49.833 2009 11.970 45.635 2010 11.229 35.483 2013 10.497 30.008 2014 10.550 25.303 Years Toyota Nissan 2008 32.582 7.324 2009 30.494 7.998 2010 32.506 10.287 2013 34.772 12.163 2014 34.599 14.425
  • 19. Receivables turnover 0.000 1.000 2.000 3.000 4.000 5.000 6.000 7.000 Toyota Nissan Day's sales in receivables 0.00 50.00 100.00 150.00 200.00 250.00 Toyota Nissan Days Years Toyota Nissan 2008 5.771 3.113 2009 4.927 2.841 2010 4.211 3.194 2013 4.087 2.083 2014 4.319 1.802 Years Toyota Nissan 2008 63.25 117.25 2009 74.08 128.47 2010 86.68 114.28 2013 89.31 175.27 2014 84.51 202.56
  • 20. Total asset turnover 0.0000 0.2000 0.4000 0.6000 0.8000 1.0000 2008 2009 2010 2013 2014 Toyota Nissan Years Toyota Nissan 2008 0.7647 0.8240 2009 0.6598 0.7359 2010 0.5840 0.8171 2013 0.5894 0.7129 2014 0.5867 0.6673
  • 21. Profitability ratios • Profit margin • Return on total assets -0.040 -0.020 0.000 0.020 0.040 0.060 0.080 0.100 20082009201020132014 Toyota Nissan -0.040 -0.020 0.000 0.020 0.040 0.060 20082009201020132014 Toyota Nissan Years Toyota Nissan 2008 0.069 -0.028 2009 -0.023 0.006 2010 0.012 0.036 2013 0.046 0.037 2014 0.075 0.040 Years Toyota Nissan 2008 0.053 -0.023 2009 -0.015 0.004 2010 0.007 0.030 2013 0.027 0.026 2014 0.044 0.027
  • 22. • Return on equity -0.100 -0.050 0.000 0.050 0.100 0.150 0.200 2008 2009 2010 2013 2014 Toyota Nissan Years Toyota Nissan 2008 0.145 -0.066 2009 -0.043 0.012 2010 0.020 0.080 2013 0.079 0.081 2014 0.126 0.090
  • 24. SIGNIFICANT FINANCIAL RATIO CHANGES 0.00 0.50 1.00 1.50 2.00 2.50 2008 2009 2010 2013 2014 Toyota Nissan Industry Current ratio Years Toyota Nissan Industry 2008 1.01 1.32 1.42 2009 1.07 1.45 1.37 2010 1.22 1.45 1.6 2013 1.07 1.66 2.05 2014 1.07 1.61 2.1
  • 25. • Quick ratio 0.00 0.50 1.00 1.50 2.00 2008 2009 2010 2013 2014 Toyota Nissan Industry Years Toyota Nissan Industry 2008 0.86 1.29 0.41 2009 0.93 1.41 0.39 2010 1.09 1.40 0.58 2013 0.93 1.60 0.47 2014 0.94 1.55 0.59
  • 26. • Return on equity -0.10 0.00 0.10 0.20 0.30 0.40 0.50 2008 2009 2010 2013 2014 Toyota Nissan Industry Years Toyota Nissan Industry 2008 0.14 -0.07 0 2009 -0.04 0.01 0 2010 0.02 0.08 0.41 2013 0.08 0.08 0.2 2014 0.13 0.09 0.14
  • 27. Cash Conversion Circle (CCC) 0.0 20.0 40.0 60.0 80.0 100.0 2008 2009 2010 2013 2014 Days Inventory Outstanding (DIO) Days Sales Outstanding (DSO) Days Payable Outstanding (DPO) Cash Conversion cycle Days Years Days Inventory Outstanding (DIO) Days Sales Outstanding (DSO) Days Payable Outstanding (DPO) Cash Conversion cycle 2008 29.31 56.87 31.34 54.85 2009 30.11 72.01 34.02 68.1 2010 31.16 89.82 39.53 81.45 2013 36.58 88.89 43.85 81.63 2014 36.82 55.17 42.22 49.77