Canon Inc. (CAJ) | Long-term (Investment) Activity Analysis
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Ratios (Summary)
Canon Inc., long-term (investment) activity ratios
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | ||
|---|---|---|---|---|---|---|
| Net fixed asset turnover | 2.76 | 2.99 | 3.08 | 2.53 | 3.02 | |
| Total asset turnover | 0.88 | 0.91 | 0.93 | 0.83 | 1.03 | |
| Equity turnover | 1.34 | 1.39 | 1.40 | 1.19 | 1.54 |
Source: Based on data from Canon Inc. Annual Reports
| Ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Canon Inc.'s net fixed asset turnover deteriorated from 2010 to 2011 and from 2011 to 2012. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Canon Inc.'s total asset turnover deteriorated from 2010 to 2011 and from 2011 to 2012. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders' equity. | Canon Inc.'s equity turnover deteriorated from 2010 to 2011 and from 2011 to 2012. |
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Net Fixed Asset Turnover
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions, translated from JPY ¥) | ||||||
| Net sales | 42,338 | 42,783 | 39,842 | 32,670 | 40,864 | |
| Property, plant and equipment, net | 15,335 | 14,322 | 12,919 | 12,927 | 13,546 | |
| Net Fixed Asset Turnover, Comparison to Industry | ||||||
| Canon Inc.1 | 2.76 | 2.99 | 3.08 | 2.53 | 3.02 | |
| Industry, Technology | 4.66 | 5.11 | 5.35 | 5.15 | 5.64 | |
Source: Based on data from Canon Inc. Annual Reports
2012 Calculations
1 Net fixed asset turnover = Net sales ÷ Property, plant and equipment, net
= 42,338 ÷ 15,335 = 2.76
| Ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Canon Inc.'s net fixed asset turnover deteriorated from 2010 to 2011 and from 2011 to 2012. |
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Total Asset Turnover
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions, translated from JPY ¥) | ||||||
| Net sales | 42,338 | 42,783 | 39,842 | 32,670 | 40,864 | |
| Total assets | 48,126 | 47,273 | 42,818 | 39,169 | 39,624 | |
| Total Asset Turnover, Comparison to Industry | ||||||
| Canon Inc.1 | 0.88 | 0.91 | 0.93 | 0.83 | 1.03 | |
| Industry, Technology | 0.74 | 0.76 | 0.77 | 0.78 | 0.87 | |
Source: Based on data from Canon Inc. Annual Reports
2012 Calculations
1 Total asset turnover = Net sales ÷ Total assets
= 42,338 ÷ 48,126 = 0.88
| Ratio | Description | The company |
|---|---|---|
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Canon Inc.'s total asset turnover deteriorated from 2010 to 2011 and from 2011 to 2012. |
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Equity Turnover
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (USD $ in millions, translated from JPY ¥) | ||||||
| Net sales | 42,338 | 42,783 | 39,842 | 32,670 | 40,864 | |
| Total Canon Inc. stockholders' equity | 31,610 | 30,681 | 28,437 | 27,365 | 26,547 | |
| Equity Turnover, Comparison to Industry | ||||||
| Canon Inc.1 | 1.34 | 1.39 | 1.40 | 1.19 | 1.54 | |
| Industry, Technology | 1.63 | 1.68 | 1.63 | 1.62 | 1.95 | |
Source: Based on data from Canon Inc. Annual Reports
2012 Calculations
1 Equity turnover = Net sales ÷ Total Canon Inc. stockholders' equity
= 42,338 ÷ 31,610 = 1.34
| Ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders' equity. | Canon Inc.'s equity turnover deteriorated from 2010 to 2011 and from 2011 to 2012. |
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