Canon Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2022 to a ratio of 5.43, above the company average. This is a clear sign of healthy business climate in the Consumer Electronics industry and improving liquidity at their respective customers, during the fourth quarter 2022. Average receivable collection period, for the Canon Inc in Dec 31 2022 quarter, has decreased to 67 days, compared to 70 days, in the 0 quarter.

If we take a look into Technology sector 258 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2022 from 0 to 1581.

What is Receivable Turnover Ratio?
What is Canon Inc Selling?

What is Receivable Turnover Ratio?

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CAJ Receivables Turnover Ratio	(Dec 31 2022) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter	(Dec 31 2021) IV. Quarter
Y / Y Receivable Change	5.89 %	12.59 %	12.59 %	12.59 %	-10.08 %
Y / Y Revenue Change	5.99 %	-	-	-	0.06 %
Receivable Turnover Ratio (TTM)	5.43	5.22	5.36	5.49	5.64
CAJ's Total Ranking	# 1581	# 0	# 1532	# 2111	# 2529
Accounts Receivable average collection period days	67	70	68	66	65
Seq. Receivable Change	66.55 %	0 %	0 %	-36.42 %	77.09 %
Seq. Revenue Change	-	-	-	-	-

Receivable Turnover Company Ranking
Within:	No.
Consumer Electronics Industry	# 32
Technology Sector	# 259
Overall Market	# 1581

Receivable Turnover Ratio Statistics
High	Average	Low
0.96	0.83	0.67
(Dec 31 2012)		(Dec 31 2020)

CAJ Company Profile • Back to CAJ Efficiency Comparisons • Compare CAJ Receivables Turnover Ratio to its Competitors

Financial Statements
Canon Inc's Accounts Receivable	$ 7,990 Millions	Visit CAJ's Balance sheet
Canon Inc's Sales TTM	$ 30,371 Millions	Visit CAJ's Income Statement
Sources of CAJ's Revenues		Visit CAJ's Sales by Geography

Other Accounts Receivable Turnover Ratios
Consumer Electronics Industry Accounts Receivable Turnover Trends and Statistics
Technology Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
CAJ's Receivable Turnover Ratio versus Consumer Electronics Industry, Technology Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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CAJ's Profitability Ratios	CAJ's Roi	CAJ's Asset Turnover Ratio	CAJ's Dividend Growth
CAJ's Valuation Ratios	CAJ's Roe	CAJ's Financial Strength Ratios	CAJ's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2022, within Technology Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Dec 31 2022	Receivable at quarter ending Dec 31 2022
Expensify Inc	10.43	$ 169.495 Millions	$ 16.254 Millions
Isign Solutions Inc	10.42	$ 0.987 Millions	$ 0.095 Millions
Verifyme Inc	10.41	$ 19.576 Millions	$ 1.881 Millions
Alarum Technologies Ltd	10.36	$ 18.550 Millions	$ 1.790 Millions
Adobe Inc	10.36	$ 17,606.000 Millions	$ 1,699.250 Millions
Kustom Entertainment Inc	10.35	$ 37.010 Millions	$ 3.576 Millions
Heartcore Enterprises Inc	10.35	$ 8.818 Millions	$ 0.852 Millions
Intel Corporation	10.31	$ 63,054.000 Millions	$ 6,113.250 Millions
Red Violet Inc	10.29	$ 53.318 Millions	$ 5.182 Millions
Turtle Beach Corporation	10.24	$ 240.166 Millions	$ 23.460 Millions
Snail Inc	10.17	$ 73.975 Millions	$ 7.271 Millions
Powerdyne International Inc	10.16	$ 1.207 Millions	$ 0.119 Millions
Spi Energy Co Ltd	10.16	$ 220.730 Millions	$ 21.717 Millions
Activision Blizzard inc	10.16	$ 7,528.000 Millions	$ 741.000 Millions
Wm Technology Inc	10.14	$ 215.531 Millions	$ 21.261 Millions
International Business Machines Corporation	10.13	$ 60,530.000 Millions	$ 5,974.250 Millions
Texas Instruments Incorporated	10.12	$ 20,028.000 Millions	$ 1,980.000 Millions
Inseego Corp	10.00	$ 245.323 Millions	$ 24.535 Millions
Gen Digital Inc	9.93	$ 3,749.973 Millions	$ 377.576 Millions
Coursera Inc	9.93	$ 523.756 Millions	$ 52.764 Millions
Taiwan Semiconductor Manufacturing Company Limited	9.85	$ 73,670.400 Millions	$ 7,476.600 Millions
Globalfoundries Inc	9.84	$ 8,108.000 Millions	$ 824.000 Millions
Blackbaud Inc	9.83	$ 1,058.105 Millions	$ 107.630 Millions
Meta Platforms Inc	9.80	$ 116,609.000 Millions	$ 11,902.000 Millions
Fiee Inc	9.77	$ 49.927 Millions	$ 5.110 Millions
Hubspot Inc	9.72	$ 1,730.969 Millions	$ 178.049 Millions
Iiot oxys Inc	9.70	$ 0.205 Millions	$ 0.021 Millions
Duck Creek Technologies Inc	9.56	$ 310.082 Millions	$ 32.420 Millions
Roblox Corporation	9.55	$ 2,225.052 Millions	$ 232.935 Millions
Duos Technologies Group Inc	9.53	$ 15.012 Millions	$ 1.576 Millions

Date modified: 2026-10-07T00:41:49+00:00

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