PT Humpuss Intermoda Transportasi Tbk (ISX:HITS) Receivables Turnover : 1.34 (As of Mar. 2024)

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What is PT Humpuss Intermoda Transportasi Tbk Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. PT Humpuss Intermoda Transportasi Tbk's Revenue for the three months ended in Mar. 2024 was Rp456,560 Mil. PT Humpuss Intermoda Transportasi Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp341,526 Mil. Hence, PT Humpuss Intermoda Transportasi Tbk's Receivables Turnover for the three months ended in Mar. 2024 was 1.34.

PT Humpuss Intermoda Transportasi Tbk Receivables Turnover Historical Data

The historical data trend for PT Humpuss Intermoda Transportasi Tbk's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PT Humpuss Intermoda Transportasi Tbk Receivables Turnover Chart

PT Humpuss Intermoda Transportasi Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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9.67

9.21

6.43

8.93

6.64

PT Humpuss Intermoda Transportasi Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.97	1.88	1.70	1.62	1.34

Competitive Comparison of PT Humpuss Intermoda Transportasi Tbk's Receivables Turnover

For the Marine Shipping subindustry, PT Humpuss Intermoda Transportasi Tbk's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Humpuss Intermoda Transportasi Tbk's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Humpuss Intermoda Transportasi Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Humpuss Intermoda Transportasi Tbk's Receivables Turnover falls into.

PT Humpuss Intermoda Transportasi Tbk Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

PT Humpuss Intermoda Transportasi Tbk's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1733867.549	/ (	(180261.67	+	341741.73)	/	2 )
=	1733867.549	/	261001.7
=	6.64

PT Humpuss Intermoda Transportasi Tbk's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	456560.045	/ (	(341741.73	+	341310.082)	/	2 )
=	456560.045	/	341525.906
=	1.34

PT Humpuss Intermoda Transportasi Tbk (ISX:HITS) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

PT Humpuss Intermoda Transportasi Tbk Receivables Turnover Related Terms

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PT Humpuss Intermoda Transportasi Tbk (ISX:HITS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Humpuss Intermoda Transportasi Tbk (ISX:HITS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jend. Gatot Subroto Kav. 1-3, Tower Satu, 27th Floor, Gedung Mangkuluhur City, Jakarta, IDN, 12930

Website

https://www.hits.co.id

PT Humpuss Intermoda Transportasi Tbk provides marine transportation services. It is involved in transporting liquefied natural gas, crude oil, fuel oil, chemicals, containers, coal, and other sea cargoes. The company's operating segment includes Chartered Vessel Services and Crews and Vessel Management Services, and Other Services. It generates maximum revenue from the Chartered Vessel Services segment.

PT Humpuss Intermoda Transportasi Tbk (ISX:HITS) Headlines

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