PT Berau Coal Energy Tbk (FRA:9BC) Receivables Turnover: 13.31 (As of Dec. 2022)

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What is PT Berau Coal Energy Tbk Receivables Turnover?

PT Berau Coal Energy Tbk FRA:9BC Receivables Turnover is 13.31 as of Dec. 2022. The stock has 3 warning signs investors should review.

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 Berau Coal Energy Tbk's Revenue for the six months ended in Dec. 2022 was €2,890.96 Mil. PT Berau Coal Energy Tbk's average Accounts Receivable for the six months ended in Dec. 2022 was €217.26 Mil. Hence, PT Berau Coal Energy Tbk's Receivables Turnover for the six months ended in Dec. 2022 was 13.31.


PT Berau Coal Energy Tbk  (FRA:9BC) 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 Berau Coal Energy Tbk Receivables Turnover Related Terms


PT Berau Coal Energy Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Berau Coal Energy 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.

PT Berau Coal Energy Tbk Receivables Turnover Chart

PT Berau Coal Energy Tbk Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.18 12.37 9.14 15.02 13.31

PT Berau Coal Energy Tbk Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.18 12.37 9.14 15.02 13.31

FRA:9BC vs METC, HNRG: Receivables Turnover Comparison

For the Thermal Coal subindustry, PT Berau Coal Energy 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 Berau Coal Energy Tbk Receivables Turnover vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Berau Coal Energy Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Berau Coal Energy Tbk's Receivables Turnover falls into.



PT Berau Coal Energy Tbk Receivables Turnover Calculation

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

PT Berau Coal Energy Tbk's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=2890.958 / ((174.62 + 259.896) / 2 )
=2890.958 / 217.258
=13.31

PT Berau Coal Energy Tbk's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=2890.958 / ((174.62 + 259.896) / 2 )
=2890.958 / 217.258
=13.31

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 13.31 mean?
PT Berau Coal Energy Tbk (FRA:9BC) has a Receivables Turnover of 13.31 as of Dec. 2022. The accounts 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. View historical data on PT Berau Coal Energy Tbk and its competitors.
Is PT Berau Coal Energy Tbk's Receivables Turnover too high?
PT Berau Coal Energy Tbk's current Receivables Turnover is 13.31. The Other Energy Sources industry median Receivables Turnover is 10.59. PT Berau Coal Energy Tbk's value of 13.31 is 25.7% above this industry median.
How does PT Berau Coal Energy Tbk's Receivables Turnover compare to METC and HNRG?
PT Berau Coal Energy Tbk's Receivables Turnover of 13.31 can be compared against companies in the Other Energy Sources industry. The industry median Receivables Turnover is 10.59. PT Berau Coal Energy Tbk's value of 13.31 is 25.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Other Energy Sources company?
The median Receivables Turnover among Other Energy Sources companies is 10.59, based on 126 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Berau Coal Energy Tbk's current Receivables Turnover of 13.31 is 25.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on PT Berau Coal Energy Tbk and its competitors. For the Other Energy Sources industry, the median Receivables Turnover is 10.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Berau Coal Energy Tbk's current Receivables Turnover is 13.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Berau Coal Energy Tbk stock overvalued right now?
PT Berau Coal Energy Tbk (FRA:9BC) has a current Receivables Turnover of 13.31. The current Receivables Turnover is 13.31 and 25.7% above the Other Energy Sources industry median of 10.59. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For PT Berau Coal Energy Tbk (FRA:9BC), the current Receivables Turnover is 13.31 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Berau Coal Energy Tbk Business Description

Address Jalan Jenderal Sudirman Kav 21, 10th Floor, Sinarmas MSIG Tower, Kelurahan Karet, Kecamatan Setiabudi, South Jakarta, Jakarta, IDN, 12920
PT Berau Coal Energy Tbk functions as a holding company. It is mainly involved in trading, mining, plantation, construction, real estate, agriculture, printing, industry, transportation, and services. The company, through its subsidiary, engaged in coal mining. It has an interest in three open cut mining operations; Lati, Binungan, and Sambarata. The firm supplies coal to customers in Indonesia, China, Hong Kong, India, Japan, South Korea, Taiwan, the Philippines, and Thailand. Its customers are mainly utility companies and coal trading companies.