PT Mahaka Media Tbk (ISX:ABBA) Receivables Turnover : 0.88 (As of Mar. 2024)

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What is PT Mahaka Media 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 Mahaka Media Tbk's Revenue for the three months ended in Mar. 2024 was Rp41,607 Mil. PT Mahaka Media Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp47,099 Mil. Hence, PT Mahaka Media Tbk's Receivables Turnover for the three months ended in Mar. 2024 was 0.88.

PT Mahaka Media Tbk Receivables Turnover Historical Data

The historical data trend for PT Mahaka Media 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 Mahaka Media Tbk Receivables Turnover Chart

PT Mahaka Media Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.08

4.57

9.15

5.78

4.59

PT Mahaka Media 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															0.78	1.19	1.62	1.56	0.88

Competitive Comparison of PT Mahaka Media Tbk's Receivables Turnover

For the Publishing subindustry, PT Mahaka Media 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 Mahaka Media Tbk's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Mahaka Media Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Mahaka Media Tbk's Receivables Turnover falls into.

PT Mahaka Media Tbk Receivables Turnover Calculation

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

PT Mahaka Media 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 )
=	200775.735	/ (	(37902.199	+	49497.154)	/	2 )
=	200775.735	/	43699.6765
=	4.59

PT Mahaka Media 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 )
=	41606.982	/ (	(49497.154	+	44701.724)	/	2 )
=	41606.982	/	47099.439
=	0.88

PT Mahaka Media Tbk (ISX:ABBA) 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 Mahaka Media Tbk Receivables Turnover Related Terms

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PT Mahaka Media Tbk (ISX:ABBA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT Mahaka Media Tbk (ISX:ABBA) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

Sahid Office Boutique Blok G, Jl. Jend Sudirman Kav 86, Jakarta, IDN, 10220

Website

http://www.mahakamedia.com

PT Mahaka Media Tbk is an Indonesian-based media and printing company. The company is engaged in making, selling, collecting, and distributing the community content through all platforms including publishing, broadcasting and news media. Its publishing unit published magazines, such as Parents Indonesia and Golf Digest Indonesia, and daily newspapers, such as Harian Indonesia and Harian Republika. Its broadcasting arm operates several television stations, such as Jak TV and Alif TV, and radio stations, such as Jak FM, Gen FM, Masima RadioNet, Prambors, Delta FM, and Female Radio. Its out-of-home media unit is engaged in the advertising business.

PT Mahaka Media Tbk (ISX:ABBA) Headlines

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