PT Asiaplast Industries Tbk (ISX:APLI) Receivables Turnover: 1.98 (As of Mar. 2026)

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ISX:APLI PT Asiaplast Industries Tbk ISX:APLI
53 GF Score
Price Rp244.00
GF Value Rp351.84
Valuation Significantly Undervalued
! 2 Warning Signs
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What is PT Asiaplast Industries Tbk Receivables Turnover?

PT Asiaplast Industries Tbk ISX:APLI -0.81% 53 Receivables Turnover is 1.98 as of Mar. 2026. GuruFocus rates ISX:APLI with a GF Score™ of 53/100 and a GF Value™ of Rp351.84 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 392 Packaging & Containers companies, PT Asiaplast Industries Tbk ranks better than 82.4% on this metric.

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 Asiaplast Industries Tbk's Revenue for the three months ended in Mar. 2026 was Rp72,955 Mil. PT Asiaplast Industries Tbk's average Accounts Receivable for the three months ended in Mar. 2026 was Rp36,898 Mil. Hence, PT Asiaplast Industries Tbk's Receivables Turnover for the three months ended in Mar. 2026 was 1.98.


PT Asiaplast Industries Tbk  (ISX:APLI) 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 Asiaplast Industries Tbk Receivables Turnover Related Terms


PT Asiaplast Industries Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Asiaplast Industries 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 Asiaplast Industries Tbk Receivables Turnover Chart

PT Asiaplast Industries Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 8.25 9.38 8.59 8.64 7.90

PT Asiaplast Industries Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.86 1.86 2.18 2.40 1.98

ISX:APLI vs SW, PKG, IP: Receivables Turnover Comparison

For the Packaging & Containers subindustry, PT Asiaplast Industries 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 Asiaplast Industries Tbk Receivables Turnover vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Asiaplast Industries Tbk's Receivables Turnover distribution charts can be found below:

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


ISX:APLI
53GF Score
PT Asiaplast Industries Tbk ISX:APLI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Asiaplast Industries Tbk Receivables Turnover Calculation

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

PT Asiaplast Industries Tbk's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=300472.069 / ((41282.534 + 34751.495) / 2 )
=300472.069 / 38017.0145
=7.90

PT Asiaplast Industries Tbk's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=72954.92 / ((34751.495 + 39045.49) / 2 )
=72954.92 / 36898.4925
=1.98

* 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 1.98 mean?
PT Asiaplast Industries Tbk (ISX:APLI) has a Receivables Turnover of 1.98 as of Mar. 2026. 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 Asiaplast Industries Tbk and its competitors. According to the industry distribution chart, PT Asiaplast Industries Tbk ranks #69 out of 392 companies in the Packaging & Containers industry, placing it in the top 17.6%.
Is PT Asiaplast Industries Tbk's Receivables Turnover too high?
PT Asiaplast Industries Tbk's current Receivables Turnover is 1.98. The Packaging & Containers industry median Receivables Turnover is 5.45. PT Asiaplast Industries Tbk's value of 1.98 is 63.6% below this industry median. Based on the distribution chart, PT Asiaplast Industries Tbk ranks #69 out of 392 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, PT Asiaplast Industries Tbk has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Asiaplast Industries Tbk's Receivables Turnover compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, PT Asiaplast Industries Tbk ranks #69 out of 392 companies for Receivables Turnover. This places PT Asiaplast Industries Tbk in the top 18% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.45. PT Asiaplast Industries Tbk's value of 1.98 is 63.6% below 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 a Packaging & Containers company?
The median Receivables Turnover among Packaging & Containers companies is 5.45, based on 392 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 Asiaplast Industries Tbk's current Receivables Turnover of 1.98 is 63.6% below 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 Asiaplast Industries Tbk and its competitors. For the Packaging & Containers industry, the median Receivables Turnover is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Asiaplast Industries Tbk's current Receivables Turnover is 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Asiaplast Industries Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Asiaplast Industries Tbk (ISX:APLI) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp351.84, compared to a current price of Rp244.00 — trading 30.7% below its estimated fair value. The current Receivables Turnover is 1.98 and 63.6% below the Packaging & Containers industry median of 5.45. PT Asiaplast Industries Tbk's overall GF Score™ is 53/100 with 2 warning signs to review. 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 Asiaplast Industries Tbk (ISX:APLI), the current Receivables Turnover is 1.98 as of Mar. 2026. 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.

Is PT Asiaplast Industries Tbk (ISX:APLI) Overvalued in 2026?

Based on GuruFocus' analysis, PT Asiaplast Industries Tbk stock appears to be undervalued. The current stock price of Rp244.00 is trading 30.7% below its estimated GF Value™ of Rp351.84. GuruFocus considers PT Asiaplast Industries Tbk to be Significantly Undervalued.

Key valuation signals for ISX:APLI:

  • Receivables Turnover: 1.98
  • GF Value™: Rp351.84 vs. price of Rp244.00 (30.7% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 63.6% below the Packaging & Containers median (#69 of 392)

No single metric tells the full story. See the ISX:APLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Asiaplast Industries Tbk Business Description

Address Jalan K.H. E.Z. Muttaqien No. 94, Kel. Gembor, Kec. Periuk, Banten, Tangerang, IDN, 15133
PT Asiaplast Industries Tbk is an Indonesian company that operates in the plastic manufacturing industry. It is engaged in the manufacture of plastic products for building materials, packaging, household equipment, and appliances made of plastic (excluding furniture), technical and industrial plastic goods and equipment, as well as other plastic products not elsewhere classified. The company's product portfolio comprises flexible films and sheets, leatherette, rigid films and sheets, polyethylene terephthalate (PET) sheets, polypropylene sheets, and thermoforming plastic products, among others. Geographically, the company derives all of its revenue from the local market.
53GF Score

Get the complete analysis for ISX:APLI

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp244.00
Price
Rp351.84
GF Value