PT Adirana Armada Tbk (ISX:ASSA) Receivables Turnover: 2.65 (As of Mar. 2026)


ISX:ASSA PT Adi Sarana Armada Tbk ISX:ASSA
89 GF Score
Price Rp585.00
GF Value Rp1,062.14
Valuation Possible Value Trap
! 3 Warning Signs
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What is PT Adirana Armada Tbk Receivables Turnover?

PT Adirana Armada Tbk ISX:ASSA +0.86% 89 Receivables Turnover is 2.65 as of Mar. 2026. GuruFocus rates ISX:ASSA with a GF Score™ of 89/100 and a GF Value™ of Rp1,062.14 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,062 Business Services companies, PT Adirana Armada Tbk ranks better than 81.64% 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 Adirana Armada Tbk's Revenue for the three months ended in Mar. 2026 was Rp1,538,512 Mil. PT Adirana Armada Tbk's average Accounts Receivable for the three months ended in Mar. 2026 was Rp579,809 Mil. Hence, PT Adirana Armada Tbk's Receivables Turnover for the three months ended in Mar. 2026 was 2.65.


PT Adirana Armada Tbk  (ISX:ASSA) 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 Adirana Armada Tbk Receivables Turnover Related Terms


PT Adirana Armada Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Adirana Armada 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 Adirana Armada Tbk Receivables Turnover Chart

PT Adirana Armada Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.22 18.46 14.41 13.22 12.21

PT Adirana Armada 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 2.73 2.56 2.72 2.76 2.65

ISX:ASSA vs URI, SUNB, AER: Receivables Turnover Comparison

For the Rental & Leasing Services subindustry, PT Adirana Armada 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 Adirana Armada Tbk Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, PT Adirana Armada Tbk's Receivables Turnover distribution charts can be found below:

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


ISX:ASSA
89GF Score
PT Adi Sarana Armada Tbk ISX:ASSA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Adirana Armada Tbk Receivables Turnover Calculation

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

PT Adirana Armada 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 )
=5989485.883 / ((438915.105 + 542362.335) / 2 )
=5989485.883 / 490638.72
=12.21

PT Adirana Armada 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 )
=1538512.122 / ((542362.335 + 617254.704) / 2 )
=1538512.122 / 579808.5195
=2.65

* 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 2.65 mean?
PT Adirana Armada Tbk (ISX:ASSA) has a Receivables Turnover of 2.65 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 Adirana Armada Tbk and its competitors. According to the industry distribution chart, PT Adirana Armada Tbk ranks #195 out of 1062 companies in the Business Services industry, placing it in the top 18.4%.
Is PT Adirana Armada Tbk's Receivables Turnover too high?
PT Adirana Armada Tbk's current Receivables Turnover is 2.65. The Business Services industry median Receivables Turnover is 6.18. PT Adirana Armada Tbk's value of 2.65 is 57.1% below this industry median. Based on the distribution chart, PT Adirana Armada Tbk ranks #195 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, PT Adirana Armada Tbk has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Adirana Armada Tbk's Receivables Turnover compare to URI and SUNB?
According to the Business Services industry distribution chart, PT Adirana Armada Tbk ranks #195 out of 1062 companies for Receivables Turnover. This places PT Adirana Armada Tbk in the top 18% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.18. PT Adirana Armada Tbk's value of 2.65 is 57.1% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.18, based on 1,062 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 Adirana Armada Tbk's current Receivables Turnover of 2.65 is 57.1% 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 Adirana Armada Tbk and its competitors. For the Business Services industry, the median Receivables Turnover is 6.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Adirana Armada Tbk's current Receivables Turnover is 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Adirana Armada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Adirana Armada Tbk (ISX:ASSA) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,062.14, compared to a current price of Rp585.00 — trading 44.9% below its estimated fair value. The current Receivables Turnover is 2.65 and 57.1% below the Business Services industry median of 6.18. PT Adirana Armada Tbk's overall GF Score™ is 89/100 with 3 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 Adirana Armada Tbk (ISX:ASSA), the current Receivables Turnover is 2.65 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 Adirana Armada Tbk (ISX:ASSA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Adirana Armada Tbk stock appears to be undervalued. The current stock price of Rp585.00 is trading 44.9% below its estimated GF Value™ of Rp1,062.14. GuruFocus considers PT Adirana Armada Tbk to be Possible Value Trap.

Key valuation signals for ISX:ASSA:

  • Receivables Turnover: 2.65
  • GF Value™: Rp1,062.14 vs. price of Rp585.00 (44.9% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 57.1% below the Business Services median (#195 of 1062)

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


PT Adirana Armada Tbk Business Description

Address Jalan Yos Sudarso No. 88 Sunter, Jakarta Utara, Jakarta, IDN, 14350
PT Adi Sarana Armada Tbk provides integrated transportation solutions in the form of vehicle rental services. The company is engaged in businesses in inland transportation, including passenger transportation by means of buses, sedans, and other land vehicles, transporting goods, delivery, transportation management, expeditions, and warehouses, and provides long and short-term rental services. The company's segment includes Autopool Passenger Car Vehicle Rental Segment, Delivery Service Segment, Used Vehicle Sales segment, Steering Driver Rental Segment, Auction Services Segment, Logistics and Warehouse Management Segment, and Other segment. The majority of its revenue is generated from the Auction Services segment.
89GF Score

Get the complete analysis for ISX:ASSA

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

Rp585.00
Price
Rp1,062.14
GF Value