PT Centratama Telekomunikasi Indonesia Tbk (ISX:CENT) Receivables Turnover : 0.98 (As of Mar. 2024)

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What is PT Centratama Telekomunikasi Indonesia 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 Centratama Telekomunikasi Indonesia Tbk's Revenue for the three months ended in Mar. 2024 was Rp618,575 Mil. PT Centratama Telekomunikasi Indonesia Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp629,766 Mil. Hence, PT Centratama Telekomunikasi Indonesia Tbk's Receivables Turnover for the three months ended in Mar. 2024 was 0.98.

PT Centratama Telekomunikasi Indonesia Tbk Receivables Turnover Historical Data

The historical data trend for PT Centratama Telekomunikasi Indonesia 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 Centratama Telekomunikasi Indonesia Tbk Receivables Turnover Chart

PT Centratama Telekomunikasi Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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2.53

2.81

3.71

4.74

5.89

PT Centratama Telekomunikasi Indonesia 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															0.96	0.80	0.81	1.14	0.98

Competitive Comparison of PT Centratama Telekomunikasi Indonesia Tbk's Receivables Turnover

For the Telecom Services subindustry, PT Centratama Telekomunikasi Indonesia 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 Centratama Telekomunikasi Indonesia Tbk's Receivables Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Centratama Telekomunikasi Indonesia Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Centratama Telekomunikasi Indonesia Tbk's Receivables Turnover falls into.

PT Centratama Telekomunikasi Indonesia Tbk Receivables Turnover Calculation

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

PT Centratama Telekomunikasi Indonesia 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 )
=	2522944	/ (	(457359	+	398926)	/	2 )
=	2522944	/	428142.5
=	5.89

PT Centratama Telekomunikasi Indonesia 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 )
=	618575	/ (	(398926	+	860605)	/	2 )
=	618575	/	629765.5
=	0.98

PT Centratama Telekomunikasi Indonesia Tbk (ISX:CENT) 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 Centratama Telekomunikasi Indonesia Tbk Receivables Turnover Related Terms

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PT Centratama Telekomunikasi Indonesia Tbk (ISX:CENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Centratama Telekomunikasi Indonesia Tbk (ISX:CENT) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

Jalan KH. Mas Mansyur Kav. 126, TCC Batavia Tower One 16th and 19th Floor, Jakarta Pusat, Jakarta, IDN, 10220

Website

https://www.centratamagroup.com

PT Centratama Telekomunikasi Indonesia Tbk is an Indonesia-based company mainly engaged in provisioning telecommunication infrastructure solutions and services. It operates through the following segments: Towers Lease, and In-Building-Coverage Lease & Internet Services. It provides services, leases, and management of telecommunication towers and tools, consultation services in the telecommunication field, management consulting services, and business administration. Geographically, it operates through the region of Indonesia and derives revenue from the Tower lease segment.