PT Cemindo Gemilang Tbk (ISX:CMNT) Receivables Turnover: 3.38 (As of Mar. 2026)

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ISX:CMNT PT Cemindo Gemilang Tbk ISX:CMNT
72 GF Score
Price Rp800.00
GF Value Rp880.88
Valuation Fairly Valued
! 7 Warning Signs
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What is PT Cemindo Gemilang Tbk Receivables Turnover?

PT Cemindo Gemilang Tbk ISX:CMNT 72 Receivables Turnover is 3.38 as of Mar. 2026. GuruFocus rates ISX:CMNT with a GF Score™ of 72/100 and a GF Value™ of Rp880.88 (Fairly Valued). The stock has 7 warning signs investors should review. Among 404 Building Materials companies, PT Cemindo Gemilang Tbk ranks better than 83.91% 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 Cemindo Gemilang Tbk's Revenue for the three months ended in Mar. 2026 was Rp2,076,648 Mil. PT Cemindo Gemilang Tbk's average Accounts Receivable for the three months ended in Mar. 2026 was Rp614,576 Mil. Hence, PT Cemindo Gemilang Tbk's Receivables Turnover for the three months ended in Mar. 2026 was 3.38.


PT Cemindo Gemilang Tbk  (ISX:CMNT) 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 Cemindo Gemilang Tbk Receivables Turnover Related Terms


PT Cemindo Gemilang Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Cemindo Gemilang 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 Cemindo Gemilang Tbk Receivables Turnover Chart

PT Cemindo Gemilang Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 10.18 12.92 11.00 10.17 13.09

PT Cemindo Gemilang 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 2.82 3.24 3.15 3.42 3.38

ISX:CMNT vs CRH, VMC, MLM: Receivables Turnover Comparison

For the Building Materials subindustry, PT Cemindo Gemilang 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 Cemindo Gemilang Tbk Receivables Turnover vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Cemindo Gemilang Tbk's Receivables Turnover distribution charts can be found below:

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


ISX:CMNT
72GF Score
PT Cemindo Gemilang Tbk ISX:CMNT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Cemindo Gemilang Tbk Receivables Turnover Calculation

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

PT Cemindo Gemilang 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 )
=8976099 / ((714364 + 657282) / 2 )
=8976099 / 685823
=13.09

PT Cemindo Gemilang 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 )
=2076648 / ((657282 + 571869) / 2 )
=2076648 / 614575.5
=3.38

* 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 3.38 mean?
PT Cemindo Gemilang Tbk (ISX:CMNT) has a Receivables Turnover of 3.38 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 Cemindo Gemilang Tbk and its competitors. According to the industry distribution chart, PT Cemindo Gemilang Tbk ranks #65 out of 404 companies in the Building Materials industry, placing it in the top 16.1%.
Is PT Cemindo Gemilang Tbk's Receivables Turnover too high?
PT Cemindo Gemilang Tbk's current Receivables Turnover is 3.38. The Building Materials industry median Receivables Turnover is 6.35. PT Cemindo Gemilang Tbk's value of 3.38 is 46.8% below this industry median. Based on the distribution chart, PT Cemindo Gemilang Tbk ranks #65 out of 404 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, PT Cemindo Gemilang Tbk has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Cemindo Gemilang Tbk's Receivables Turnover compare to CRH and VMC?
According to the Building Materials industry distribution chart, PT Cemindo Gemilang Tbk ranks #65 out of 404 companies for Receivables Turnover. This places PT Cemindo Gemilang Tbk in the top 16% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.35. PT Cemindo Gemilang Tbk's value of 3.38 is 46.8% 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.35, based on 404 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 Cemindo Gemilang Tbk's current Receivables Turnover of 3.38 is 46.8% 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 Cemindo Gemilang Tbk and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Cemindo Gemilang Tbk's current Receivables Turnover is 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Cemindo Gemilang Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Cemindo Gemilang Tbk (ISX:CMNT) is currently considered Fairly Valued. The stock's GF Value™ is Rp880.88, compared to a current price of Rp800.00 — trading 9.2% below its estimated fair value. The current Receivables Turnover is 3.38 and 46.8% below the Building Materials industry median of 6.35. PT Cemindo Gemilang Tbk's overall GF Score™ is 72/100 with 7 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 Cemindo Gemilang Tbk (ISX:CMNT), the current Receivables Turnover is 3.38 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 Cemindo Gemilang Tbk (ISX:CMNT) Overvalued in 2026?

Based on GuruFocus' analysis, PT Cemindo Gemilang Tbk stock appears to be undervalued. The current stock price of Rp800.00 is trading 9.2% below its estimated GF Value™ of Rp880.88. GuruFocus considers PT Cemindo Gemilang Tbk to be Fairly Valued.

Key valuation signals for ISX:CMNT:

  • Receivables Turnover: 3.38
  • GF Value™: Rp880.88 vs. price of Rp800.00 (9.2% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 46.8% below the Building Materials median (#65 of 404)

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


PT Cemindo Gemilang Tbk Business Description

Address Jalan H.R. Rasuna Said Kav. C22, Gama Tower Lantai 43, Kel. Karet Kuningan, Kec. Setiabudi Jakarta Selatan, Jakarta, IDN, 12940
PT Cemindo Gemilang Tbk is an integrated cement company predominantly engaged in the manufacturing, marketing, and distribution of cement and clinker products. Its products are offered in Indonesia under the brand of Semen Merah Putih, and also in Vietnam under the brand of Chinfon Cement. Other than Indonesia and Vietnam, its cement is also exported to Australia, Philippines, Tahiti, Bangladesh, Sri Lanka, China, and Madagascar. The company conducts business activities in three operating segments: Cement and clinker, which derive maximum revenue, Concrete products, and Others. Geographically, it generates maximum revenue from Indonesia.
72GF Score

Get the complete analysis for ISX:CMNT

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

Rp800.00
Price
Rp880.88
GF Value