PT Ciputra Development Tbk (ISX:CTRA) Receivables Turnover: 3.90 (As of Mar. 2026)

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ISX:CTRA PT Ciputra Development Tbk ISX:CTRA
67 GF Score
Price Rp560.00
GF Value Rp1,398.34
Valuation Possible Value Trap
! 3 Warning Signs
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What is PT Ciputra Development Tbk Receivables Turnover?

PT Ciputra Development Tbk ISX:CTRA -1.75% 67 Receivables Turnover is 3.90 as of Mar. 2026. GuruFocus rates ISX:CTRA with a GF Score™ of 67/100 and a GF Value™ of Rp1,398.34 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,668 Real Estate companies, PT Ciputra Development Tbk ranks better than 63.13% 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 Ciputra Development Tbk's Revenue for the three months ended in Mar. 2026 was Rp2,557,503 Mil. PT Ciputra Development Tbk's average Accounts Receivable for the three months ended in Mar. 2026 was Rp655,365 Mil. Hence, PT Ciputra Development Tbk's Receivables Turnover for the three months ended in Mar. 2026 was 3.90.


PT Ciputra Development Tbk  (ISX:CTRA) 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 Ciputra Development Tbk Receivables Turnover Related Terms


PT Ciputra Development Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Ciputra Development 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 Ciputra Development Tbk Receivables Turnover Chart

PT Ciputra Development 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 10.32 10.81 12.21 14.81 17.57

PT Ciputra Development 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 3.49 4.24 3.62 6.26 3.90

PT Ciputra Development Tbk Receivables Turnover Competitor Comparison

For the Real Estate - Development subindustry, PT Ciputra Development 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 Ciputra Development Tbk Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Ciputra Development Tbk's Receivables Turnover distribution charts can be found below:

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


ISX:CTRA
67GF Score
PT Ciputra Development Tbk ISX:CTRA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Ciputra Development Tbk Receivables Turnover Calculation

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

PT Ciputra Development 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 )
=12616695 / ((776660 + 659821) / 2 )
=12616695 / 718240.5
=17.57

PT Ciputra Development 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 )
=2557503 / ((659821 + 650908) / 2 )
=2557503 / 655364.5
=3.90

* 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 3.90 mean?
PT Ciputra Development Tbk (ISX:CTRA) has a Receivables Turnover of 3.90 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 Ciputra Development Tbk and its competitors. According to the industry distribution chart, PT Ciputra Development Tbk ranks #615 out of 1668 companies in the Real Estate industry, placing it in the top 36.9%.
Is PT Ciputra Development Tbk's Receivables Turnover too high?
PT Ciputra Development Tbk's current Receivables Turnover is 3.90. The Real Estate industry median Receivables Turnover is 10.64. PT Ciputra Development Tbk's value of 3.90 is 63.3% below this industry median. Based on the distribution chart, PT Ciputra Development Tbk ranks #615 out of 1668 companies in the Real Estate industry, which is above the industry midpoint. Overall, PT Ciputra Development Tbk has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Ciputra Development Tbk's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, PT Ciputra Development Tbk ranks #615 out of 1668 companies for Receivables Turnover. This puts PT Ciputra Development Tbk in the upper half of its industry. The industry median Receivables Turnover is 10.64. PT Ciputra Development Tbk's value of 3.90 is 63.3% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.64, based on 1,668 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 Ciputra Development Tbk's current Receivables Turnover of 3.90 is 63.3% 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 Ciputra Development Tbk and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Ciputra Development Tbk's current Receivables Turnover is 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Ciputra Development Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Ciputra Development Tbk (ISX:CTRA) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,398.34, compared to a current price of Rp560.00 — trading 60% below its estimated fair value. The current Receivables Turnover is 3.90 and 63.3% below the Real Estate industry median of 10.64. PT Ciputra Development Tbk's overall GF Score™ is 67/100 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 Ciputra Development Tbk (ISX:CTRA), the current Receivables Turnover is 3.90 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 Ciputra Development Tbk (ISX:CTRA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Ciputra Development Tbk stock appears to be undervalued. The current stock price of Rp560.00 is trading 60% below its estimated GF Value™ of Rp1,398.34. GuruFocus considers PT Ciputra Development Tbk to be Possible Value Trap.

Key valuation signals for ISX:CTRA:

  • Receivables Turnover: 3.90
  • GF Value™: Rp1,398.34 vs. price of Rp560.00 (60% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 63.3% below the Real Estate median (#615 of 1668)

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


PT Ciputra Development Tbk Business Description

Address Jalan Prof. Dr. Satrio Kav. 3-5, 39th Floor, Ciputra World 1, DBS Bank Tower, Jakarta, IDN, 12940
PT Ciputra Development Tbk is a property company in Indonesia. It targets the mid-high-income segment and has developed numerous projects across cities in Indonesia. The firm operates in two segments. Residential segment that derives the majority of revenue comprises the development of housing and other properties for sale, including land provision, integrated township development with supporting infrastructure and public facilities, and management of landed residential areas, as well as the sale of strata-title apartments and office spaces (high-rise developments). Commercial Property segment includes the development and management of shopping centers and commercial estates, hotels, leased apartments and office spaces, healthcare services, golf courses, and other recreational facilities.
67GF Score

Get the complete analysis for ISX:CTRA

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

Rp560.00
Price
Rp1,398.34
GF Value