PT Citatah Tbk (ISX:CTTH) Receivables Turnover : 0.48 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is PT Citatah 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 Citatah Tbk's Revenue for the three months ended in Mar. 2024 was Rp37,387 Mil. PT Citatah Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp78,339 Mil. Hence, PT Citatah Tbk's Receivables Turnover for the three months ended in Mar. 2024 was 0.48.

PT Citatah Tbk Receivables Turnover Historical Data

The historical data trend for PT Citatah 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.

* Premium members only.

PT Citatah Tbk Receivables Turnover Chart

PT Citatah Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

1.17

1.05

1.25

1.49

1.27

PT Citatah 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															0.21	0.16	0.37	0.48	0.48

Competitive Comparison of PT Citatah Tbk's Receivables Turnover

For the Building Materials subindustry, PT Citatah 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 Citatah Tbk's Receivables Turnover Distribution in the Building Materials Industry

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

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

PT Citatah Tbk Receivables Turnover Calculation

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

PT Citatah 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 )
=	99239.654	/ (	(81655.385	+	74675.034)	/	2 )
=	99239.654	/	78165.2095
=	1.27

PT Citatah 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 )
=	37387.266	/ (	(74675.034	+	82002.867)	/	2 )
=	37387.266	/	78338.9505
=	0.48

PT Citatah Tbk (ISX:CTTH) 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 Citatah Tbk Receivables Turnover Related Terms

Thank you for viewing the detailed overview of PT Citatah Tbk's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Citatah Tbk (ISX:CTTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Citatah Tbk (ISX:CTTH) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Tarum Timur Number 64, Desa Tamelang, Kecamatan Purwasari, Jawa Barat, Karawang, IDN, 41373

Website

https://www.citatah.co.id

PT Citatah Tbk is an Indonesia-based company, engaged in quarrying, processing, and production of marble in Indonesia. It offers provides excellent end-to-end service from sourcing and designing to the installation of high-quality natural stone products. The company operates through Limestone and Imported Building Materials segments. Apart from being a producer of high-quality marble, Citatah also provides a wide range of exquisite imported natural stones. It also acts as the sole and exclusive distributor of many prestigious international brands for interior and exterior finishes products. It generates the majority of its revenue from Indonesia.