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PT Smartfren Telecom Tbk (ISX:FREN) Receivables Turnover : 9.08 (As of Jun. 2024)


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What is PT Smartfren Telecom 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 Smartfren Telecom Tbk's Revenue for the three months ended in Jun. 2024 was Rp2,794,059 Mil. PT Smartfren Telecom Tbk's average Accounts Receivable for the three months ended in Jun. 2024 was Rp307,669 Mil. Hence, PT Smartfren Telecom Tbk's Receivables Turnover for the three months ended in Jun. 2024 was 9.08.


PT Smartfren Telecom Tbk Receivables Turnover Historical Data

The historical data trend for PT Smartfren Telecom 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 Smartfren Telecom Tbk Receivables Turnover Chart

PT Smartfren Telecom Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.08 64.54 58.65 59.21 50.15

PT Smartfren Telecom Tbk Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.73 8.40 9.27 9.63 9.08

Competitive Comparison of PT Smartfren Telecom Tbk's Receivables Turnover

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

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

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



PT Smartfren Telecom Tbk Receivables Turnover Calculation

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

PT Smartfren Telecom 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 )
=11655708 / ((234897 + 229954) / 2 )
=11655708 / 232425.5
=50.15

PT Smartfren Telecom Tbk's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=2794059 / ((347001 + 268337) / 2 )
=2794059 / 307669
=9.08

* 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 Smartfren Telecom Tbk  (ISX:FREN) 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 Smartfren Telecom Tbk Receivables Turnover Related Terms

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PT Smartfren Telecom Tbk Business Description

Traded in Other Exchanges
Address
Jalan H. Agus Salim No. 45, Menteng, Jakarta Pusat, Jakarta, IDN, 10340
PT Smartfren Telecom Tbk is a telecommunications services provider. It provides CDMA and 4G LTE technology based telecommunication services with cellular and limited mobility. The Company operates and maintains its business in one segment that is providing cellular service and telecommunication network service to subscribers. It provides services to individuals as well as business. Geographically, the company operates in Indonesia.

PT Smartfren Telecom Tbk Headlines

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