PT Garuda Maintenance Facility Aero Asia Tbk (ISX:GMFI) Receivables Turnover : 1.97 (As of Mar. 2025)

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What is PT Garuda Maintenance Facility Aero Asia 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 Garuda Maintenance Facility Aero Asia Tbk's Revenue for the three months ended in Mar. 2025 was Rp1,570,489 Mil. PT Garuda Maintenance Facility Aero Asia Tbk's average Accounts Receivable for the three months ended in Mar. 2025 was Rp798,677 Mil. Hence, PT Garuda Maintenance Facility Aero Asia Tbk's Receivables Turnover for the three months ended in Mar. 2025 was 1.97.

PT Garuda Maintenance Facility Aero Asia Tbk Receivables Turnover Historical Data

The historical data trend for PT Garuda Maintenance Facility Aero Asia 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 Garuda Maintenance Facility Aero Asia Tbk Receivables Turnover Chart

PT Garuda Maintenance Facility Aero Asia Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.76

2.81

5.67

7.83

8.02

PT Garuda Maintenance Facility Aero Asia Tbk Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															2.03	2.70	1.56	1.78	1.97

Competitive Comparison of PT Garuda Maintenance Facility Aero Asia Tbk's Receivables Turnover

For the Aerospace & Defense subindustry, PT Garuda Maintenance Facility Aero Asia 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 Garuda Maintenance Facility Aero Asia Tbk's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, PT Garuda Maintenance Facility Aero Asia Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Garuda Maintenance Facility Aero Asia Tbk's Receivables Turnover falls into.

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PT Garuda Maintenance Facility Aero Asia Tbk Receivables Turnover Calculation

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

PT Garuda Maintenance Facility Aero Asia Tbk's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	6754655.198	/ (	(884321.55	+	799593.973)	/	2 )
=	6754655.198	/	841957.7615
=	8.02

PT Garuda Maintenance Facility Aero Asia Tbk's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	1570489.384	/ (	(799593.973	+	797760.914)	/	2 )
=	1570489.384	/	798677.4435
=	1.97

PT Garuda Maintenance Facility Aero Asia Tbk (ISX:GMFI) 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 Garuda Maintenance Facility Aero Asia Tbk Receivables Turnover Related Terms

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PT Garuda Maintenance Facility Aero Asia Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » PT Garuda Maintenance Facility Aero Asia Tbk (ISX:GMFI) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

PT Garuda Maintenance Facility Aero Asia Tbk, Second Floor, South Lobby Hangar 4, Soekarno-Hatta Airport Office Area, Pajang Village, Benda District, Tangerang, IDN, 15125

Website

https://www.gmf-aeroasia.co.id

PT Garuda Maintenance Facility Aero Asia Tbk is an Indonesia-based aircraft maintenance company. It offers various services including line maintenance, base maintenance, component services, engineering services, components maintenance and calibration, material services, logistics, cabin maintenance services, and other services. It also offers consulting services, training, and provision of experts in the field of aircraft maintenance, components, and engines. The company's operating segments are repairs and maintenance airframe, engine, and component segment, which is the revenue driver for the company; Line maintenance and technical ground handling segment; and other operations.