PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Receivables Turnover: 8.92 (As of Mar. 2026)

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ISX:GOTO PT Goto Gojek Tokopedia Tbk ISX:GOTO
74 GF Score
Price Rp50.00
GF Value Rp85.75
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT Goto Gojek Tokopedia Tbk Receivables Turnover?

PT Goto Gojek Tokopedia Tbk ISX:GOTO 74 Receivables Turnover is 8.92 as of Mar. 2026. GuruFocus rates ISX:GOTO with a GF Score™ of 74/100 and a GF Value™ of Rp85.75 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,783 Software companies, PT Goto Gojek Tokopedia Tbk ranks better than 95.33% 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 Goto Gojek Tokopedia Tbk's Revenue for the three months ended in Mar. 2026 was Rp5,341,314 Mil. PT Goto Gojek Tokopedia Tbk's average Accounts Receivable for the three months ended in Mar. 2026 was Rp598,500 Mil. Hence, PT Goto Gojek Tokopedia Tbk's Receivables Turnover for the three months ended in Mar. 2026 was 8.92.


PT Goto Gojek Tokopedia Tbk  (ISX:GOTO) 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 Goto Gojek Tokopedia Tbk Receivables Turnover Related Terms


PT Goto Gojek Tokopedia Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk Receivables Turnover Chart

PT Goto Gojek Tokopedia Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 11.61 20.01 24.07 29.96 36.38

PT Goto Gojek Tokopedia Tbk Quarterly Data
Dec20 Jul21 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 8.66 6.41 6.39 8.40 8.92

ISX:GOTO vs MSFT, ORCL, PLTR: Receivables Turnover Comparison

For the Software - Infrastructure subindustry, PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk Receivables Turnover vs Software Industry

For the Software industry and Technology sector, PT Goto Gojek Tokopedia Tbk's Receivables Turnover distribution charts can be found below:

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


ISX:GOTO
74GF Score
PT Goto Gojek Tokopedia Tbk ISX:GOTO
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Goto Gojek Tokopedia Tbk Receivables Turnover Calculation

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

PT Goto Gojek Tokopedia 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 )
=18322117 / ((459969 + 547293) / 2 )
=18322117 / 503631
=36.38

PT Goto Gojek Tokopedia 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 )
=5341314 / ((547293 + 649707) / 2 )
=5341314 / 598500
=8.92

* 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 8.92 mean?
PT Goto Gojek Tokopedia Tbk (ISX:GOTO) has a Receivables Turnover of 8.92 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 Goto Gojek Tokopedia Tbk and its competitors. According to the industry distribution chart, PT Goto Gojek Tokopedia Tbk ranks #130 out of 2783 companies in the Software industry, placing it in the top 4.7%.
Is PT Goto Gojek Tokopedia Tbk's Receivables Turnover too high?
PT Goto Gojek Tokopedia Tbk's current Receivables Turnover is 8.92. The Software industry median Receivables Turnover is 5.74. PT Goto Gojek Tokopedia Tbk's value of 8.92 is 55.4% above this industry median. Based on the distribution chart, PT Goto Gojek Tokopedia Tbk ranks #130 out of 2783 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, PT Goto Gojek Tokopedia Tbk has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Goto Gojek Tokopedia Tbk's Receivables Turnover compare to MSFT and ORCL?
According to the Software industry distribution chart, PT Goto Gojek Tokopedia Tbk ranks #130 out of 2783 companies for Receivables Turnover. This places PT Goto Gojek Tokopedia Tbk in the top 5% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.74. PT Goto Gojek Tokopedia Tbk's value of 8.92 is 55.4% above 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 Software company?
The median Receivables Turnover among Software companies is 5.74, based on 2,783 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 Goto Gojek Tokopedia Tbk's current Receivables Turnover of 8.92 is 55.4% above 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 Goto Gojek Tokopedia Tbk and its competitors. For the Software industry, the median Receivables Turnover is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Goto Gojek Tokopedia Tbk's current Receivables Turnover is 8.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Goto Gojek Tokopedia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk (ISX:GOTO) is currently considered Possible Value Trap. The stock's GF Value™ is Rp85.75, compared to a current price of Rp50.00 — trading 41.7% below its estimated fair value. The current Receivables Turnover is 8.92 and 55.4% above the Software industry median of 5.74. PT Goto Gojek Tokopedia Tbk's overall GF Score™ is 74/100 with 5 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 Goto Gojek Tokopedia Tbk (ISX:GOTO), the current Receivables Turnover is 8.92 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 Goto Gojek Tokopedia Tbk (ISX:GOTO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk stock appears to be undervalued. The current stock price of Rp50.00 is trading 41.7% below its estimated GF Value™ of Rp85.75. GuruFocus considers PT Goto Gojek Tokopedia Tbk to be Possible Value Trap.

Key valuation signals for ISX:GOTO:

  • Receivables Turnover: 8.92
  • GF Value™: Rp85.75 vs. price of Rp50.00 (41.7% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 55.4% above the Software median (#130 of 2783)

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


PT Goto Gojek Tokopedia Tbk Business Description

Other Exchanges GTOFF:USACK8:Germany
Address Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160
GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the financial services business to account for the majority of revenue while its on-demand business begins to become less of a priority. Prior to the deconsolidation, 82% of nonfinancial services' gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy-now, pay-later programs. The company competes with Grab in the ride-hailing and delivery business.
74GF Score

Get the complete analysis for ISX:GOTO

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

Rp50.00
Price
Rp85.75
GF Value