PT Jasa Armada Indonesia Tbk (ISX:IPCM) Receivables Turnover: 0.95 (As of Mar. 2026)


ISX:IPCM PT Jasa Armada Indonesia Tbk ISX:IPCM
96 GF Score
Price Rp310.00
GF Value Rp351.97
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PT Jasa Armada Indonesia Tbk Receivables Turnover?

PT Jasa Armada Indonesia Tbk ISX:IPCM 96 Receivables Turnover is 0.95 as of Mar. 2026. GuruFocus rates ISX:IPCM with a GF Score™ of 96/100 and a GF Value™ of Rp351.97 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 996 Transportation companies, PT Jasa Armada Indonesia Tbk ranks worse than 68.88% 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 Jasa Armada Indonesia Tbk's Revenue for the three months ended in Mar. 2026 was Rp347,222 Mil. PT Jasa Armada Indonesia Tbk's average Accounts Receivable for the three months ended in Mar. 2026 was Rp365,322 Mil. Hence, PT Jasa Armada Indonesia Tbk's Receivables Turnover for the three months ended in Mar. 2026 was 0.95.


PT Jasa Armada Indonesia Tbk  (ISX:IPCM) 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 Jasa Armada Indonesia Tbk Receivables Turnover Related Terms


PT Jasa Armada Indonesia Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk Receivables Turnover Chart

PT Jasa Armada Indonesia 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 8.25 10.41 13.83 6.11 3.89

PT Jasa Armada Indonesia 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 1.25 1.81 1.85 1.40 0.95

PT Jasa Armada Indonesia Tbk Receivables Turnover Competitor Comparison

For the Marine Shipping subindustry, PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, PT Jasa Armada Indonesia Tbk's Receivables Turnover distribution charts can be found below:

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


ISX:IPCM
96GF Score
PT Jasa Armada Indonesia Tbk ISX:IPCM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Jasa Armada Indonesia Tbk Receivables Turnover Calculation

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

PT Jasa Armada Indonesia 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 )
=1474807.574 / ((397807.95 + 360492.066) / 2 )
=1474807.574 / 379150.008
=3.89

PT Jasa Armada Indonesia 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 )
=347222.264 / ((360492.066 + 370151.823) / 2 )
=347222.264 / 365321.9445
=0.95

* 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 0.95 mean?
PT Jasa Armada Indonesia Tbk (ISX:IPCM) has a Receivables Turnover of 0.95 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 Jasa Armada Indonesia Tbk and its competitors. According to the industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #686 out of 996 companies in the Transportation industry, placing it in the top 68.9%.
Is PT Jasa Armada Indonesia Tbk's Receivables Turnover too high?
PT Jasa Armada Indonesia Tbk's current Receivables Turnover is 0.95. The Transportation industry median Receivables Turnover is 7.74. PT Jasa Armada Indonesia Tbk's value of 0.95 is 87.7% below this industry median. Based on the distribution chart, PT Jasa Armada Indonesia Tbk ranks #686 out of 996 companies in the Transportation industry, which is below the industry midpoint. Overall, PT Jasa Armada Indonesia Tbk has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Armada Indonesia Tbk's Receivables Turnover compare to competitors?
According to the Transportation industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #686 out of 996 companies for Receivables Turnover. This places PT Jasa Armada Indonesia Tbk in the lower half of its industry. The industry median Receivables Turnover is 7.74. PT Jasa Armada Indonesia Tbk's value of 0.95 is 87.7% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 996 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 Jasa Armada Indonesia Tbk's current Receivables Turnover of 0.95 is 87.7% 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 Jasa Armada Indonesia Tbk and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Armada Indonesia Tbk's current Receivables Turnover is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Armada Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk (ISX:IPCM) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp351.97, compared to a current price of Rp310.00 — trading 11.9% below its estimated fair value. The current Receivables Turnover is 0.95 and 87.7% below the Transportation industry median of 7.74. PT Jasa Armada Indonesia Tbk's overall GF Score™ is 96/100 with 2 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 Jasa Armada Indonesia Tbk (ISX:IPCM), the current Receivables Turnover is 0.95 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 Jasa Armada Indonesia Tbk (ISX:IPCM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk stock appears to be undervalued. The current stock price of Rp310.00 is trading 11.9% below its estimated GF Value™ of Rp351.97. GuruFocus considers PT Jasa Armada Indonesia Tbk to be Modestly Undervalued.

Key valuation signals for ISX:IPCM:

  • Receivables Turnover: 0.95
  • GF Value™: Rp351.97 vs. price of Rp310.00 (11.9% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 87.7% below the Transportation median (#686 of 996)

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


PT Jasa Armada Indonesia Tbk Business Description

Address Jalan Yos Sudarso No. 9, Pelindo Tower, 8th & 9th Floor, Rawa Badak Utara, Koja, North Jakarta, Jakarta, IDN, 14230
PT Jasa Armada Indonesia Tbk is engaged in pilotage and towage services for container vessels, dry and liquid bulk, inland waterways, and offshore STS. The company also provides fleet maintenance services. The company's operating segments are Vessel Services, and Freight Services & Other Services. The company generates maximum revenue from the Vessel services segment.
96GF Score

Get the complete analysis for ISX:IPCM

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

Rp310.00
Price
Rp351.97
GF Value