PT Meratus Jasa Prima Tbk (ISX:KARW) Receivables Turnover: 0.74 (As of Jun. 2026)

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ISX:KARW PT Meratus Jasa Prima Tbk ISX:KARW
61 GF Score
Price Rp212.00
GF Value Rp451.41
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT Meratus Jasa Prima Tbk Receivables Turnover?

PT Meratus Jasa Prima Tbk ISX:KARW 61 Receivables Turnover is 0.74 as of Jun. 2026. GuruFocus rates ISX:KARW with a GF Score™ of 61/100 and a GF Value™ of Rp451.41 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 997 Transportation companies, PT Meratus Jasa Prima Tbk ranks worse than 95.19% 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 Meratus Jasa Prima Tbk's Revenue for the three months ended in Jun. 2026 was Rp27,574 Mil. PT Meratus Jasa Prima Tbk's average Accounts Receivable for the three months ended in Jun. 2026 was Rp37,379 Mil. Hence, PT Meratus Jasa Prima Tbk's Receivables Turnover for the three months ended in Jun. 2026 was 0.74.


PT Meratus Jasa Prima Tbk  (ISX:KARW) 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 Meratus Jasa Prima Tbk Receivables Turnover Related Terms


PT Meratus Jasa Prima Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Meratus Jasa Prima 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 Meratus Jasa Prima Tbk Receivables Turnover Chart

PT Meratus Jasa Prima 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 2.18 5.19 4.29 2.89 1.96

PT Meratus Jasa Prima Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.32 0.33 0.47 0.44 0.74

PT Meratus Jasa Prima Tbk Receivables Turnover Competitor Comparison

For the Marine Shipping subindustry, PT Meratus Jasa Prima 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 Meratus Jasa Prima Tbk Receivables Turnover vs Transportation Industry

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

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


ISX:KARW
61GF Score
PT Meratus Jasa Prima Tbk ISX:KARW
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Meratus Jasa Prima Tbk Receivables Turnover Calculation

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

PT Meratus Jasa Prima 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 )
=92607.598 / ((29810.585 + 64506.213) / 2 )
=92607.598 / 47158.399
=1.96

PT Meratus Jasa Prima Tbk's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=27574.419 / ((37329.225 + 37428.824) / 2 )
=27574.419 / 37379.0245
=0.74

* 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 0.74 mean?
PT Meratus Jasa Prima Tbk (ISX:KARW) has a Receivables Turnover of 0.74 as of Jun. 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 Meratus Jasa Prima Tbk and its competitors. According to the industry distribution chart, PT Meratus Jasa Prima Tbk ranks #949 out of 997 companies in the Transportation industry, placing it in the top 95.2%.
Is PT Meratus Jasa Prima Tbk's Receivables Turnover too high?
PT Meratus Jasa Prima Tbk's current Receivables Turnover is 0.74. The Transportation industry median Receivables Turnover is 7.81. PT Meratus Jasa Prima Tbk's value of 0.74 is 90.5% below this industry median. Based on the distribution chart, PT Meratus Jasa Prima Tbk ranks #949 out of 997 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PT Meratus Jasa Prima Tbk has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Meratus Jasa Prima Tbk's Receivables Turnover compare to competitors?
According to the Transportation industry distribution chart, PT Meratus Jasa Prima Tbk ranks #949 out of 997 companies for Receivables Turnover. This places PT Meratus Jasa Prima Tbk in the lower half of its industry. The industry median Receivables Turnover is 7.81. PT Meratus Jasa Prima Tbk's value of 0.74 is 90.5% 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 7.81, based on 997 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 Meratus Jasa Prima Tbk's current Receivables Turnover of 0.74 is 90.5% 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 Meratus Jasa Prima Tbk and its competitors. For the Transportation industry, the median Receivables Turnover is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Meratus Jasa Prima Tbk's current Receivables Turnover is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Meratus Jasa Prima Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Meratus Jasa Prima Tbk (ISX:KARW) is currently considered Possible Value Trap. The stock's GF Value™ is Rp451.41, compared to a current price of Rp212.00 — trading 53% below its estimated fair value. The current Receivables Turnover is 0.74 and 90.5% below the Transportation industry median of 7.81. PT Meratus Jasa Prima Tbk's overall GF Score™ is 61/100 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 Meratus Jasa Prima Tbk (ISX:KARW), the current Receivables Turnover is 0.74 as of Jun. 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 Meratus Jasa Prima Tbk (ISX:KARW) Overvalued in 2026?

Based on GuruFocus' analysis, PT Meratus Jasa Prima Tbk stock appears to be undervalued. The current stock price of Rp212.00 is trading 53% below its estimated GF Value™ of Rp451.41. GuruFocus considers PT Meratus Jasa Prima Tbk to be Possible Value Trap.

Key valuation signals for ISX:KARW:

  • Receivables Turnover: 0.74
  • GF Value™: Rp451.41 vs. price of Rp212.00 (53% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 90.5% below the Transportation median (#949 of 997)

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


PT Meratus Jasa Prima Tbk Business Description

Address Jalan Enggano Kel. Tanjung Priok, Kec. Tanjung Priok, Jakarta Utara, Jakarta, IDN, 14310
PT Meratus Jasa Prima Tbk is engaged in transportation consulting activities. The company also engages in supporting business activities in the scope of construction of non-fishery port buildings, dredging, cold storage activities, sea port service activities, wholesale trade in sea transportation equipment, parts and supplies. Its products and services include the management and operation of stevedoring equipment at Terminals 300, 301, 302, and 303 of Tanjung Priok Port to support container handling activities. These services also cover cargodoring, lift on/lift off, and trucking, in accordance with the applicable systems and procedures at port. It operates in single segment of stevedoring services in Port of Tanjung Priok, Jakarta.
61GF Score

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

Rp212.00
Price
Rp451.41
GF Value