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PT Lenox Pasifik Investama Tbk (ISX:LPPS) Receivables Turnover : 2.75 (As of Sep. 2024)


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What is PT Lenox Pasifik Investama 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 Lenox Pasifik Investama Tbk's Revenue for the three months ended in Sep. 2024 was Rp63.0 Mil. PT Lenox Pasifik Investama Tbk's average Accounts Receivable for the three months ended in Sep. 2024 was Rp22.9 Mil. Hence, PT Lenox Pasifik Investama Tbk's Receivables Turnover for the three months ended in Sep. 2024 was 2.75.


PT Lenox Pasifik Investama Tbk Receivables Turnover Historical Data

The historical data trend for PT Lenox Pasifik Investama 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 Lenox Pasifik Investama Tbk Receivables Turnover Chart

PT Lenox Pasifik Investama 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 12.11 0.24 11.11 11.84 7.34

PT Lenox Pasifik Investama Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.75 1.83 1.83 1.24 2.75

Competitive Comparison of PT Lenox Pasifik Investama Tbk's Receivables Turnover

For the Capital Markets subindustry, PT Lenox Pasifik Investama 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 Lenox Pasifik Investama Tbk's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT Lenox Pasifik Investama Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Lenox Pasifik Investama Tbk's Receivables Turnover falls into.



PT Lenox Pasifik Investama Tbk Receivables Turnover Calculation

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

PT Lenox Pasifik Investama 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 )
=240 / ((21.8 + 43.6) / 2 )
=240 / 32.7
=7.34

PT Lenox Pasifik Investama Tbk's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=63 / ((22.89 + 22.89) / 2 )
=63 / 22.89
=2.75

* 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 Lenox Pasifik Investama Tbk  (ISX:LPPS) 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 Lenox Pasifik Investama Tbk Receivables Turnover Related Terms

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PT Lenox Pasifik Investama Tbk Business Description

Traded in Other Exchanges
Address
Ruko Pinangsia, Karawaci Office Park, Lantai 3, Blok M No.39-50, Lippo Karawaci, Tangerang, IDN, 15139
PT Lenox Pasifik Investama Tbk is engaged in the service sector carrying out activities such as holding companies and other management consulting activities. The company's revenue is divided into segments, namely, management consulting activities and investment income.

PT Lenox Pasifik Investama Tbk Headlines

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