PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Receivables Turnover: 1.69 (As of Mar. 2026)

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ISX:MAHA PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
76 GF Score
Price Rp141.00
GF Value Rp232.76
Valuation Significantly Undervalued
! 3 Warning Signs
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What is PT Mandiri Herindo Adiperkasa Tbk Receivables Turnover?

PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA 76 Receivables Turnover is 1.69 as of Mar. 2026. GuruFocus rates ISX:MAHA with a GF Score™ of 76/100 and a GF Value™ of Rp232.76 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 998 Transportation companies, PT Mandiri Herindo Adiperkasa Tbk ranks worse than 52% 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 Mandiri Herindo Adiperkasa Tbk's Revenue for the three months ended in Mar. 2026 was Rp724,486 Mil. PT Mandiri Herindo Adiperkasa Tbk's average Accounts Receivable for the three months ended in Mar. 2026 was Rp429,734 Mil. Hence, PT Mandiri Herindo Adiperkasa Tbk's Receivables Turnover for the three months ended in Mar. 2026 was 1.69.


PT Mandiri Herindo Adiperkasa Tbk  (ISX:MAHA) 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 Mandiri Herindo Adiperkasa Tbk Receivables Turnover Related Terms


PT Mandiri Herindo Adiperkasa Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Receivables Turnover Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 10.20 10.31 7.64 6.76 6.66

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
Dec20 Dec21 Mar22 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 1.67 1.71 1.98 1.99 1.69

ISX:MAHA vs ODFL, XPO, KNX: Receivables Turnover Comparison

For the Trucking subindustry, PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Mandiri Herindo Adiperkasa Tbk's Receivables Turnover falls into.


ISX:MAHA
76GF Score
PT Mandiri Herindo Adiperkasa Tbk ISX:MAHA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Mandiri Herindo Adiperkasa Tbk Receivables Turnover Calculation

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

PT Mandiri Herindo Adiperkasa 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 )
=2922315.185 / ((426557.448 + 450855.984) / 2 )
=2922315.185 / 438706.716
=6.66

PT Mandiri Herindo Adiperkasa 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 )
=724485.868 / ((450855.984 + 408612.237) / 2 )
=724485.868 / 429734.1105
=1.69

* 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 1.69 mean?
PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) has a Receivables Turnover of 1.69 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 Mandiri Herindo Adiperkasa Tbk and its competitors. According to the industry distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #519 out of 998 companies in the Transportation industry, placing it in the top 52%.
Is PT Mandiri Herindo Adiperkasa Tbk's Receivables Turnover too high?
PT Mandiri Herindo Adiperkasa Tbk's current Receivables Turnover is 1.69. The Transportation industry median Receivables Turnover is 7.74. PT Mandiri Herindo Adiperkasa Tbk's value of 1.69 is 78.2% below this industry median. Based on the distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #519 out of 998 companies in the Transportation industry, which is below the industry midpoint. Overall, PT Mandiri Herindo Adiperkasa Tbk has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Mandiri Herindo Adiperkasa Tbk's Receivables Turnover compare to ODFL and XPO?
According to the Transportation industry distribution chart, PT Mandiri Herindo Adiperkasa Tbk ranks #519 out of 998 companies for Receivables Turnover. This places PT Mandiri Herindo Adiperkasa Tbk in the lower half of its industry. The industry median Receivables Turnover is 7.74. PT Mandiri Herindo Adiperkasa Tbk's value of 1.69 is 78.2% 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 998 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 Mandiri Herindo Adiperkasa Tbk's current Receivables Turnover of 1.69 is 78.2% 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 Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk's current Receivables Turnover is 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Mandiri Herindo Adiperkasa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp232.76, compared to a current price of Rp141.00 — trading 39.4% below its estimated fair value. The current Receivables Turnover is 1.69 and 78.2% below the Transportation industry median of 7.74. PT Mandiri Herindo Adiperkasa Tbk's overall GF Score™ is 76/100 with 3 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA), the current Receivables Turnover is 1.69 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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Mandiri Herindo Adiperkasa Tbk stock appears to be undervalued. The current stock price of Rp141.00 is trading 39.4% below its estimated GF Value™ of Rp232.76. GuruFocus considers PT Mandiri Herindo Adiperkasa Tbk to be Significantly Undervalued.

Key valuation signals for ISX:MAHA:

  • Receivables Turnover: 1.69
  • GF Value™: Rp232.76 vs. price of Rp141.00 (39.4% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 78.2% below the Transportation median (#519 of 998)

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


PT Mandiri Herindo Adiperkasa Tbk Business Description

Address Jl. Jend. Sudirman Kav. 52 - 53, Senopati Raya No. 8B, Gedung Office 8, Floor 31, Unit A, SCBD Lot 28, Kebayoran Baru, Jakarta, IDN, 12190
PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers, and dump trucks, with variations in payload capacity and equipment specifications according to the needs of the employer. The company classifies its business into three geographical segments, which are North Kalimantan, East Kalimantan, and Central Kalimantan. The company generates the majority of its revenue from the East Kalimantan segment.
76GF Score

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

Rp141.00
Price
Rp232.76
GF Value