PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Receivables Turnover: 3.99 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ISX:MKAP PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
46 GF Score
Price Rp1,160.00
! 6 Warning Signs
View Full Analysis

What is PT Multikarya Asia Pasifik Raya Tbk Receivables Turnover?

PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP -0.43% 46 Receivables Turnover is 3.99 as of Dec. 2025. GuruFocus rates ISX:MKAP with a GF Score™ of 46/100. The stock has 6 warning signs investors should review. Among 895 Oil & Gas companies, PT Multikarya Asia Pasifik Raya Tbk ranks worse than 81.34% 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 Multikarya Asia Pasifik Raya Tbk's Revenue for the six months ended in Dec. 2025 was Rp405,636 Mil. PT Multikarya Asia Pasifik Raya Tbk's average Accounts Receivable for the six months ended in Dec. 2025 was Rp101,657 Mil. Hence, PT Multikarya Asia Pasifik Raya Tbk's Receivables Turnover for the six months ended in Dec. 2025 was 3.99.


PT Multikarya Asia Pasifik Raya Tbk  (ISX:MKAP) 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 Multikarya Asia Pasifik Raya Tbk Receivables Turnover Related Terms


PT Multikarya Asia Pasifik Raya Tbk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PT Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya Tbk Receivables Turnover Chart

PT Multikarya Asia Pasifik Raya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 5.39 5.71 4.80 5.20 3.99

PT Multikarya Asia Pasifik Raya Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover Get a 7-Day Free Trial 5.39 5.71 4.80 5.20 3.99

ISX:MKAP vs SLB, BKR, FTI: Receivables Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, PT Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya Tbk Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Multikarya Asia Pasifik Raya Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Multikarya Asia Pasifik Raya Tbk's Receivables Turnover falls into.


ISX:MKAP
46GF Score
PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multikarya Asia Pasifik Raya Tbk Receivables Turnover Calculation

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

PT Multikarya Asia Pasifik Raya 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 )
=405636.315 / ((89299.004 + 114015.03) / 2 )
=405636.315 / 101657.017
=3.99

PT Multikarya Asia Pasifik Raya Tbk's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=405636.315 / ((89299.004 + 114015.03) / 2 )
=405636.315 / 101657.017
=3.99

* 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 3.99 mean?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a Receivables Turnover of 3.99 as of Dec. 2025. 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 Multikarya Asia Pasifik Raya Tbk and its competitors. According to the industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #728 out of 895 companies in the Oil & Gas industry, placing it in the top 81.3%.
Is PT Multikarya Asia Pasifik Raya Tbk's Receivables Turnover too high?
PT Multikarya Asia Pasifik Raya Tbk's current Receivables Turnover is 3.99. The Oil & Gas industry median Receivables Turnover is 7.98. PT Multikarya Asia Pasifik Raya Tbk's value of 3.99 is 50% below this industry median. Based on the distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #728 out of 895 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, PT Multikarya Asia Pasifik Raya Tbk has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does PT Multikarya Asia Pasifik Raya Tbk's Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #728 out of 895 companies for Receivables Turnover. This places PT Multikarya Asia Pasifik Raya Tbk in the lower half of its industry. The industry median Receivables Turnover is 7.98. PT Multikarya Asia Pasifik Raya Tbk's value of 3.99 is 50% 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 an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.98, based on 895 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 Multikarya Asia Pasifik Raya Tbk's current Receivables Turnover of 3.99 is 50% 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 Multikarya Asia Pasifik Raya Tbk and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multikarya Asia Pasifik Raya Tbk's current Receivables Turnover is 3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multikarya Asia Pasifik Raya Tbk stock overvalued right now?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a current Receivables Turnover of 3.99. The current Receivables Turnover is 3.99 and 50% below the Oil & Gas industry median of 7.98. PT Multikarya Asia Pasifik Raya Tbk's overall GF Score™ is 46/100 with 6 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP), the current Receivables Turnover is 3.99 as of Dec. 2025. 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.

PT Multikarya Asia Pasifik Raya Tbk Business Description

Industry EnergyOil & Gas
Address Jalan TB Simatupang No 02, Cibis Nine, 16th Floor, Cilandak Timur, Pasar Minggu, South Jakarta, Jakarta, IDN, 12560
PT Multikarya Asia Pasifik Raya Tbk is engaged in the manufacturing and trading of services, as well as the rental and repair of pumps and other supporting equipment, including spare parts for the oil, natural gas, and mining industries. The firm operates through two main segments: Spare Parts and Procurement, and Rental and Services, with the majority of its revenue coming from the Spare Parts and Procurement segment. For the oil and gas industry, it offers products and services such as crude oil transfer to and from further processing, water reinjection production, water treatment injection plants, and pumps for mud, cement, and stimulation. In the mining industry, the company provides services for water drying and mud removal, along with reinstallation, repair, and rejuvenation of pump.
46GF Score

Get the complete analysis for ISX:MKAP

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

Rp1,160.00
Price