PT Multi Medika Internasional Tbk (ISX:MMIX) Receivables Turnover: 5.70 (As of Dec. 2021)

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ISX:MMIX PT Multi Medika Internasional Tbk ISX:MMIX
24 GF Score
Price Rp760.00
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What is PT Multi Medika Internasional Tbk Receivables Turnover?

PT Multi Medika Internasional Tbk ISX:MMIX +0.67% 24 Receivables Turnover is 5.70 as of Dec. 2021. GuruFocus rates ISX:MMIX with a GF Score™ of 24/100.

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 Multi Medika Internasional Tbk's Revenue for the six months ended in Dec. 2021 was Rp181,842 Mil. PT Multi Medika Internasional Tbk's average Accounts Receivable for the six months ended in Dec. 2021 was Rp31,888 Mil. Hence, PT Multi Medika Internasional Tbk's Receivables Turnover for the six months ended in Dec. 2021 was 5.70.


PT Multi Medika Internasional Tbk  (ISX:MMIX) 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 Multi Medika Internasional Tbk Receivables Turnover Related Terms


PT Multi Medika Internasional Tbk Receivables Turnover Historical Data

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The historical data trend for PT Multi Medika Internasional 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 Multi Medika Internasional Tbk Receivables Turnover Chart

PT Multi Medika Internasional Tbk Annual Data
Trend Dec20 Dec21
Receivables Turnover
0.00 5.70

PT Multi Medika Internasional Tbk Semi-Annual Data
Dec20 Dec21
Receivables Turnover 0.00 5.70

PT Multi Medika Internasional Tbk Receivables Turnover Competitor Comparison

For the Pharmaceutical Retailers subindustry, PT Multi Medika Internasional 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 Multi Medika Internasional Tbk Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PT Multi Medika Internasional Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Multi Medika Internasional Tbk's Receivables Turnover falls into.


ISX:MMIX
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PT Multi Medika Internasional Tbk ISX:MMIX
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PT Multi Medika Internasional Tbk Receivables Turnover Calculation

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

PT Multi Medika Internasional Tbk's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=181842.177 / ((690.448 + 63086.351) / 2 )
=181842.177 / 31888.3995
=5.70

PT Multi Medika Internasional Tbk's Receivables Turnover for the quarter that ended in Dec. 2021 is calculated as

Receivables Turnover (Q: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Dec. 2021 )) / count )
=181842.177 / ((690.448 + 63086.351) / 2 )
=181842.177 / 31888.3995
=5.70

* 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 5.70 mean?
PT Multi Medika Internasional Tbk (ISX:MMIX) has a Receivables Turnover of 5.70 as of Dec. 2021. 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 Multi Medika Internasional Tbk and its competitors.
Is PT Multi Medika Internasional Tbk's Receivables Turnover too high?
PT Multi Medika Internasional Tbk's current Receivables Turnover is 5.70. The Healthcare Providers & Services industry median Receivables Turnover is 7.94. PT Multi Medika Internasional Tbk's value of 5.70 is 28.2% below this industry median. Overall, PT Multi Medika Internasional Tbk has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Medika Internasional Tbk's Receivables Turnover compare to competitors?
PT Multi Medika Internasional Tbk's Receivables Turnover of 5.70 can be compared against companies in the Healthcare Providers & Services industry. The industry median Receivables Turnover is 7.94. PT Multi Medika Internasional Tbk's value of 5.70 is 28.2% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.94, based on 659 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 Multi Medika Internasional Tbk's current Receivables Turnover of 5.70 is 28.2% 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 Multi Medika Internasional Tbk and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Medika Internasional Tbk's current Receivables Turnover is 5.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Medika Internasional Tbk stock overvalued right now?
PT Multi Medika Internasional Tbk (ISX:MMIX) has a current Receivables Turnover of 5.70. The current Receivables Turnover is 5.70 and 28.2% below the Healthcare Providers & Services industry median of 7.94. PT Multi Medika Internasional Tbk's overall GF Score™ is 24/100. 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 Multi Medika Internasional Tbk (ISX:MMIX), the current Receivables Turnover is 5.70 as of Dec. 2021. 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 Multi Medika Internasional Tbk Business Description

Address Jl. Peternakan III No.55B, Kelurahan Kapuk, Kecamatan Cengkareng, Jakarta Barat, DKI Jakarta, Kode Pos, Jakarta, IDN, 11720
PT Multi Medika Internasional Tbk is engaged in the wholesale trading of medical devices and pharmaceutical and laboratory equipment for humans, operating lease, and non-copyrighted works. It also wholesales other food and beverages, such as rice flour, tapioca flour, bakery premix, caramel, processed honey, shrimp crackers and others; agricultural food and beverages, such as herbs and spices; livestock and fisheries; non-alcoholic beverages, such as fruit juice, soft drinks, mineral water, bottled water, and other similar products; cosmetics for humans such as perfume, soap, powder and others. Its segments include Mask and other non food and beverages, and food and beverages. It derives the majoritf of the revenue from Mask and other non food and beverages segments.
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