PT Mitra Pinasthika Mustika Tbk (ISX:MPMX) Receivables Turnover : 15.27 (As of Dec. 2024)

View and export this data going back to 2013. Start your Free Trial

What is PT Mitra Pinasthika Mustika 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 Mitra Pinasthika Mustika Tbk's Revenue for the three months ended in Dec. 2024 was Rp3,934,083 Mil. PT Mitra Pinasthika Mustika Tbk's average Accounts Receivable for the three months ended in Dec. 2024 was Rp257,609 Mil. Hence, PT Mitra Pinasthika Mustika Tbk's Receivables Turnover for the three months ended in Dec. 2024 was 15.27.

PT Mitra Pinasthika Mustika Tbk Receivables Turnover Historical Data

The historical data trend for PT Mitra Pinasthika Mustika 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.

* Premium members only.

PT Mitra Pinasthika Mustika Tbk Receivables Turnover Chart

PT Mitra Pinasthika Mustika Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

27.23

45.96

52.50

59.61

65.69

PT Mitra Pinasthika Mustika Tbk Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															11.88	11.77	9.52	12.67	15.27

Competitive Comparison of PT Mitra Pinasthika Mustika Tbk's Receivables Turnover

For the Auto & Truck Dealerships subindustry, PT Mitra Pinasthika Mustika 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 Mitra Pinasthika Mustika Tbk's Receivables Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Mitra Pinasthika Mustika Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Mitra Pinasthika Mustika Tbk's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

PT Mitra Pinasthika Mustika Tbk Receivables Turnover Calculation

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

PT Mitra Pinasthika Mustika Tbk's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	15776406	/ (	(240350	+	239981)	/	2 )
=	15776406	/	240165.5
=	65.69

PT Mitra Pinasthika Mustika Tbk's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	3934083	/ (	(275236	+	239981)	/	2 )
=	3934083	/	257608.5
=	15.27

PT Mitra Pinasthika Mustika Tbk (ISX:MPMX) 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 Mitra Pinasthika Mustika Tbk Receivables Turnover Related Terms

Thank you for viewing the detailed overview of PT Mitra Pinasthika Mustika Tbk's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Mitra Pinasthika Mustika Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Mitra Pinasthika Mustika Tbk (ISX:MPMX) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan H.R. Rasuna Said Kav. B-12, Lippo Kuningan, 26th Floor, Karet Kuningan, Jakarta, IDN, 12940

Website

https://www.mpmgroup.co.id

PT Mitra Pinasthika Mustika Tbk is engaged in the automotive business. It distributes and retails motorcycles and four-wheel vehicles under the Honda, Nissan, and Datsun brands. Its business is classified into Distribution, retail and aftermarket includes purchasing, sales and services of two-wheel vehicles and its spareparts and Insurance segment includes general insurance. The company generates maximum revenue from the Distribution, retail and aftermarket segment.

PT Mitra Pinasthika Mustika Tbk Headlines

No Headlines