PT MNC Digital Entertainment Tbk (ISX:MSIN) Receivables Turnover : 0.83 (As of Mar. 2024)

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What is PT MNC Digital Entertainment 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 MNC Digital Entertainment Tbk's Revenue for the three months ended in Mar. 2024 was Rp760,720 Mil. PT MNC Digital Entertainment Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp913,760 Mil. Hence, PT MNC Digital Entertainment Tbk's Receivables Turnover for the three months ended in Mar. 2024 was 0.83.

PT MNC Digital Entertainment Tbk Receivables Turnover Historical Data

The historical data trend for PT MNC Digital Entertainment 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 MNC Digital Entertainment Tbk Receivables Turnover Chart

PT MNC Digital Entertainment Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.00

2.36

3.06

3.67

3.31

PT MNC Digital Entertainment Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.91	0.98	0.62	0.61	0.83

Competitive Comparison of PT MNC Digital Entertainment Tbk's Receivables Turnover

For the Entertainment subindustry, PT MNC Digital Entertainment 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 MNC Digital Entertainment Tbk's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT MNC Digital Entertainment Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT MNC Digital Entertainment Tbk's Receivables Turnover falls into.

PT MNC Digital Entertainment Tbk Receivables Turnover Calculation

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

PT MNC Digital Entertainment 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 )
=	2952629	/ (	(920325	+	865857)	/	2 )
=	2952629	/	893091
=	3.31

PT MNC Digital Entertainment Tbk's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	760720	/ (	(865857	+	961663)	/	2 )
=	760720	/	913760
=	0.83

PT MNC Digital Entertainment Tbk (ISX:MSIN) 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 MNC Digital Entertainment Tbk Receivables Turnover Related Terms

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PT MNC Digital Entertainment Tbk (ISX:MSIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT MNC Digital Entertainment Tbk (ISX:MSIN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Raya Pejuangan No. 1, Kebon Jeruk, MNC Pictures Building, MNC Studios Complex, West Jakarta, Jakarta, IDN, 11530

Website

https://www.msi.id

PT MNC Digital Entertainment Tbk is a film and entertainment company. The company caters to a diverse range of audiences through Content, Film Production, TV Series, Web Series Production, Infotainment Production, Advertising Agency, and Talent Management. Its operating segment includes Digital, Content and IP, Talent, and Subcription. The company generates maximum revenue from the Content and IP, Talent segment.

PT MNC Digital Entertainment Tbk (ISX:MSIN) Headlines

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