PT Trimegah Bangun Persada Tbk (ISX:NCKL) Receivables Turnover : 3.83 (As of Sep. 2024)

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What is PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk's Revenue for the three months ended in Sep. 2024 was Rp7,574,520 Mil. PT Trimegah Bangun Persada Tbk's average Accounts Receivable for the three months ended in Sep. 2024 was Rp1,975,638 Mil. Hence, PT Trimegah Bangun Persada Tbk's Receivables Turnover for the three months ended in Sep. 2024 was 3.83.

PT Trimegah Bangun Persada Tbk Receivables Turnover Historical Data

The historical data trend for PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk Receivables Turnover Chart

PT Trimegah Bangun Persada Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

114.97

67.92

55.30

57.95

33.50

PT Trimegah Bangun Persada Tbk Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial									3.73	3.62	4.03	3.72	3.83

Competitive Comparison of PT Trimegah Bangun Persada Tbk's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, PT Trimegah Bangun Persada 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 Trimegah Bangun Persada Tbk's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Trimegah Bangun Persada Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Trimegah Bangun Persada Tbk's Receivables Turnover falls into.

PT Trimegah Bangun Persada Tbk Receivables Turnover Calculation

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

PT Trimegah Bangun Persada 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 )
=	23857861	/ (	(181406	+	1242804)	/	2 )
=	23857861	/	712105
=	33.50

PT Trimegah Bangun Persada Tbk's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	7574520	/ (	(1882202	+	2069074)	/	2 )
=	7574520	/	1975638
=	3.83

PT Trimegah Bangun Persada Tbk (ISX:NCKL) 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 Trimegah Bangun Persada Tbk Receivables Turnover Related Terms

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PT Trimegah Bangun Persada Tbk Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jendral Sudirman Kav. 1, Gedung Bank Panin Lt. 2, Kelurahan Gelora, Kecamatan Tanah Abang, Jakarta Pusat, IDN, 10270

Website

https://www.tbpnickel.com

TBP Group is an Indonesian nickel producer with upstream and downstream capabilities primarily based on Obi Islands in North Maluku province. Based on AME Mineral Economics' estimates for 2022 nickel mining volumes, TBP Group is the largest pure-play nickel producer in Indonesia. Since its establishment, it has gained vital support from controlling owner Harita Jayaraya, part of the Harita Group, a conglomerate with over 100 years of business experience in Indonesia.

PT Trimegah Bangun Persada Tbk Headlines

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