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PT Pradiksi Gunatama Tbk (ISX:PGUN) Receivables Turnover : 6.20 (As of Sep. 2024)


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What is PT Pradiksi Gunatama 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 Pradiksi Gunatama Tbk's Revenue for the three months ended in Sep. 2024 was Rp129,186 Mil. PT Pradiksi Gunatama Tbk's average Accounts Receivable for the three months ended in Sep. 2024 was Rp20,835 Mil. Hence, PT Pradiksi Gunatama Tbk's Receivables Turnover for the three months ended in Sep. 2024 was 6.20.


PT Pradiksi Gunatama Tbk Receivables Turnover Historical Data

The historical data trend for PT Pradiksi Gunatama 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 Pradiksi Gunatama Tbk Receivables Turnover Chart

PT Pradiksi Gunatama Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
5.45 19.51 25.59 17.37 13.83

PT Pradiksi Gunatama Tbk Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.83 4.17 2.73 4.01 6.20

Competitive Comparison of PT Pradiksi Gunatama Tbk's Receivables Turnover

For the Farm Products subindustry, PT Pradiksi Gunatama 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 Pradiksi Gunatama Tbk's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Pradiksi Gunatama Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Pradiksi Gunatama Tbk's Receivables Turnover falls into.



PT Pradiksi Gunatama Tbk Receivables Turnover Calculation

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

PT Pradiksi Gunatama 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 )
=868456.777 / ((61141.616 + 64422.247) / 2 )
=868456.777 / 62781.9315
=13.83

PT Pradiksi Gunatama 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 )
=129185.691 / ((22113.986 + 19556.662) / 2 )
=129185.691 / 20835.324
=6.20

* 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 Pradiksi Gunatama Tbk  (ISX:PGUN) 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 Pradiksi Gunatama Tbk Receivables Turnover Related Terms

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PT Pradiksi Gunatama Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Negara Km. 44, kecamatan Batu Engau, Kabupaten Paser, Provinsi Kalimantan Timur, Samarinda, IDN, 76261
PT Pradiksi Gunatama Tbk is an oil palm plantation and the construction sector company. The Company is organized as one reportable operating segment which is palm oil plantation. Its products include Crude Palm Oil, Palm kernel, Palm kernel shell, Palm Acid Oil.

PT Pradiksi Gunatama Tbk Headlines

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