PT PP (Persero) Tbk (ISX:PTPP) Receivables Turnover : 0.28 (As of Mar. 2025)

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What is PT PP (Persero) 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 PP (Persero) Tbk's Revenue for the three months ended in Mar. 2025 was Rp3,507,816 Mil. PT PP (Persero) Tbk's average Accounts Receivable for the three months ended in Mar. 2025 was Rp12,681,527 Mil. Hence, PT PP (Persero) Tbk's Receivables Turnover for the three months ended in Mar. 2025 was 0.28.

PT PP (Persero) Tbk Receivables Turnover Historical Data

The historical data trend for PT PP (Persero) 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 PP (Persero) Tbk Receivables Turnover Chart

PT PP (Persero) Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.21

1.48

1.54

1.45

1.60

PT PP (Persero) Tbk Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															0.35	0.32	0.38	0.44	0.28

Competitive Comparison of PT PP (Persero) Tbk's Receivables Turnover

For the Engineering & Construction subindustry, PT PP (Persero) 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 PP (Persero) Tbk's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT PP (Persero) Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT PP (Persero) Tbk's Receivables Turnover falls into.

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PT PP (Persero) Tbk Receivables Turnover Calculation

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

PT PP (Persero) 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 )
=	19812142.891	/ (	(12762780.58	+	11957798.925)	/	2 )
=	19812142.891	/	12360289.7525
=	1.60

PT PP (Persero) Tbk's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	3507816.208	/ (	(11957798.925	+	13405254.384)	/	2 )
=	3507816.208	/	12681526.6545
=	0.28

PT PP (Persero) Tbk (ISX:PTPP) 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 PP (Persero) Tbk Receivables Turnover Related Terms

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PT PP (Persero) Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PT PP (Persero) Tbk (ISX:PTPP) » Definitions » Receivables Turnover

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N/A

Address

Jalan Letjend, TB. Simatupang No. 57, Plaza PP - Wisma Subiyanto, Pasar Rebo, Jakarta, IDN, 13760

Website

https://www.ptpp.co.id

PT Pembangunan Perumahan (Persero) Tbk provides construction services. The company organizes itself into six segments: construction, property and realty, EPC (engineering, procurement, and construction), precast, equipment rent service, and energy. The construction segment, which generates the majority of the revenue, offers public construction services, including building airports, dams, railways, and other structures. In the other segments, the company creates and sells construction equipment and materials, develops and operates buildings, and works on projects in the energy, oil, gas, and mining sectors.

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