PT Supreme Cable Manufacturingmmerce Tbk (ISX:SCCO) Receivables Turnover : 3.69 (As of Dec. 2023)

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What is PT Supreme Cable Manufacturingmmerce 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 Supreme Cable Manufacturingmmerce Tbk's Revenue for the three months ended in Dec. 2023 was Rp1,563,527 Mil. PT Supreme Cable Manufacturingmmerce Tbk's average Accounts Receivable for the three months ended in Dec. 2023 was Rp423,954 Mil. Hence, PT Supreme Cable Manufacturingmmerce Tbk's Receivables Turnover for the three months ended in Dec. 2023 was 3.69.

PT Supreme Cable Manufacturingmmerce Tbk Receivables Turnover Historical Data

The historical data trend for PT Supreme Cable Manufacturingmmerce 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 Supreme Cable Manufacturingmmerce Tbk Receivables Turnover Chart

PT Supreme Cable Manufacturingmmerce Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.85

8.76

19.06

13.04

11.13

PT Supreme Cable Manufacturingmmerce Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.03	3.51	2.96	3.03	3.69

Competitive Comparison of PT Supreme Cable Manufacturingmmerce Tbk's Receivables Turnover

For the Electrical Equipment & Parts subindustry, PT Supreme Cable Manufacturingmmerce 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 Supreme Cable Manufacturingmmerce Tbk's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PT Supreme Cable Manufacturingmmerce Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Supreme Cable Manufacturingmmerce Tbk's Receivables Turnover falls into.

PT Supreme Cable Manufacturingmmerce Tbk Receivables Turnover Calculation

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

PT Supreme Cable Manufacturingmmerce 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 )
=	5823016.502	/ (	(569208.275	+	477407.523)	/	2 )
=	5823016.502	/	523307.899
=	11.13

PT Supreme Cable Manufacturingmmerce Tbk's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1563526.68	/ (	(370500.694	+	477407.523)	/	2 )
=	1563526.68	/	423954.1085
=	3.69

PT Supreme Cable Manufacturingmmerce Tbk (ISX:SCCO) 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 Supreme Cable Manufacturingmmerce Tbk Receivables Turnover Related Terms

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PT Supreme Cable Manufacturingmmerce Tbk (ISX:SCCO) Business Description

Industry

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Address

Jalan Kebon Sirih No. 71, Jakarta, IDN, 10340

Website

https://www.sucaco.com

PT Supreme Cable Manufacturing & Commerce Tbk is an Indonesian company that focuses on infrastructure and industrial development by supplying cables and wires. The product portfolio includes building wires, low-voltage power cables, medium-voltage power cables, high-voltage power cables, instrument cables, enameled wires, fiber optic cables, telecommunication cables, airport lighting cables, and fire-resistant cables.