PT Maja Agung Latexindo Tbk (ISX:SURI) Receivables Turnover: 0.78 (As of Mar. 2026)

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ISX:SURI PT Maja Agung Latexindo Tbk ISX:SURI
28 GF Score
Price Rp68.00
! 2 Warning Signs
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What is PT Maja Agung Latexindo Tbk Receivables Turnover?

PT Maja Agung Latexindo Tbk ISX:SURI +1.49% 28 Receivables Turnover is 0.78 as of Mar. 2026. GuruFocus rates ISX:SURI with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 811 Medical Devices & Instruments companies, PT Maja Agung Latexindo Tbk ranks worse than 74.85% on this metric.

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 Maja Agung Latexindo Tbk's Revenue for the three months ended in Mar. 2026 was Rp36,000 Mil. PT Maja Agung Latexindo Tbk's average Accounts Receivable for the three months ended in Mar. 2026 was Rp46,229 Mil. Hence, PT Maja Agung Latexindo Tbk's Receivables Turnover for the three months ended in Mar. 2026 was 0.78.


PT Maja Agung Latexindo Tbk  (ISX:SURI) 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 Maja Agung Latexindo Tbk Receivables Turnover Related Terms


PT Maja Agung Latexindo Tbk Receivables Turnover Historical Data

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The historical data trend for PT Maja Agung Latexindo 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.

PT Maja Agung Latexindo Tbk Receivables Turnover Chart

PT Maja Agung Latexindo Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 5.15 1.97 2.35 2.85 3.67

PT Maja Agung Latexindo Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 0.92 1.07 1.33 0.95 0.78

ISX:SURI vs ISRG, BDX, MDLN: Receivables Turnover Comparison

For the Medical Instruments & Supplies subindustry, PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Receivables Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Maja Agung Latexindo Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Maja Agung Latexindo Tbk's Receivables Turnover falls into.


ISX:SURI
28GF Score
PT Maja Agung Latexindo Tbk ISX:SURI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Maja Agung Latexindo Tbk Receivables Turnover Calculation

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

PT Maja Agung Latexindo Tbk's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=150238.1 / ((37081.017 + 44741.169) / 2 )
=150238.1 / 40911.093
=3.67

PT Maja Agung Latexindo Tbk's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=36000.068 / ((44741.169 + 47716.002) / 2 )
=36000.068 / 46228.5855
=0.78

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.78 mean?
PT Maja Agung Latexindo Tbk (ISX:SURI) has a Receivables Turnover of 0.78 as of Mar. 2026. The accounts 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. View historical data on PT Maja Agung Latexindo Tbk and its competitors. According to the industry distribution chart, PT Maja Agung Latexindo Tbk ranks #607 out of 811 companies in the Medical Devices & Instruments industry, placing it in the top 74.8%.
Is PT Maja Agung Latexindo Tbk's Receivables Turnover too high?
PT Maja Agung Latexindo Tbk's current Receivables Turnover is 0.78. The Medical Devices & Instruments industry median Receivables Turnover is 5.51. PT Maja Agung Latexindo Tbk's value of 0.78 is 85.8% below this industry median. Based on the distribution chart, PT Maja Agung Latexindo Tbk ranks #607 out of 811 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, PT Maja Agung Latexindo Tbk has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does PT Maja Agung Latexindo Tbk's Receivables Turnover compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, PT Maja Agung Latexindo Tbk ranks #607 out of 811 companies for Receivables Turnover. This places PT Maja Agung Latexindo Tbk in the lower half of its industry. The industry median Receivables Turnover is 5.51. PT Maja Agung Latexindo Tbk's value of 0.78 is 85.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.51, based on 811 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Maja Agung Latexindo Tbk's current Receivables Turnover of 0.78 is 85.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on PT Maja Agung Latexindo Tbk and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Maja Agung Latexindo Tbk's current Receivables Turnover is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Maja Agung Latexindo Tbk stock overvalued right now?
PT Maja Agung Latexindo Tbk (ISX:SURI) has a current Receivables Turnover of 0.78. The current Receivables Turnover is 0.78 and 85.8% below the Medical Devices & Instruments industry median of 5.51. PT Maja Agung Latexindo Tbk's overall GF Score™ is 28/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For PT Maja Agung Latexindo Tbk (ISX:SURI), the current Receivables Turnover is 0.78 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Maja Agung Latexindo Tbk Business Description

Address Jalan. Utama No. 98, Desa Pujimulyo Kecamatan Sunggal Kabupaten, Deli Serdang, Sumatera Utara, IDN, 20352
PT Maja Agung Latexindo Tbk specializes in the production of latex gloves, made from natural rubber, and is a primary choice in the medical and industrial sectors. The company's business includes business of making rubber goods for health support needs, such as contraceptive gloves (birth control)/ condoms, pacifiers and compresses, medical rubber gloves, and urinary catheters (folley catheter). Its segments include Gloves and Concentrated latex.
28GF Score

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