PT Trans Power Marine Tbk (ISX:TPMA) Receivables Turnover : 1.36 (As of Mar. 2025)

View and export this data going back to 2013. Start your Free Trial

What is PT Trans Power Marine 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 Trans Power Marine Tbk's Revenue for the three months ended in Mar. 2025 was Rp436,124 Mil. PT Trans Power Marine Tbk's average Accounts Receivable for the three months ended in Mar. 2025 was Rp319,733 Mil. Hence, PT Trans Power Marine Tbk's Receivables Turnover for the three months ended in Mar. 2025 was 1.36.

PT Trans Power Marine Tbk Receivables Turnover Historical Data

The historical data trend for PT Trans Power Marine 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 Trans Power Marine Tbk Receivables Turnover Chart

PT Trans Power Marine Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

3.31

4.09

5.49

6.43

6.07

PT Trans Power Marine 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															1.87	0.25	3.67	1.44	1.36

Competitive Comparison of PT Trans Power Marine Tbk's Receivables Turnover

For the Marine Shipping subindustry, PT Trans Power Marine 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 Trans Power Marine Tbk's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Trans Power Marine Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Trans Power Marine Tbk's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

PT Trans Power Marine Tbk Receivables Turnover Calculation

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

PT Trans Power Marine 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 )
=	1909481.017	/ (	(315191.892	+	314061.488)	/	2 )
=	1909481.017	/	314626.69
=	6.07

PT Trans Power Marine 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 )
=	436124.451	/ (	(314061.488	+	325405.295)	/	2 )
=	436124.451	/	319733.3915
=	1.36

PT Trans Power Marine Tbk (ISX:TPMA) 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 Trans Power Marine Tbk Receivables Turnover Related Terms

Thank you for viewing the detailed overview of PT Trans Power Marine Tbk's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Trans Power Marine Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Trans Power Marine Tbk (ISX:TPMA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan. Gatot Subroto Kav. 24 and 25, Centennial Tower Lantai 26 Unit A and B, South Jakarta, IDN, 12930

Website

https://www.transpowermarine.com

PT Trans Power Marine Tbk is a marine shipping and transportation company. Its objectives are sea transportation; river, lake, and crossing transportation; transportation support activities; wholesale of machinery, equipment, and supplies; management consulting activities, and supporting activities for mining and other excavations. Its segments are Transshipment this service uses tugboats and barges to haul goods/commodities to a mother vessel, then continues to the transportation process, and Inter-Island Transportation this service provides inter-island goods/commodity transportation from ports to discharge ports, domestically and regionally, all across Indonesia. It generates the majority of its revenue from the Transshipment segment.

PT Trans Power Marine Tbk Headlines

No Headlines