PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Receivables Turnover : 0.16 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa Tbk's Revenue for the three months ended in Dec. 2023 was Rp169,628 Mil. PT Widodo Makmur Perkasa Tbk's average Accounts Receivable for the three months ended in Dec. 2023 was Rp1,080,180 Mil. Hence, PT Widodo Makmur Perkasa Tbk's Receivables Turnover for the three months ended in Dec. 2023 was 0.16.

PT Widodo Makmur Perkasa Tbk Receivables Turnover Historical Data

The historical data trend for PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa Tbk Receivables Turnover Chart

PT Widodo Makmur Perkasa Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

12.40

12.12

10.71

4.70

0.90

PT Widodo Makmur Perkasa Tbk Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial											1.16	0.37	0.24	0.13	0.16

Competitive Comparison of PT Widodo Makmur Perkasa Tbk's Receivables Turnover

For the Conglomerates subindustry, PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa Tbk's Receivables Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Widodo Makmur Perkasa Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Widodo Makmur Perkasa Tbk's Receivables Turnover falls into.

PT Widodo Makmur Perkasa Tbk Receivables Turnover Calculation

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

PT Widodo Makmur Perkasa 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 )
=	907226.175	/ (	(969020.012	+	1055958.521)	/	2 )
=	907226.175	/	1012489.2665
=	0.90

PT Widodo Makmur Perkasa 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 )
=	169627.848	/ (	(1104400.96	+	1055958.521)	/	2 )
=	169627.848	/	1080179.7405
=	0.16

PT Widodo Makmur Perkasa Tbk (ISX:WMPP) 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 Widodo Makmur Perkasa Tbk Receivables Turnover Related Terms

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

PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PT Widodo Makmur Perkasa Tbk (ISX:WMPP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Raya Cilangkap, No. 58 Cilangkap, Cipayung East, East Jakarta, IDN, 13870

Website

https://www.widodomakmurperkasa.co.id

PT Widodo Makmur Perkasa Tbk is a company engaged in the consumer goods and agricultural commodities sector. It has five integrated business lines, namely Integrated Cattle Farm, Meat Processing, Integrated Poultry Farm, Agriculture Commodities, and Construction and Renewable Energy.

PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Headlines

No Headlines