PT Widodo Makmur Unggas Tbk (ISX:WMUU) Receivables Turnover : 0.77 (As of Mar. 2024)

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

What is PT Widodo Makmur Unggas 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 Unggas Tbk's Revenue for the three months ended in Mar. 2024 was Rp54,801 Mil. PT Widodo Makmur Unggas Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp71,616 Mil. Hence, PT Widodo Makmur Unggas Tbk's Receivables Turnover for the three months ended in Mar. 2024 was 0.77.

PT Widodo Makmur Unggas Tbk Receivables Turnover Historical Data

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

PT Widodo Makmur Unggas Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

18.41

24.98

15.84

3.30

PT Widodo Makmur Unggas Tbk Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial										1.37	1.29	0.92	0.81	0.77

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

For the Farm Products subindustry, PT Widodo Makmur Unggas 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 Unggas Tbk's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Widodo Makmur Unggas Tbk's Receivables Turnover distribution charts can be found below:

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

PT Widodo Makmur Unggas Tbk Receivables Turnover Calculation

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

PT Widodo Makmur Unggas 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 )
=	336684.941	/ (	(125379.862	+	78850.831)	/	2 )
=	336684.941	/	102115.3465
=	3.30

PT Widodo Makmur Unggas Tbk's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	54800.606	/ (	(78850.831	+	64382.108)	/	2 )
=	54800.606	/	71616.4695
=	0.77

PT Widodo Makmur Unggas Tbk (ISX:WMUU) 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 Unggas Tbk Receivables Turnover Related Terms

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

PT Widodo Makmur Unggas Tbk (ISX:WMUU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Widodo Makmur Unggas Tbk (ISX:WMUU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Raya Cilangkap No. 58, Gedung Graha Widodo Makmur, Cipayung, Jakarta Timur, Jakarta, IDN, 13870

Website

https://www.widodomakmurunggas.co.id

PT Widodo Makmur Unggas Tbk is engaged in the vertically integrated poultry business which controls large-scale feed mills, breeding farms, hatchery mills, commercial farms, layer farms, slaughterhouse and related partnership operations.

PT Widodo Makmur Unggas Tbk (ISX:WMUU) Headlines

No Headlines