PT Global Mediacom Tbk (STU:06L) Receivables Turnover : 0.83 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is PT Global Mediacom 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 Global Mediacom Tbk's Revenue for the three months ended in Mar. 2024 was €171.9 Mil. PT Global Mediacom Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was €207.1 Mil. Hence, PT Global Mediacom Tbk's Receivables Turnover for the three months ended in Mar. 2024 was 0.83.

PT Global Mediacom Tbk Receivables Turnover Historical Data

The historical data trend for PT Global Mediacom 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 Global Mediacom Tbk Receivables Turnover Chart

PT Global Mediacom Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

4.23

3.48

4.28

3.51

2.90

PT Global Mediacom Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.92	0.77	0.62	0.59	0.83

Competitive Comparison of PT Global Mediacom Tbk's Receivables Turnover

For the Entertainment subindustry, PT Global Mediacom 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 Global Mediacom Tbk's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Global Mediacom Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Global Mediacom Tbk's Receivables Turnover falls into.

PT Global Mediacom Tbk Receivables Turnover Calculation

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

PT Global Mediacom 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 )
=	604.542	/ (	(210.399	+	207.119)	/	2 )
=	604.542	/	208.759
=	2.90

PT Global Mediacom 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 )
=	171.888	/ (	(207.119	+	207.003)	/	2 )
=	171.888	/	207.061
=	0.83

PT Global Mediacom Tbk (STU:06L) 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 Global Mediacom Tbk Receivables Turnover Related Terms

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

PT Global Mediacom Tbk (STU:06L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT Global Mediacom Tbk (STU:06L) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

PTGOF:USA BMTR:Indonesia

Address

Jl. Kebon Sirih Kav. 17 - 19, MNC Tower, 27th Floor, Jakarta Pusat, IDN, 1034

Website

https://www.mediacom.co.id

PT Global Mediacom Tbk is a diversified media company, primarily operating in the entertainment industry. The company operates in two business segments: advertising and content, pay TV, and broadband. Its largest segment, advertising, and content, provides advertisement-based media, subscriber-based media, and free-to-air media content. The pay-TV and broadband segment distributes television channels and has other businesses, such as radio and print media. The other business segment creates mobile app games, among many other ventures. The company generates the vast majority of its revenue in Indonesia.

PT Global Mediacom Tbk (STU:06L) Headlines

No Headlines