PT Ciputra Development Tbk (FRA:PUWA) Receivables Turnover : 3.50 (As of Dec. 2023)

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PT Ciputra Development Tbk Receivables Turnover Definition

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 Ciputra Development Tbk's Revenue for the three months ended in Dec. 2023 was €158.0 Mil. PT Ciputra Development Tbk's average Accounts Receivable for the three months ended in Dec. 2023 was €45.1 Mil. Hence, PT Ciputra Development Tbk's Receivables Turnover for the three months ended in Dec. 2023 was 3.50.

PT Ciputra Development Tbk Receivables Turnover Historical Data

The historical data trend for PT Ciputra Development 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.

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PT Ciputra Development Tbk Receivables Turnover Chart

PT Ciputra Development Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.27

6.90

10.65

10.47

11.96

PT Ciputra Development Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															2.25	2.74	3.00	2.72	3.50

Competitive Comparison of PT Ciputra Development Tbk's Receivables Turnover

For the Real Estate - Development subindustry, PT Ciputra Development 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 Ciputra Development Tbk Receivables Turnover Distribution

For the Real Estate industry and Real Estate sector, PT Ciputra Development Tbk's Receivables Turnover distribution charts can be found below:

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

PT Ciputra Development Tbk Receivables Turnover Calculation

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

PT Ciputra Development 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 )
=	549.928	/ (	(48.305	+	43.646)	/	2 )
=	549.928	/	45.9755
=	11.96

PT Ciputra Development 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 )
=	157.982	/ (	(46.611	+	43.646)	/	2 )
=	157.982	/	45.1285
=	3.50

PT Ciputra Development Tbk (FRA:PUWA) 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 Ciputra Development Tbk Receivables Turnover Related Terms

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PT Ciputra Development Tbk (FRA:PUWA) Business Description

Industry

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Traded in Other Exchanges

CTRA:Indonesia

Address

Jalan Prof. Dr. Satrio Kav. 3-5, 39th Floor, Ciputra World 1, DBS Bank Tower, Jakarta, IDN, 12940

Website

https://www.ciputradevelopment.com

PT Ciputra Development Tbk is a property company in Indonesia. The company's portfolio and land holdings are diverse in terms of product, location, and market segment. The company targets the mid-high-income segment and has developed numerous projects in cities throughout Indonesia. For business purposes, the group is classified into two reportable segments; Real Estate and Rental. It generates maximum revenue from the Real Estate segment.

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