PT Bumi Resources Tbk (ISX:BUMI) Receivables Turnover : 2.01 (As of Mar. 2024)

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What is PT Bumi Resources 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 Bumi Resources Tbk's Revenue for the three months ended in Mar. 2024 was Rp4,794,620 Mil. PT Bumi Resources Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp2,387,721 Mil. Hence, PT Bumi Resources Tbk's Receivables Turnover for the three months ended in Mar. 2024 was 2.01.

PT Bumi Resources Tbk Receivables Turnover Historical Data

The historical data trend for PT Bumi Resources 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 Bumi Resources Tbk Receivables Turnover Chart

PT Bumi Resources Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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6.56

5.51

7.07

11.21

10.51

PT Bumi Resources 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															2.49	1.85	1.36	3.05	2.01

Competitive Comparison of PT Bumi Resources Tbk's Receivables Turnover

For the Thermal Coal subindustry, PT Bumi Resources 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 Bumi Resources Tbk's Receivables Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bumi Resources Tbk's Receivables Turnover distribution charts can be found below:

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

PT Bumi Resources Tbk Receivables Turnover Calculation

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

PT Bumi Resources 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 )
=	25898081.788	/ (	(2439769.887	+	2488295.407)	/	2 )
=	25898081.788	/	2464032.647
=	10.51

PT Bumi Resources 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 )
=	4794620.435	/ (	(2488295.407	+	2287147.533)	/	2 )
=	4794620.435	/	2387721.47
=	2.01

PT Bumi Resources Tbk (ISX:BUMI) 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 Bumi Resources Tbk Receivables Turnover Related Terms

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PT Bumi Resources Tbk (ISX:BUMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Bumi Resources Tbk (ISX:BUMI) » Definitions » Receivables Turnover

Traded in Other Exchanges

PBMRF:USA PJM:Germany

Address

Jalan H.R. Rasuna Said, 12th Floor, Bakrie Tower Building, Komplek Rasuna Epicentrum, Jakarta Selatan, Jakarta, IDN, 12940

Website

http://www.bumiresources.com

PT Bumi Resources Tbk is an Indonesia-based holding company engaged in coal mining. The company's main business segments are holding companies, coal, services, oil and gas, and gold. The Holding Company segment includes the company and other holding companies. The Coal segment is engaged in coal mining activities comprising exploration and exploitation of coal deposits. The Services segment includes activities of marketing and management services. The oil and gas segment includes activities of oil and gas exploration. The Gold segment includes activities of gold exploration. The majority of revenue is generated from the Coal segment.

PT Bumi Resources Tbk (ISX:BUMI) Headlines

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