PT Charoen Pokphand Indonesia Tbk (ISX:CPIN) Receivables Turnover : 7.14 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is PT Charoen Pokphand Indonesia 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 Charoen Pokphand Indonesia Tbk's Revenue for the three months ended in Dec. 2023 was Rp14,487,177 Mil. PT Charoen Pokphand Indonesia Tbk's average Accounts Receivable for the three months ended in Dec. 2023 was Rp2,029,792 Mil. Hence, PT Charoen Pokphand Indonesia Tbk's Receivables Turnover for the three months ended in Dec. 2023 was 7.14.

PT Charoen Pokphand Indonesia Tbk Receivables Turnover Historical Data

The historical data trend for PT Charoen Pokphand Indonesia 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 Charoen Pokphand Indonesia Tbk Receivables Turnover Chart

PT Charoen Pokphand Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

17.70

22.00

29.67

32.83

34.93

PT Charoen Pokphand Indonesia 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															7.75	7.37	7.43	7.04	7.14

Competitive Comparison of PT Charoen Pokphand Indonesia Tbk's Receivables Turnover

For the Farm Products subindustry, PT Charoen Pokphand Indonesia 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 Charoen Pokphand Indonesia Tbk's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Charoen Pokphand Indonesia Tbk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PT Charoen Pokphand Indonesia Tbk's Receivables Turnover falls into.

PT Charoen Pokphand Indonesia Tbk Receivables Turnover Calculation

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

PT Charoen Pokphand Indonesia 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 )
=	61615850	/ (	(1820224	+	1707909)	/	2 )
=	61615850	/	1764066.5
=	34.93

PT Charoen Pokphand Indonesia 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 )
=	14487177	/ (	(2351674	+	1707909)	/	2 )
=	14487177	/	2029791.5
=	7.14

PT Charoen Pokphand Indonesia Tbk (ISX:CPIN) 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 Charoen Pokphand Indonesia Tbk Receivables Turnover Related Terms

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

PT Charoen Pokphand Indonesia Tbk (ISX:CPIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Charoen Pokphand Indonesia Tbk (ISX:CPIN) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

0CP1:Germany

Address

Jl. Ancol VIII/1, Kelurahan Ancol, Kecamatan Pademangan, North Jakarta, Jakarta, IDN, 14430

Website

https://cp.co.id

PT Charoen Pokphand Indonesia Tbk, a subsidiary of PT Central Agromina, is a consumer goods company. It produces and sells poultry feed, day old chicks, and processed chicken in Indonesia. The company offers its products under brands like Royal Feed, Hi-Pro-Vite, Bintang, Bonavite, Hi-Pro, Turbo Feed, Okey Brands, Champ, and TIJI brands. Its segments include: Feed; Broiler; Day Old Chicks (DOC), processed chicken, and others. The majority revenue contributor is the Broiler segment. The other segment consists of packaging and poultry equipment.

PT Charoen Pokphand Indonesia Tbk (ISX:CPIN) Headlines

No Headlines