PT Media Nusantara Citra Tbk (PT Media Nusantara Citra Tbk) Receivables Turnover : 0.56 (As of Dec. 2023)

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

What is PT Media Nusantara Citra 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 Media Nusantara Citra Tbk's Revenue for the three months ended in Dec. 2023 was $112.6 Mil. PT Media Nusantara Citra Tbk's average Accounts Receivable for the three months ended in Dec. 2023 was $202.4 Mil. Hence, PT Media Nusantara Citra Tbk's Receivables Turnover for the three months ended in Dec. 2023 was 0.56.

PT Media Nusantara Citra Tbk Receivables Turnover Historical Data

The historical data trend for PT Media Nusantara Citra 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 Media Nusantara Citra Tbk Receivables Turnover Chart

PT Media Nusantara Citra Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

2.99

2.70

3.30

2.75

2.50

PT Media Nusantara Citra 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															0.54	0.79	0.64	0.50	0.56

Competitive Comparison of PT Media Nusantara Citra Tbk's Receivables Turnover

For the Advertising Agencies subindustry, PT Media Nusantara Citra 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 Media Nusantara Citra Tbk's Receivables Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where PT Media Nusantara Citra Tbk's Receivables Turnover falls into.

PT Media Nusantara Citra Tbk Receivables Turnover Calculation

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

PT Media Nusantara Citra 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 )
=	504.881	/ (	(201.364	+	203.017)	/	2 )
=	504.881	/	202.1905
=	2.50

PT Media Nusantara Citra 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 )
=	112.552	/ (	(201.773	+	203.017)	/	2 )
=	112.552	/	202.395
=	0.56

PT Media Nusantara Citra Tbk (OTCPK:PTMEY) 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 Media Nusantara Citra Tbk Receivables Turnover Related Terms

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

PT Media Nusantara Citra Tbk (PT Media Nusantara Citra Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT Media Nusantara Citra Tbk (OTCPK:PTMEY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

MNCN:Indonesia 5M2:Germany

Address

Jalan Kebon Sirih Kav. 17 - 19, MNC Tower, 26th Floor, Central Jakarta, Jakarta, IDN, 10340

Website

https://www.mnc.co.id

PT Media Nusantara Citra Tbk is a diversified media company. The business is divided into three segments, which include Advertisement; Content; and Others. The Advertising segment provides digital and non-digital advertisement. The firm offers pay video service (live streaming, VOD, original productions, and other creative content), news aggregator, audio aggregator, television stations, radio interests, print media, production business, online content, and advertising. The company generates the vast majority of its revenue in Indonesia.

PT Media Nusantara Citra Tbk (PT Media Nusantara Citra Tbk) Headlines

No Headlines