PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) Receivables Turnover : 2.10 (As of Sep. 2023)

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What is PT Astrindo Nusantara Infrastruktur 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 Astrindo Nusantara Infrastruktur Tbk's Revenue for the three months ended in Sep. 2023 was Rp2,536,513 Mil. PT Astrindo Nusantara Infrastruktur Tbk's average Accounts Receivable for the three months ended in Sep. 2023 was Rp1,206,767 Mil. Hence, PT Astrindo Nusantara Infrastruktur Tbk's Receivables Turnover for the three months ended in Sep. 2023 was 2.10.

PT Astrindo Nusantara Infrastruktur Tbk Receivables Turnover Historical Data

The historical data trend for PT Astrindo Nusantara Infrastruktur 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 Astrindo Nusantara Infrastruktur Tbk Receivables Turnover Chart

PT Astrindo Nusantara Infrastruktur Tbk Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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10.60

4.91

2.66

2.00

0.99

PT Astrindo Nusantara Infrastruktur Tbk Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															0.13	0.14	1.54	2.24	2.10

Competitive Comparison of PT Astrindo Nusantara Infrastruktur Tbk's Receivables Turnover

For the Infrastructure Operations subindustry, PT Astrindo Nusantara Infrastruktur 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 Astrindo Nusantara Infrastruktur Tbk's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Astrindo Nusantara Infrastruktur Tbk's Receivables Turnover distribution charts can be found below:

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

PT Astrindo Nusantara Infrastruktur Tbk Receivables Turnover Calculation

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

PT Astrindo Nusantara Infrastruktur Tbk's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Receivables Turnover (A: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2022 )	/ (	(Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )
=	687807.05	/ (	(433349.505	+	951285.774)	/	2 )
=	687807.05	/	692317.6395
=	0.99

PT Astrindo Nusantara Infrastruktur Tbk's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	2536513.265	/ (	(1229848.252	+	1183686.524)	/	2 )
=	2536513.265	/	1206767.388
=	2.10

PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) 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 Astrindo Nusantara Infrastruktur Tbk Receivables Turnover Related Terms

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PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PT Astrindo Nusantara Infrastruktur Tbk (ISX:BIPI) » Definitions » Receivables Turnover

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Traded in Other Exchanges

N/A

Address

Jalan Mega Kuningan Barat III Lot. 10.1-6, Sopo Del Office Tower B, 21st Floor, South Jakarta, Jakarta, IDN, 12950

Website

https://www.astrindonusantara.com

PT Astrindo Nusantara Infrastruktur Tbk is an Indonesia-based integrated infrastructure company engaged in energy and natural resources. The Company runs business activities in the development of coal network infrastructure projects, including coal crusher, Coal Preparation Plant (CPP), and Overland Conveyor (OLC), as well as produces integrated coal distribution services. It also produces coal mining products. The group has two business segments namely Port services and Mining and other services. It generates maximum revenue from the Port services segment.

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