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PT Dafam Property Indonesia Tbk (ISX:DFAM) Receivables Turnover : 5.92 (As of Mar. 2024)


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What is PT Dafam Property 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 Dafam Property Indonesia Tbk's Revenue for the three months ended in Mar. 2024 was Rp13,573 Mil. PT Dafam Property Indonesia Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp2,291 Mil. Hence, PT Dafam Property Indonesia Tbk's Receivables Turnover for the three months ended in Mar. 2024 was 5.92.


PT Dafam Property Indonesia Tbk Receivables Turnover Historical Data

The historical data trend for PT Dafam Property 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 Dafam Property Indonesia Tbk Receivables Turnover Chart

PT Dafam Property Indonesia Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 13.97 16.91 39.69 23.35 23.70

PT Dafam Property Indonesia 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.83 6.06 5.53 7.81 5.92

Competitive Comparison of PT Dafam Property Indonesia Tbk's Receivables Turnover

For the Real Estate Services subindustry, PT Dafam Property 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 Dafam Property Indonesia Tbk's Receivables Turnover Distribution in the Real Estate Industry

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

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



PT Dafam Property Indonesia Tbk Receivables Turnover Calculation

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

PT Dafam Property 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 )
=69338.788 / ((3827.534 + 2023.573) / 2 )
=69338.788 / 2925.5535
=23.70

PT Dafam Property Indonesia 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 )
=13573.213 / ((2023.573 + 2558.141) / 2 )
=13573.213 / 2290.857
=5.92

* 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.


PT Dafam Property Indonesia Tbk  (ISX:DFAM) 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 Dafam Property Indonesia Tbk Receivables Turnover Related Terms

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PT Dafam Property Indonesia Tbk (ISX:DFAM) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Raung Nomor 15, Gajahmungkur, Jawa Tengah, Semarang, IDN, 50232
PT Dafam Property Indonesia Tbk is engaged in developing commercial and residential properties as well as hotels and resorts. The company's project includes Jatayu Residence Pekalongan, Hotel Dafam Pekalongan, Gaia Residence Batang, Gaia Residence Semarang, Puri Junction, and others. The company's operating segments are Hotel, Sale of residential, and Hotel management services.

PT Dafam Property Indonesia Tbk (ISX:DFAM) Headlines

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