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PT Hero Supermarket Tbk (PT Hero Supermarket Tbk) Receivables Turnover : 18.39 (As of Mar. 2024)


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What is PT Hero Supermarket 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 Hero Supermarket Tbk's Revenue for the three months ended in Mar. 2024 was $81.4 Mil. PT Hero Supermarket Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was $4.4 Mil. Hence, PT Hero Supermarket Tbk's Receivables Turnover for the three months ended in Mar. 2024 was 18.39.


PT Hero Supermarket Tbk Receivables Turnover Historical Data

The historical data trend for PT Hero Supermarket 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 Hero Supermarket Tbk Receivables Turnover Chart

PT Hero Supermarket Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.37 19.31 45.23 90.93 75.99

PT Hero Supermarket 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 23.19 33.22 28.08 22.12 18.39

Competitive Comparison of PT Hero Supermarket Tbk's Receivables Turnover

For the Department Stores subindustry, PT Hero Supermarket 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 Hero Supermarket Tbk's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Hero Supermarket Tbk's Receivables Turnover distribution charts can be found below:

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



PT Hero Supermarket Tbk Receivables Turnover Calculation

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

PT Hero Supermarket 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 )
=330.664 / ((4.144 + 4.559) / 2 )
=330.664 / 4.3515
=75.99

PT Hero Supermarket 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 )
=81.407 / ((4.559 + 4.294) / 2 )
=81.407 / 4.4265
=18.39

* 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 Hero Supermarket Tbk  (GREY:PTHSF) 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 Hero Supermarket Tbk Receivables Turnover Related Terms

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PT Hero Supermarket Tbk (PT Hero Supermarket Tbk) Business Description

Traded in Other Exchanges
Address
Graha Hero, CBD Bintaro Sektor 7, Blok B7/A7, Pondok Jaya, Pondok Aren, Tangerang Selatan, Tangerang, IDN, 15224
PT Hero Supermarket Tbk is engaged in the retail industry. The company's operating segment includes food and non-food. It generates maximum revenue from the food segment. The Food segment consists of supermarkets and hypermarket stores. Its non-food segment relates to specialty retail operations such as pharmacies, drug stores, health and beauty stores, and home furnishing.

PT Hero Supermarket Tbk (PT Hero Supermarket Tbk) Headlines

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