PT Cerestar Indonesia Tbk (ISX:TRGU) Days Sales Outstanding : 55.97 (As of Mar. 2024)

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What is PT Cerestar Indonesia Tbk Days Sales Outstanding?

PT Cerestar Indonesia Tbk's average Accounts Receivable for the three months ended in Mar. 2024 was Rp1,094,152 Mil. PT Cerestar Indonesia Tbk's Revenue for the three months ended in Mar. 2024 was Rp1,783,704 Mil. Hence, PT Cerestar Indonesia Tbk's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.97.

The historical rank and industry rank for PT Cerestar Indonesia Tbk's Days Sales Outstanding or its related term are showing as below:

ISX:TRGU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.88 Med: 51.33 Max: 60.42
Current: 60.42

During the past 4 years, PT Cerestar Indonesia Tbk's highest Days Sales Outstanding was 60.42. The lowest was 18.88. And the median was 51.33.

ISX:TRGU's Days Sales Outstanding is ranked worse than
75.54% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.325 vs ISX:TRGU: 60.42

PT Cerestar Indonesia Tbk's Days Sales Outstanding declined from Mar. 2023 (70.13) to Mar. 2024 (55.97).

PT Cerestar Indonesia Tbk Days Sales Outstanding Historical Data

The historical data trend for PT Cerestar Indonesia Tbk's Days Sales Outstanding 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 Cerestar Indonesia Tbk Days Sales Outstanding Chart

PT Cerestar Indonesia Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

18.88

51.33

59.90

PT Cerestar Indonesia Tbk Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial						70.13	77.74	62.42	53.41	55.97

Competitive Comparison of PT Cerestar Indonesia Tbk's Days Sales Outstanding

For the Packaged Foods subindustry, PT Cerestar Indonesia Tbk's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Cerestar Indonesia Tbk's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Cerestar Indonesia Tbk's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where PT Cerestar Indonesia Tbk's Days Sales Outstanding falls into.

PT Cerestar Indonesia Tbk Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

PT Cerestar Indonesia Tbk's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (785232.661	+	1142828.289)	/	2 )	/	5874659.886	*	365
=	964030.475					/	5874659.886	*	365
=	59.90

PT Cerestar Indonesia Tbk's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1142828.289	+	1045476.128)	/	2 )	/	1783704.081	*	365 / 4
=	1094152.2085					/	1783704.081	*	365 / 4
=	55.97

PT Cerestar Indonesia Tbk (ISX:TRGU) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

PT Cerestar Indonesia Tbk Days Sales Outstanding Related Terms

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PT Cerestar Indonesia Tbk (ISX:TRGU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Cerestar Indonesia Tbk (ISX:TRGU) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. MH Thamrin No. 81, The City Tower 28th Floor, Jakarta Pusat, IDN, 10310

Website

https://www.cerestargroup.co.id

PT Cerestar Indonesia Tbk is engaged in the flour industry and cereal/grain trading through Subsidiaries and management consulting services.

PT Cerestar Indonesia Tbk (ISX:TRGU) Headlines

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