PT Net Visi Media Tbk (ISX:NETV) Receivables Turnover : 0.42 (As of Dec. 2023)

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What is PT Net Visi Media 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 Net Visi Media Tbk's Revenue for the three months ended in Dec. 2023 was Rp54,515 Mil. PT Net Visi Media Tbk's average Accounts Receivable for the three months ended in Dec. 2023 was Rp131,121 Mil. Hence, PT Net Visi Media Tbk's Receivables Turnover for the three months ended in Dec. 2023 was 0.42.

PT Net Visi Media Tbk Receivables Turnover Historical Data

The historical data trend for PT Net Visi Media 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 Net Visi Media Tbk Receivables Turnover Chart

PT Net Visi Media Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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2.50

2.77

2.88

2.23

1.39

PT Net Visi Media Tbk Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial										0.82	0.32	0.29	0.35	0.42

Competitive Comparison of PT Net Visi Media Tbk's Receivables Turnover

For the Broadcasting subindustry, PT Net Visi Media 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 Net Visi Media Tbk's Receivables Turnover Distribution in the Media - Diversified Industry

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

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

PT Net Visi Media Tbk Receivables Turnover Calculation

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

PT Net Visi Media 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 )
=	235745.415	/ (	(217563.137	+	121173.885)	/	2 )
=	235745.415	/	169368.511
=	1.39

PT Net Visi Media 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 )
=	54515.355	/ (	(141068.064	+	121173.885)	/	2 )
=	54515.355	/	131120.9745
=	0.42

PT Net Visi Media Tbk (ISX:NETV) 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 Net Visi Media Tbk Receivables Turnover Related Terms

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PT Net Visi Media Tbk (ISX:NETV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PT Net Visi Media Tbk (ISX:NETV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Jend. Gatot Subroto Kav. 21, Graha Mitra Lt. 4, RT 003 RW 002, Karet Semanggi, Setiabudi, Jakarta, IDN, 12930

Website

https://www.netvisimedia.co.id

PT Net Visi Media Tbk is a media company. It is engaged in Artist Management, Television Broadcasting, Content Production, and Digital Media. The company has only one main business segment, namely Media.

PT Net Visi Media Tbk (ISX:NETV) Headlines

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