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Vinacafe Bien Hoa JSC (STC:VCF) Receivables Turnover : 1.34 (As of Mar. 2024)


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What is Vinacafe Bien Hoa JSC 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. Vinacafe Bien Hoa JSC's Revenue for the three months ended in Mar. 2024 was ₫483,612 Mil. Vinacafe Bien Hoa JSC's average Accounts Receivable for the three months ended in Mar. 2024 was ₫361,219 Mil. Hence, Vinacafe Bien Hoa JSC's Receivables Turnover for the three months ended in Mar. 2024 was 1.34.


Vinacafe Bien Hoa JSC Receivables Turnover Historical Data

The historical data trend for Vinacafe Bien Hoa JSC'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.

Vinacafe Bien Hoa JSC Receivables Turnover Chart

Vinacafe Bien Hoa JSC 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 2.69 4.04 12.59 7.76 5.86

Vinacafe Bien Hoa JSC 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 1.08 1.57 1.76 2.50 1.34

Competitive Comparison of Vinacafe Bien Hoa JSC's Receivables Turnover

For the Packaged Foods subindustry, Vinacafe Bien Hoa JSC'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.


Vinacafe Bien Hoa JSC's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vinacafe Bien Hoa JSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vinacafe Bien Hoa JSC's Receivables Turnover falls into.



Vinacafe Bien Hoa JSC Receivables Turnover Calculation

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

Vinacafe Bien Hoa JSC'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 )
=2352520.954 / ((443509.323 + 359588.864) / 2 )
=2352520.954 / 401549.0935
=5.86

Vinacafe Bien Hoa JSC'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 )
=483611.678 / ((359588.864 + 362848.24) / 2 )
=483611.678 / 361218.552
=1.34

* 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.


Vinacafe Bien Hoa JSC  (STC:VCF) 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.


Vinacafe Bien Hoa JSC Receivables Turnover Related Terms

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Vinacafe Bien Hoa JSC (STC:VCF) Business Description

Traded in Other Exchanges
N/A
Address
Bien Hoa Industrial Zone 1, Dong Nai Province, Bien Hoa City, VNM
Vinacafe Bien Hoa JSC is engaged in the manufacturing and selling of various kinds of coffee, instant cereal and non-alcoholic drinks in the domestic and oversea markets. Its products include roasted ground coffee, original instant coffee, instant milk coffee three in one and ginseng coffee four in one. The company operates in two main segments: coffee and non-alcoholic drinks; and others which include cereals and other items.

Vinacafe Bien Hoa JSC (STC:VCF) Headlines

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