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Viet Nam Pharmaceutical - JSC (HSTC:DVN) Accounts Receivable : ₫1,507,121 Mil (As of Sep. 2024)


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What is Viet Nam Pharmaceutical - JSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Viet Nam Pharmaceutical - JSC's accounts receivables for the quarter that ended in Sep. 2024 was ₫1,507,121 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Viet Nam Pharmaceutical - JSC's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 112.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Viet Nam Pharmaceutical - JSC's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₫-774.28.


Viet Nam Pharmaceutical - JSC Accounts Receivable Historical Data

The historical data trend for Viet Nam Pharmaceutical - JSC's Accounts Receivable 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.

Viet Nam Pharmaceutical - JSC Accounts Receivable Chart

Viet Nam Pharmaceutical - JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
1,456,208.90 1,668,607.22 1,679,810.14 1,723,321.29 1,630,044.13

Viet Nam Pharmaceutical - JSC Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable 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 1,438,195.37 1,630,044.13 1,518,240.38 1,604,670.23 1,507,120.82

Viet Nam Pharmaceutical - JSC Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Viet Nam Pharmaceutical - JSC Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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 receivables are being managed.

Viet Nam Pharmaceutical - JSC's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1507120.821/1219685.421*91
=112.75

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Viet Nam Pharmaceutical - JSC's accounts receivable are only considered to be worth 75% of book value:

Viet Nam Pharmaceutical - JSC's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1039534.986+0.75 * 1507120.821+0.5 * 1325304.876-2791911.457
-0-224121.062)/237.000
=-774.28

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Viet Nam Pharmaceutical - JSC Accounts Receivable Related Terms

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Viet Nam Pharmaceutical - JSC Business Description

Traded in Other Exchanges
N/A
Address
12 Ngo Tat To, Van Mieu Ward, Dong Da District, Hanoi, VNM
Viet Nam Pharmaceutical Corp - JSC is engaged in the manufacturing of drugs. The company provides testing services for drugs and medicinal ingredients.