Helio Energy JSC (HSTC:HIO) Accounts Receivable : ₫20,987 Mil (As of Sep. 2024)

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What is Helio Energy JSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Helio Energy JSC's accounts receivables for the quarter that ended in Sep. 2024 was ₫20,987 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Helio Energy JSC's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 65.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Helio Energy JSC's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₫-9,777.00.

Helio Energy JSC Accounts Receivable Historical Data

The historical data trend for Helio Energy 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.

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Helio Energy JSC Accounts Receivable Chart

Helio Energy JSC Annual Data

Trend

Dec22

Dec23

Accounts Receivable

13,932.48

21,856.46

Helio Energy JSC Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			-	21,856.46	17,109.24	18,371.27	20,987.11

Helio Energy JSC Accounts Receivable Calculation

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

Helio Energy 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.

Helio Energy 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
=	20987.114	/	29172.411	*	91
=	65.65

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

Helio Energy 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)
=	(47028.355	+	0.75 * 20987.114	+	0.5 * 150.025	-	268160.611
-	0	-	0)	/	21
=	-9,777.00

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.

Helio Energy JSC Accounts Receivable Related Terms

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Helio Energy JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Helio Energy JSC (HSTC:HIO) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

37 Ba Trieu, Hang Bai ward, 4th Floor, Hoan Kiem district, Hanoi, VNM

Website

http://www.helioenergy.vn

Helio Energy JSC is a company whose main business is renewable energy. It is involved in many projects such as Rooftop solar power projects in Binh Thuan province , Rooftop solar power projects in Dong Nai province and Rooftop solar power projects in Dong Nai province.