IPA Investment Group JSC (HSTC:IPA) Accounts Receivable: ₫46,779 Mil (As of Mar. 2026)

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HSTC:IPA IPA Investment Group JSC HSTC:IPA
83 GF Score
Price ₫15,300.00
GF Value ₫23,664.61
Valuation Possible Value Trap
! 5 Warning Signs
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What is IPA Investment Group JSC Accounts Receivable?

IPA Investment Group JSC HSTC:IPA -0.65% 83 Accounts Receivable is ₫46,779 Mil as of Mar. 2026. GuruFocus rates HSTC:IPA with a GF Score™ of 83/100 and a GF Value™ of ₫23,664.61 (Possible Value Trap). The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. IPA Investment Group JSC's accounts receivables for the quarter that ended in Mar. 2026 was ₫46,779 Mil.

Accounts receivable can be measured by Days Sales Outstanding. IPA Investment Group JSC's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 34.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. IPA Investment Group JSC's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₫-18,430.92.


IPA Investment Group 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.

IPA Investment Group JSC's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=46779.214/124481.746*91
=34.29

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

IPA Investment Group JSC's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(2043352.043+0.75 * 46779.214+0.5 * 51042.994-5831379.283
-0-213772.816)/213.836
=-18,430.92

* 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.


IPA Investment Group JSC Accounts Receivable Related Terms


IPA Investment Group JSC Accounts Receivable Historical Data

* Premium members only.

The historical data trend for IPA Investment Group 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.

IPA Investment Group JSC Accounts Receivable Chart

IPA Investment Group JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial 39,301.68 24,141.09 78,118.97 120,800.34 129,034.23

IPA Investment Group JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only 69,776.15 72,261.63 77,032.99 129,034.23 46,779.21
HSTC:IPA
83GF Score
IPA Investment Group JSC HSTC:IPA
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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IPA Investment Group JSC Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of ₫46,779 Mil mean?
IPA Investment Group JSC (HSTC:IPA) has a Accounts Receivable of ₫46,779 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on IPA Investment Group JSC and its competitors.
Is IPA Investment Group JSC's Accounts Receivable too high?
IPA Investment Group JSC's current Accounts Receivable is ₫46,779 Mil. Overall, IPA Investment Group JSC has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IPA Investment Group JSC's Accounts Receivable compare to MS and GS?
IPA Investment Group JSC's Accounts Receivable of ₫46,779 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Capital Markets company?
A good Accounts Receivable depends on the Capital Markets industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on IPA Investment Group JSC and its competitors. IPA Investment Group JSC's current Accounts Receivable is ₫46,779 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPA Investment Group JSC stock overvalued right now?
Based on GuruFocus' analysis, IPA Investment Group JSC (HSTC:IPA) is currently considered Possible Value Trap. The stock's GF Value™ is ₫23,664.61, compared to a current price of ₫15,300.00 — trading 35.3% below its estimated fair value. The current Accounts Receivable is ₫46,779 Mil. IPA Investment Group JSC's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For IPA Investment Group JSC (HSTC:IPA), the current Accounts Receivable is ₫46,779 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IPA Investment Group JSC (HSTC:IPA) Overvalued in 2026?

Based on GuruFocus' analysis, IPA Investment Group JSC stock appears to be undervalued. The current stock price of ₫15,300.00 is trading 35.3% below its estimated GF Value™ of ₫23,664.61. GuruFocus considers IPA Investment Group JSC to be Possible Value Trap.

Key valuation signals for HSTC:IPA:

  • Accounts Receivable: ₫46,779 Mil
  • GF Value™: ₫23,664.61 vs. price of ₫15,300.00 (35.3% below fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the HSTC:IPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IPA Investment Group JSC Business Description

Address Nguyen Thuong Hien, No. 1, Hai Ba Trung Ward, Hanoi, VNM
IPA Investment Group JSC is a multi-sector investment group building and operating a business ecosystem under the Capability Bank model. It operates diversified business lines directly and/or through subsidiaries, associated companies, and enterprises within the IPA Group ecosystem in Vietnam. The Group's operating business segments are: Financial Services, Investment, Commercial electricity production, Business solutions, F&B, and Others: other services, real estate, goods, etc. The majority of its revenue is derived from its Business solutions and Commercial electricity production segments. These segments offer technology and digital solutions to businesses and engage in construction investment, power facilities development, and the trading of commercial electricity.
83GF Score

Get the complete analysis for HSTC:IPA

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫15,300.00
Price
₫23,664.61
GF Value