Ho Chi Minh City Securities (STC:HCM) Accounts Receivable: ₫314,287 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:HCM Ho Chi Minh City Securities Corp STC:HCM
71 GF Score
Price ₫25,550.00
GF Value ₫32,077.04
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Ho Chi Minh City Securities Accounts Receivable?

Ho Chi Minh City Securities STC:HCM +1.79% 71 Accounts Receivable is ₫314,287 Mil as of Jun. 2026. GuruFocus rates STC:HCM with a GF Score™ of 71/100 and a GF Value™ of ₫32,077.04 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ho Chi Minh City Securities's accounts receivables for the quarter that ended in Jun. 2026 was ₫314,287 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ho Chi Minh City Securities's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 46.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ho Chi Minh City Securities's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was ₫-13,798.03.


Ho Chi Minh City Securities 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.

Ho Chi Minh City Securities's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=314286.945/619317.037*91
=46.31

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Ho Chi Minh City Securities's accounts receivable are only considered to be worth 75% of book value:

Ho Chi Minh City Securities's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(11482133.104+0.75 * 314286.945+0.5 * 0-26619123.924
-0-0)/1079.957
=-13,798.03

* 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.


Ho Chi Minh City Securities Accounts Receivable Related Terms


Ho Chi Minh City Securities Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Ho Chi Minh City Securities'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.

Ho Chi Minh City Securities Accounts Receivable Chart

Ho Chi Minh City Securities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 837,460.37 744,109.14 353,028.57 551,533.27 648,874.59

Ho Chi Minh City Securities Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 536,624.02 1,249,863.13 648,874.59 784,026.37 314,286.95
STC:HCM
71GF Score
Ho Chi Minh City Securities Corp STC:HCM
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ho Chi Minh City Securities 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 ₫314,287 Mil mean?
Ho Chi Minh City Securities (STC:HCM) has a Accounts Receivable of ₫314,287 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Ho Chi Minh City Securities and its competitors.
Is Ho Chi Minh City Securities' Accounts Receivable too high?
Ho Chi Minh City Securities' current Accounts Receivable is ₫314,287 Mil. Overall, Ho Chi Minh City Securities has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ho Chi Minh City Securities' Accounts Receivable compare to MS and GS?
Ho Chi Minh City Securities' Accounts Receivable of ₫314,287 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 Ho Chi Minh City Securities and its competitors. Ho Chi Minh City Securities's current Accounts Receivable is ₫314,287 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Chi Minh City Securities stock overvalued right now?
Based on GuruFocus' analysis, Ho Chi Minh City Securities (STC:HCM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫32,077.04, compared to a current price of ₫25,550.00 — trading 20.3% below its estimated fair value. The current Accounts Receivable is ₫314,287 Mil. Ho Chi Minh City Securities' overall GF Score™ is 71/100 with 7 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 Ho Chi Minh City Securities (STC:HCM), the current Accounts Receivable is ₫314,287 Mil as of Jun. 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 Ho Chi Minh City Securities (STC:HCM) Overvalued in 2026?

Based on GuruFocus' analysis, Ho Chi Minh City Securities stock appears to be undervalued. The current stock price of ₫25,550.00 is trading 20.3% below its estimated GF Value™ of ₫32,077.04. GuruFocus considers Ho Chi Minh City Securities to be Modestly Undervalued.

Key valuation signals for STC:HCM:

  • Accounts Receivable: ₫314,287 Mil
  • GF Value™: ₫32,077.04 vs. price of ₫25,550.00 (20.3% below fair value)
  • GF Score™: 71/100 with 7 warning signs

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


Ho Chi Minh City Securities Business Description

Address 76A Le Lai street, Level 2,5,6,7,11 & 12 AB Tower, Ben Thanh Ward, District 1, Ho Chi Minh, VNM
Ho Chi Minh City Securities Corporation is a professional securities brokerage firm in Vietnam. It provides a comprehensive suite of financial services to institutional & private clients. The company focuses on professional investment advisory services backed by a highly recognized research team.
71GF Score

Get the complete analysis for STC:HCM

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

₫25,550.00
Price
₫32,077.04
GF Value