VIX Securities JSC (STC:VIX) Accounts Receivable: ₫273,987 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:VIX VIX Securities JSC STC:VIX
83 GF Score
Price ₫12,450.00
GF Value ₫25,291.26
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is VIX Securities JSC Accounts Receivable?

VIX Securities JSC STC:VIX -3.49% 83 Accounts Receivable is ₫273,987 Mil as of Jun. 2026. GuruFocus rates STC:VIX with a GF Score™ of 83/100 and a GF Value™ of ₫25,291.26 (Possible Value Trap). The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VIX Securities JSC's accounts receivables for the quarter that ended in Jun. 2026 was ₫273,987 Mil.

Accounts receivable can be measured by Days Sales Outstanding. VIX Securities JSC's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 79.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. VIX Securities JSC's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was ₫7,534.75.


VIX Securities 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.

VIX Securities JSC's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=273987.281/315674.091*91
=79.20

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

VIX Securities JSC'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)
=(24153806.212+0.75 * 273987.281+0.5 * 77.557-5897028.248
-0-0)/2450.288
=7,534.75

* 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.


VIX Securities JSC Accounts Receivable Related Terms


VIX Securities JSC Accounts Receivable Historical Data

* Premium members only.

The historical data trend for VIX Securities 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.

VIX Securities JSC Accounts Receivable Chart

VIX Securities JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 42,733.64 99,817.53 116,858.87 158,617.87 1,477,948.81

VIX Securities JSC 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 254,572.37 1,100,640.13 1,477,948.81 291,455.32 273,987.28
STC:VIX
83GF Score
VIX Securities JSC STC:VIX
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VIX Securities 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 ₫273,987 Mil mean?
VIX Securities JSC (STC:VIX) has a Accounts Receivable of ₫273,987 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on VIX Securities JSC and its competitors.
Is VIX Securities JSC's Accounts Receivable too high?
VIX Securities JSC's current Accounts Receivable is ₫273,987 Mil. Overall, VIX Securities 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 VIX Securities JSC's Accounts Receivable compare to MS and GS?
VIX Securities JSC's Accounts Receivable of ₫273,987 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 VIX Securities JSC and its competitors. VIX Securities JSC's current Accounts Receivable is ₫273,987 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIX Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, VIX Securities JSC (STC:VIX) is currently considered Possible Value Trap. The stock's GF Value™ is ₫25,291.26, compared to a current price of ₫12,450.00 — trading 50.8% below its estimated fair value. The current Accounts Receivable is ₫273,987 Mil. VIX Securities JSC's overall GF Score™ is 83/100 with 4 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 VIX Securities JSC (STC:VIX), the current Accounts Receivable is ₫273,987 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 VIX Securities JSC (STC:VIX) Overvalued in 2026?

Based on GuruFocus' analysis, VIX Securities JSC stock appears to be undervalued. The current stock price of ₫12,450.00 is trading 50.8% below its estimated GF Value™ of ₫25,291.26. GuruFocus considers VIX Securities JSC to be Possible Value Trap.

Key valuation signals for STC:VIX:

  • Accounts Receivable: ₫273,987 Mil
  • GF Value™: ₫25,291.26 vs. price of ₫12,450.00 (50.8% below fair value)
  • GF Score™: 83/100 with 4 warning signs

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


VIX Securities JSC Business Description

Address No. 52 Le Dai Hanh Street, Floor 22, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM
VIX Securities JSC is a Vietnam-based company that provides brokerage services, securities trading, underwriting for securities issues, finance, and investment advisory services. The Company's goal is to become a securities company with the service quality in the Vietnamese market. The Company always strives to build sustainable trust, in order to bring the highest values and benefits to clients, partners, the community, stakeholders and each employee of the Company.
83GF Score

Get the complete analysis for STC:VIX

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

₫12,450.00
Price
₫25,291.26
GF Value