IPA Investment Group JSC (HSTC:IPA) Change In Receivables: ₫38,650 Mil (TTM As of Mar. 2026)

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HSTC:IPA IPA Investment Group JSC HSTC:IPA
86 GF Score
Price ₫14,300.00
GF Value ₫23,452.22
Valuation Possible Value Trap
! 5 Warning Signs
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What is IPA Investment Group JSC Change In Receivables?

IPA Investment Group JSC HSTC:IPA -0.69% 86 Change In Receivables is ₫38,650 Mil as of Mar. 2026. GuruFocus rates HSTC:IPA with a GF Score™ of 86/100 and a GF Value™ of ₫23,452.22 (Possible Value Trap). The stock has 5 warning signs investors should review.

IPA Investment Group JSC's change in receivables for the quarter that ended in Mar. 2026 was ₫79,298 Mil. It means IPA Investment Group JSC's Accounts Receivable declined by ₫79,298 Mil from Dec. 2025 to Mar. 2026 .

IPA Investment Group JSC's change in receivables for the fiscal year that ended in Dec. 2025 was ₫2,897 Mil. It means IPA Investment Group JSC's Accounts Receivable declined by ₫2,897 Mil from Dec. 2024 to Dec. 2025 .

IPA Investment Group JSC's Accounts Receivable for the quarter that ended in Mar. 2026 was ₫46,779 Mil.

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 Receivable are being managed. IPA Investment Group JSC's Days Sales Outstanding for the three months ended in Mar. 2026 was 34.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. IPA Investment Group JSC's liquidation value for the three months ended in Mar. 2026 was ₫-3,727,421 Mil.


IPA Investment Group JSC  (HSTC:IPA) Change In Receivables 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 Receivable 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 liquidation value, IPA Investment Group JSC's accounts receivable are only considered to be worth 75% of book value:

IPA Investment Group JSC's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2043352.043-5831379.283+0.75 * 46779.214+0.5 * 51042.994
=-3,727,421

* 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 Change In Receivables Related Terms


IPA Investment Group JSC Change In Receivables Historical Data

* Premium members only.

The historical data trend for IPA Investment Group JSC's Change In Receivables 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 Change In Receivables Chart

IPA Investment Group JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial 96,582.45 65,449.38 -49,896.58 809,980.66 2,896.58

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
Change In Receivables 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 43,544.59 43,706.08 -3,350.79 -81,003.29 79,297.99
HSTC:IPA
86GF Score
IPA Investment Group JSC HSTC:IPA
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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IPA Investment Group JSC Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫38,650 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ₫38,650 Mil mean?
IPA Investment Group JSC (HSTC:IPA) has a Change In Receivables of ₫38,650 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for IPA Investment Group JSC and its competitors.
Is IPA Investment Group JSC's Change In Receivables too high?
IPA Investment Group JSC's current Change In Receivables is ₫38,650 Mil. Overall, IPA Investment Group JSC has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IPA Investment Group JSC's Change In Receivables compare to MS and GS?
IPA Investment Group JSC's Change In Receivables of ₫38,650 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 Change In Receivables for a Capital Markets company?
A good Change In Receivables depends on the Capital Markets industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for IPA Investment Group JSC and its competitors. IPA Investment Group JSC's current Change In Receivables is ₫38,650 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 ₫23,452.22, compared to a current price of ₫14,300.00 — trading 39% below its estimated fair value. The current Change In Receivables is ₫38,650 Mil. IPA Investment Group JSC's overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For IPA Investment Group JSC (HSTC:IPA), the current Change In Receivables is ₫38,650 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 ₫14,300.00 is trading 39% below its estimated GF Value™ of ₫23,452.22. GuruFocus considers IPA Investment Group JSC to be Possible Value Trap.

Key valuation signals for HSTC:IPA:

  • Change In Receivables: ₫38,650 Mil
  • GF Value™: ₫23,452.22 vs. price of ₫14,300.00 (39% below fair value)
  • GF Score™: 86/100 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.
86GF Score

Get the complete analysis for HSTC:IPA

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

₫14,300.00
Price
₫23,452.22
GF Value