Song Da (HSTC:SJG) Change In Receivables: ₫154,815 Mil (TTM As of Jun. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

HSTC:SJG Song Da Corp HSTC:SJG
72 GF Score
Price ₫22,900.00
GF Value ₫19,569.14
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Song Da Change In Receivables?

Song Da HSTC:SJG +9.05% 72 Change In Receivables is ₫154,815 Mil as of Jun. 2026. GuruFocus rates HSTC:SJG with a GF Score™ of 72/100 and a GF Value™ of ₫19,569.14 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Song Da's change in receivables for the quarter that ended in Jun. 2026 was ₫295,302 Mil. It means Song Da's Accounts Receivable declined by ₫295,302 Mil from Mar. 2026 to Jun. 2026 .

Song Da's change in receivables for the fiscal year that ended in Dec. 2025 was ₫-59,866 Mil. It means Song Da's Accounts Receivable increased by ₫59,866 Mil from Dec. 2024 to Dec. 2025 .

Song Da's Accounts Receivable for the quarter that ended in Jun. 2026 was ₫2,104,140 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. Song Da's Days Sales Outstanding for the three months ended in Jun. 2026 was 118.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Song Da's liquidation value for the three months ended in Jun. 2026 was ₫-3,235,243 Mil.


Song Da  (HSTC:SJG) 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.

Song Da's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2104140.291/1620444.616*91
=118.49

2. In Ben Graham's calculation of liquidation value, Song Da's accounts receivable are only considered to be worth 75% of book value:

Song Da's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6680178.126-12346958.182+0.75 * 2104140.291+0.5 * 1706864.575
=-3,235,243

* 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.


Song Da Change In Receivables Related Terms


Song Da Change In Receivables Historical Data

* Premium members only.

The historical data trend for Song Da'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.

Song Da Change In Receivables Chart

Song Da Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial 1,175,208.74 170,760.54 488,461.92 80,481.27 -59,865.99

Song Da Quarterly Data
Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -593,284.87 28,817.88 264,559.63 -433,864.59 295,301.70
HSTC:SJG
72GF Score
Song Da Corp HSTC:SJG
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Song Da 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫154,815 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 ₫154,815 Mil mean?
Song Da (HSTC:SJG) has a Change In Receivables of ₫154,815 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Song Da and its competitors.
Is Song Da's Change In Receivables too high?
Song Da's current Change In Receivables is ₫154,815 Mil. Overall, Song Da has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Song Da's Change In Receivables compare to MMM and HON?
Song Da's Change In Receivables of ₫154,815 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Change In Receivables depends on the Conglomerates 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 Song Da and its competitors. Song Da's current Change In Receivables is ₫154,815 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Da stock overvalued right now?
Based on GuruFocus' analysis, Song Da (HSTC:SJG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫19,569.14, compared to a current price of ₫22,900.00 — trading 17% above its estimated fair value. The current Change In Receivables is ₫154,815 Mil. Song Da's overall GF Score™ is 72/100 with 2 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 Song Da (HSTC:SJG), the current Change In Receivables is ₫154,815 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 Song Da (HSTC:SJG) Overvalued in 2026?

Based on GuruFocus' analysis, Song Da stock appears to be overvalued. The current stock price of ₫22,900.00 is trading 17% above its estimated GF Value™ of ₫19,569.14. GuruFocus considers Song Da to be Modestly Overvalued.

Key valuation signals for HSTC:SJG:

  • Change In Receivables: ₫154,815 Mil
  • GF Value™: ₫19,569.14 vs. price of ₫22,900.00 (17% above fair value)
  • GF Score™: 72/100 with 2 warning signs

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


Song Da Business Description

Address No. 493 Nguyen Trai street, G10 building, Thanh Xuan Nam ward, Thanh Nam district, Hanoi, VNM
Song Da Corp is engaged in business include: production and trading of electricity, construction, installation and trading of real estate. It also includes activities such as General contractor for construction (EPC general contractor) and construction and installation of traffic, industrial, civil, electricity, irrigation, complex underground works; Construction and foundation treatment of works; Construction of houses of all kinds; Trading in commercial electricity; Manufacturing and trading in equipment, Construction materials; Manufacture and install industrial equipment and machinery; Investment, development and business in urban areas, industrial parks and economic zones; Renting office. The company's segments include: Industrial production Construction installation and Others.
72GF Score

Get the complete analysis for HSTC:SJG

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

₫22,900.00
Price
₫19,569.14
GF Value