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PetroVietnam Gas JSC (STC:GAS) Change In Receivables : ₫-2,889,442 Mil (TTM As of Mar. 2024)


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What is PetroVietnam Gas JSC Change In Receivables?

PetroVietnam Gas JSC's change in receivables for the quarter that ended in Mar. 2024 was ₫-3,619,275 Mil. It means PetroVietnam Gas JSC's Accounts Receivable increased by ₫3,619,275 Mil from Dec. 2023 to Mar. 2024 .

PetroVietnam Gas JSC's change in receivables for the fiscal year that ended in Dec. 2023 was ₫-550,297 Mil. It means PetroVietnam Gas JSC's Accounts Receivable increased by ₫550,297 Mil from Dec. 2022 to Dec. 2023 .

PetroVietnam Gas JSC's Accounts Receivable for the quarter that ended in Mar. 2024 was ₫20,315,579 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. PetroVietnam Gas JSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 79.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PetroVietnam Gas JSC's liquidation value for the three months ended in Mar. 2024 was ₫35,243,435 Mil.


PetroVietnam Gas JSC Change In Receivables Historical Data

The historical data trend for PetroVietnam Gas 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.

* Premium members only.

PetroVietnam Gas JSC Change In Receivables Chart

PetroVietnam Gas JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -702,159.41 -960,719.85 -7,153,185.99 782,276.39 -550,297.45

PetroVietnam Gas JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1,280,130.52 -1,274,159.64 2,642,850.09 -638,857.38 -3,619,274.93

PetroVietnam Gas 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫-2,889,442 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.


PetroVietnam Gas JSC  (STC:GAS) 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.

PetroVietnam Gas JSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20315579.091/23314997.604*91
=79.51

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

PetroVietnam Gas JSC's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=42612692.576-23875666.098+0.75 * 20315579.091+0.5 * 2539448.444
=35,243,435

* 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.


PetroVietnam Gas JSC Change In Receivables Related Terms

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PetroVietnam Gas JSC (STC:GAS) Business Description

Traded in Other Exchanges
N/A
Address
No. 673 Nguyen Huu Tho Street, 12th, 12Ath, 14th, 15th Floor, PV Gas Building, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City, VNM
PetroVietnam Gas JSC is a Vietnam-based company which is active in the oil and gas industry. The principal activities of the company are to collect, import, transport, store, process, distribute, trade gas and gas products. It is engaged in distributing, trading gas and dry gas products, LNG (liquefied natural gas), CNG (Compressed natural gas), LPG (Liquefied Petroleum Gas) and condensates for industrial and household use as well as managing, operating, maintaining and restoring all gas works. The company also provides services in the gas industry such as renovating, maintaining, and restoring engines, installing conversion equipment for means of transport and agriculture, forestry and others. It operates its business across the Vietnam.

PetroVietnam Gas JSC (STC:GAS) Headlines

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