Vietnam Dairy Products JSC (BKK:VNM19) Receivables Turnover : 2.90 (As of Mar. 2025)

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What is Vietnam Dairy Products JSC Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Vietnam Dairy Products JSC's Revenue for the three months ended in Mar. 2025 was ฿16,830 Mil. Vietnam Dairy Products JSC's average Accounts Receivable for the three months ended in Mar. 2025 was ฿5,796 Mil. Hence, Vietnam Dairy Products JSC's Receivables Turnover for the three months ended in Mar. 2025 was 2.90.

Vietnam Dairy Products JSC Receivables Turnover Historical Data

The historical data trend for Vietnam Dairy Products JSC's Receivables Turnover 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.

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Vietnam Dairy Products JSC Receivables Turnover Chart

Vietnam Dairy Products JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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15.60

14.26

13.32

12.79

12.87

Vietnam Dairy Products JSC Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															2.98	3.40	3.22	3.32	2.90

Competitive Comparison of Vietnam Dairy Products JSC's Receivables Turnover

For the Packaged Foods subindustry, Vietnam Dairy Products JSC's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Vietnam Dairy Products JSC's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Vietnam Dairy Products JSC's Receivables Turnover falls into.

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Vietnam Dairy Products JSC Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Vietnam Dairy Products JSC's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	80388.893	/ (	(6256.203	+	6236.62)	/	2 )
=	80388.893	/	6246.4115
=	12.87

Vietnam Dairy Products JSC's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	16829.826	/ (	(6236.62	+	5356.089)	/	2 )
=	16829.826	/	5796.3545
=	2.90

Vietnam Dairy Products JSC (BKK:VNM19) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Vietnam Dairy Products JSC Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Vietnam Dairy Products JSC's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Vietnam Dairy Products JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vietnam Dairy Products JSC (BKK:VNM19) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

VNM:Vietnam

Address

No. 10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh, VNM

Website

https://www.vinamilk.com.vn

Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.

Vietnam Dairy Products JSC Headlines

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