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Khai Hoan Land Real Estate JSC (HSTC:KHG) Receivables Turnover : 0.17 (As of Mar. 2024)


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What is Khai Hoan Land Real Estate 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. Khai Hoan Land Real Estate JSC's Revenue for the six months ended in Mar. 2024 was ₫36,730 Mil. Khai Hoan Land Real Estate JSC's average Accounts Receivable for the six months ended in Mar. 2024 was ₫213,649 Mil. Hence, Khai Hoan Land Real Estate JSC's Receivables Turnover for the six months ended in Mar. 2024 was 0.17.


Khai Hoan Land Real Estate JSC Receivables Turnover Historical Data

The historical data trend for Khai Hoan Land Real Estate 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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Khai Hoan Land Real Estate JSC Receivables Turnover Chart

Khai Hoan Land Real Estate JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
15.04 11.14 3.16 3.58 2.65

Khai Hoan Land Real Estate JSC Semi-Annual Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover 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 0.44 - 0.13 0.07 0.17

Competitive Comparison of Khai Hoan Land Real Estate JSC's Receivables Turnover

For the Real Estate - Development subindustry, Khai Hoan Land Real Estate 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.


Khai Hoan Land Real Estate JSC's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Khai Hoan Land Real Estate JSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Khai Hoan Land Real Estate JSC's Receivables Turnover falls into.



Khai Hoan Land Real Estate JSC Receivables Turnover Calculation

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

Khai Hoan Land Real Estate JSC's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=1396204.292 / ((541820.941 + 510928.598) / 2 )
=1396204.292 / 526374.7695
=2.65

Khai Hoan Land Real Estate JSC's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=36729.603 / ((242599.494 + 184698.676) / 2 )
=36729.603 / 213649.085
=0.17

* 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.


Khai Hoan Land Real Estate JSC  (HSTC:KHG) 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.


Khai Hoan Land Real Estate JSC Receivables Turnover Related Terms

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Khai Hoan Land Real Estate JSC (HSTC:KHG) Business Description

Comparable Companies
Traded in Other Exchanges
Address
R4-93 Hung Gia 4 Street, Phu My Hung Urban Area, Tan Phong Ward, District 7, Ho Chi Minh City, VNM
Khai Hoan Land Real Estate JSC operates as a real estate developer and a broker. The company develops luxury apartments, resorts, and apartments.

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