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Phu Hung Securities (HSTC:PHS) Receivables Turnover : 0.91 (As of Sep. 2024)


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What is Phu Hung Securities 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. Phu Hung Securities's Revenue for the three months ended in Sep. 2024 was ₫97,809 Mil. Phu Hung Securities's average Accounts Receivable for the three months ended in Sep. 2024 was ₫107,829 Mil. Hence, Phu Hung Securities's Receivables Turnover for the three months ended in Sep. 2024 was 0.91.


Phu Hung Securities Receivables Turnover Historical Data

The historical data trend for Phu Hung Securities'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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Phu Hung Securities Receivables Turnover Chart

Phu Hung Securities Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
5.29 6.48 4.04 3.52 6.51

Phu Hung Securities Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.14 1.41 1.39 1.34 0.91

Competitive Comparison of Phu Hung Securities's Receivables Turnover

For the Capital Markets subindustry, Phu Hung Securities'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.


Phu Hung Securities's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Phu Hung Securities's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Phu Hung Securities's Receivables Turnover falls into.



Phu Hung Securities Receivables Turnover Calculation

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

Phu Hung Securities's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=472317.787 / ((66545.417 + 78511.333) / 2 )
=472317.787 / 72528.375
=6.51

Phu Hung Securities's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=97809.195 / ((64219.866 + 151437.368) / 2 )
=97809.195 / 107828.617
=0.91

* 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.


Phu Hung Securities  (HSTC:PHS) 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.


Phu Hung Securities Receivables Turnover Related Terms

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Phu Hung Securities Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
08 Hoang Van Thai street, 21st floor, Phu My Hung Tower, Tan Phu Ward, District 7, Ho Chi Minh City, VNM
Phu Hung Securities Corp provides financial trading services. The principal activities of the Company include carrying out securities brokerage, securities trading, securities investment advisory, margin loan, securities custody, and securities underwriting. The company operates into four business segments: Securities brokerage, Securities trading, Treasury activities and others, out of which it generates maximum revenue from the Treasury Activities Segment.

Phu Hung Securities Headlines

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