Digiworld (STC:DGW) Receivables Turnover : 2.60 (As of Dec. 2024)

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What is Digiworld 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. Digiworld's Revenue for the three months ended in Dec. 2024 was ₫5,859,282 Mil. Digiworld's average Accounts Receivable for the three months ended in Dec. 2024 was ₫2,254,480 Mil. Hence, Digiworld's Receivables Turnover for the three months ended in Dec. 2024 was 2.60.

Digiworld Receivables Turnover Historical Data

The historical data trend for Digiworld'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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Digiworld Receivables Turnover Chart

Digiworld Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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15.19

15.06

13.88

10.82

11.14

Digiworld Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															2.23	2.46	2.18	2.47	2.60

Competitive Comparison of Digiworld's Receivables Turnover

For the Electronics & Computer Distribution subindustry, Digiworld'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.

Digiworld's Receivables Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Digiworld's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Digiworld's Receivables Turnover falls into.

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Digiworld Receivables Turnover Calculation

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

Digiworld'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 )
=	22078260.362	/ (	(1981650.094	+	1981650.094)	/	2 )
=	22078260.362	/	1981650.094
=	11.14

Digiworld's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	5859281.891	/ (	(2527308.932	+	1981650.094)	/	2 )
=	5859281.891	/	2254479.513
=	2.60

Digiworld (STC:DGW) 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.

Digiworld Receivables Turnover Related Terms

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Digiworld Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Digiworld Corp (STC:DGW) » Definitions » Receivables Turnover

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Address

195 - 197 Nguyen Thai Binh, Nguyen Thai Binh Ward, District 1, Ho Chi Minh, VNM

Website

https://www.digiworld.com.vn

Digiworld Corp is engaged in trading technological software products, computers and accessories, and electronic accessories, trading telephones, switchboards, and air conditioners, transferring information technology, and automatic controls and providing goods consignment agency services. The company functions in technology, healthcare and fast consumption industries.

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