Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Hoa Phat Group JSC's Revenue for the
six
months ended in Jun. 2026 was ₫108,059,750 Mil. Hoa Phat Group JSC's average Accounts Receivable for the
six
months ended in Jun. 2026 was ₫11,788,218 Mil.
Hence, Hoa Phat Group JSC's Receivables Turnover for the
six
months ended in Jun. 2026 was 9.17.
Hoa Phat Group JSC (STC:HPG) 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.
Hoa Phat Group JSC Receivables Turnover Related Terms
Hoa Phat Group JSC Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Hoa Phat Group 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.
STC:HPG vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Hoa Phat Group 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.
Hoa Phat Group JSC Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Hoa Phat Group JSC's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hoa Phat Group JSC's Receivables Turnover falls into.
* 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.
Hoa Phat Group JSC (STC:HPG) has a Receivables Turnover of 9.17 as of Jun. 2026. The accounts 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. View historical data on Hoa Phat Group JSC and its competitors. According to the industry distribution chart, Hoa Phat Group JSC ranks #105 out of 606 companies in the Steel industry, placing it in the top 17.3%.
Is Hoa Phat Group JSC's Receivables Turnover too high?
Hoa Phat Group JSC's current Receivables Turnover is 9.17. The Steel industry median Receivables Turnover is 7.23. Hoa Phat Group JSC's value of 9.17 is 26.8% above this industry median. Based on the distribution chart, Hoa Phat Group JSC ranks #105 out of 606 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Hoa Phat Group JSC has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hoa Phat Group JSC's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Hoa Phat Group JSC ranks #105 out of 606 companies for Receivables Turnover. This places Hoa Phat Group JSC in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.23. Hoa Phat Group JSC's value of 9.17 is 26.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Steel company?
The median Receivables Turnover among Steel companies is 7.23, based on 606 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hoa Phat Group JSC's current Receivables Turnover of 9.17 is 26.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Hoa Phat Group JSC and its competitors. For the Steel industry, the median Receivables Turnover is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoa Phat Group JSC's current Receivables Turnover is 9.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoa Phat Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Hoa Phat Group JSC (STC:HPG) is currently considered Possible Value Trap. The stock's GF Value™ is ₫31,879.43, compared to a current price of ₫21,100.00 — trading 33.8% below its estimated fair value. The current Receivables Turnover is 9.17 and 26.8% above the Steel industry median of 7.23. Hoa Phat Group JSC's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Hoa Phat Group JSC (STC:HPG), the current Receivables Turnover is 9.17 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hoa Phat Group JSC (STC:HPG) Overvalued in 2026?
Based on GuruFocus' analysis, Hoa Phat Group JSC stock appears to be undervalued.
The current stock price of ₫21,100.00 is trading 33.8% below its estimated GF Value™ of ₫31,879.43.
GuruFocus considers Hoa Phat Group JSC to be Possible Value Trap.
Key valuation signals for STC:HPG:
Receivables Turnover: 9.17
GF Value™: ₫31,879.43 vs. price of ₫21,100.00 (33.8% below fair value)
Industry Position: 26.8% above the Steel median (#105 of 606)
No single metric tells the full story. See the STC:HPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoa Phat Group JSC is engaged in the business of steel production and trading. The company operates through four segments which include Production and trading of steel:, Other industrial production, Construction and development of real estate, and Agriculture. The core segment for operations is the steel production and trading accounts for the majority of the Groups revenue.
92GF Score
Get the complete analysis for STC:HPG
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STC:HPG has been successfully added to your 
