Khai Hoan Land Real Estate JSC (STC:KHG) Receivables Turnover: 1.32 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

STC:KHG Khai Hoan Land Real Estate JSC STC:KHG
66 GF Score
Price ₫4,730.00
GF Value ₫9,805.44
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Khai Hoan Land Real Estate JSC Receivables Turnover?

Khai Hoan Land Real Estate JSC STC:KHG 66 Receivables Turnover is 1.32 as of Mar. 2026. GuruFocus rates STC:KHG with a GF Score™ of 66/100 and a GF Value™ of ₫9,805.44 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,665 Real Estate companies, Khai Hoan Land Real Estate JSC ranks worse than 74.59% on this metric.

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 three months ended in Mar. 2026 was ₫122,677 Mil. Khai Hoan Land Real Estate JSC's average Accounts Receivable for the three months ended in Mar. 2026 was ₫93,220 Mil. Hence, Khai Hoan Land Real Estate JSC's Receivables Turnover for the three months ended in Mar. 2026 was 1.32.


Khai Hoan Land Real Estate JSC  (STC: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


Khai Hoan Land Real Estate JSC Receivables Turnover Historical Data

* Premium members only.

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.

Khai Hoan Land Real Estate JSC Receivables Turnover Chart

Khai Hoan Land Real Estate JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 3.58 2.65 0.88 1.39 4.03

Khai Hoan Land Real Estate JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only 0.46 0.66 0.71 1.76 1.32

Khai Hoan Land Real Estate JSC Receivables Turnover Competitor Comparison

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 Receivables Turnover vs 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.


STC:KHG
66GF Score
Khai Hoan Land Real Estate JSC STC:KHG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=601301.821 / ((202613.227 + 95730.585) / 2 )
=601301.821 / 149171.906
=4.03

Khai Hoan Land Real Estate JSC's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=122677.469 / ((95730.585 + 90709.67) / 2 )
=122677.469 / 93220.1275
=1.32

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.32 mean?
Khai Hoan Land Real Estate JSC (STC:KHG) has a Receivables Turnover of 1.32 as of Mar. 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 Khai Hoan Land Real Estate JSC and its competitors. According to the industry distribution chart, Khai Hoan Land Real Estate JSC ranks #1242 out of 1665 companies in the Real Estate industry, placing it in the top 74.6%.
Is Khai Hoan Land Real Estate JSC's Receivables Turnover too high?
Khai Hoan Land Real Estate JSC's current Receivables Turnover is 1.32. The Real Estate industry median Receivables Turnover is 10.64. Khai Hoan Land Real Estate JSC's value of 1.32 is 87.6% below this industry median. Based on the distribution chart, Khai Hoan Land Real Estate JSC ranks #1242 out of 1665 companies in the Real Estate industry, which is below the industry midpoint. Overall, Khai Hoan Land Real Estate JSC has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Khai Hoan Land Real Estate JSC's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, Khai Hoan Land Real Estate JSC ranks #1242 out of 1665 companies for Receivables Turnover. This places Khai Hoan Land Real Estate JSC in the lower half of its industry. The industry median Receivables Turnover is 10.64. Khai Hoan Land Real Estate JSC's value of 1.32 is 87.6% below 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.64, based on 1,665 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. Khai Hoan Land Real Estate JSC's current Receivables Turnover of 1.32 is 87.6% below 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 Khai Hoan Land Real Estate JSC and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khai Hoan Land Real Estate JSC's current Receivables Turnover is 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khai Hoan Land Real Estate JSC stock overvalued right now?
Based on GuruFocus' analysis, Khai Hoan Land Real Estate JSC (STC:KHG) is currently considered Possible Value Trap. The stock's GF Value™ is ₫9,805.44, compared to a current price of ₫4,730.00 — trading 51.8% below its estimated fair value. The current Receivables Turnover is 1.32 and 87.6% below the Real Estate industry median of 10.64. Khai Hoan Land Real Estate JSC's overall GF Score™ is 66/100 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 Khai Hoan Land Real Estate JSC (STC:KHG), the current Receivables Turnover is 1.32 as of Mar. 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 Khai Hoan Land Real Estate JSC (STC:KHG) Overvalued in 2026?

Based on GuruFocus' analysis, Khai Hoan Land Real Estate JSC stock appears to be undervalued. The current stock price of ₫4,730.00 is trading 51.8% below its estimated GF Value™ of ₫9,805.44. GuruFocus considers Khai Hoan Land Real Estate JSC to be Possible Value Trap.

Key valuation signals for STC:KHG:

  • Receivables Turnover: 1.32
  • GF Value™: ₫9,805.44 vs. price of ₫4,730.00 (51.8% below fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 87.6% below the Real Estate median (#1242 of 1665)

No single metric tells the full story. See the STC:KHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Khai Hoan Land Real Estate JSC Business Description

Address 5-7-9-11 Hung Gia 4 Street, Phu My Hung Urban Area, Tan Hung ward, Ho Chi Minh City, VNM
Khai Hoan Land Real Estate JSC operates as a real estate developer and a broker. The companies business includes real estate consulting, brokerage services, auction of real estate, auction of land use rights; housing construction; site preparation; hotel service with threestart above quality standard (not operating at the head office); organization of introduction and trade promotion; construction of other civil engineering works; restaurants and catering services; trading real estate, land use rights of owners, leased or leased by the owners; retailing other goods in specialized stores; civil design activities; landscape maintenance services; wholesale of other household appliances; career education; other recreational activities.
66GF Score

Get the complete analysis for STC:KHG

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫4,730.00
Price
₫9,805.44
GF Value