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. Song Hong Garment JSC's Revenue for the
three
months ended in Mar. 2026 was ₫1,041,226 Mil. Song Hong Garment JSC's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₫754,554 Mil.
Hence, Song Hong Garment JSC's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.38.
Song Hong Garment JSC (STC:MSH) 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.
Song Hong Garment JSC Receivables Turnover Related Terms
Song Hong Garment JSC Receivables Turnover Historical Data
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The historical data trend for Song Hong Garment 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:MSH vs RL, LEVI, VFC: Receivables Turnover Comparison
For the Apparel Manufacturing subindustry, Song Hong Garment 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.
Song Hong Garment JSC Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Song Hong Garment JSC's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Song Hong Garment 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.
Song Hong Garment JSC (STC:MSH) has a Receivables Turnover of 1.38 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 Song Hong Garment JSC and its competitors. According to the industry distribution chart, Song Hong Garment JSC ranks #514 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 50%.
Is Song Hong Garment JSC's Receivables Turnover too high?
Song Hong Garment JSC's current Receivables Turnover is 1.38. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.98. Song Hong Garment JSC's value of 1.38 is 80.2% below this industry median. Based on the distribution chart, Song Hong Garment JSC ranks #514 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Song Hong Garment JSC has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Hong Garment JSC's Receivables Turnover compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Song Hong Garment JSC ranks #514 out of 1027 companies for Receivables Turnover. This puts Song Hong Garment JSC in the upper half of its industry. The industry median Receivables Turnover is 6.98. Song Hong Garment JSC's value of 1.38 is 80.2% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.98, based on 1,027 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. Song Hong Garment JSC's current Receivables Turnover of 1.38 is 80.2% 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 Song Hong Garment JSC and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Hong Garment JSC's current Receivables Turnover is 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Hong Garment JSC stock overvalued right now?
Based on GuruFocus' analysis, Song Hong Garment JSC (STC:MSH) is currently considered Fairly Valued. The stock's GF Value™ is ₫34,380.10, compared to a current price of ₫32,500.00 — trading 5.5% below its estimated fair value. The current Receivables Turnover is 1.38 and 80.2% below the Manufacturing - Apparel & Accessories industry median of 6.98. Song Hong Garment JSC's overall GF Score™ is 80/100 with 4 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 Song Hong Garment JSC (STC:MSH), the current Receivables Turnover is 1.38 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 Song Hong Garment JSC (STC:MSH) Overvalued in 2026?
Based on GuruFocus' analysis, Song Hong Garment JSC stock appears to be undervalued.
The current stock price of ₫32,500.00 is trading 5.5% below its estimated GF Value™ of ₫34,380.10.
GuruFocus considers Song Hong Garment JSC to be Fairly Valued.
Key valuation signals for STC:MSH:
Receivables Turnover: 1.38
GF Value™: ₫34,380.10 vs. price of ₫32,500.00 (5.5% below fair value)
Industry Position: 80.2% below the Manufacturing - Apparel & Accessories median (#514 of 1027)
No single metric tells the full story. See the STC:MSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Song Hong Garment JSC is a Vietnam-based manufacturer and distributor of garment and textile products. The company has a market presence in Vietnam and the international market. Its product offerings include bedding and all lines of clothing for men, women, and children. the principal activities includes Producing clothes for domestic market; Producing carpets, blankets; Trading on industrial products for domestic market; Sewing clothes (except for clothes made of animal leather and feather); Trading on other kinds of materials, equipments and spare parts for the garment-textile industry; Producing knitted clothes; Wholesaler of fabrics, clothes and shoes; Trading on domestic cigarettes, alcohol and cosmetics; Warehousing and storing services; and Others.
80GF Score
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