Sai Gon Ground Services JSC (STC:SGN) Receivables Turnover: 1.45 (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:SGN Sai Gon Ground Services JSC STC:SGN
90 GF Score
Price ₫54,000.00
GF Value ₫74,704.82
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Sai Gon Ground Services JSC Receivables Turnover?

Sai Gon Ground Services JSC STC:SGN +2.66% 90 Receivables Turnover is 1.45 as of Mar. 2026. GuruFocus rates STC:SGN with a GF Score™ of 90/100 and a GF Value™ of ₫74,704.82 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 999 Transportation companies, Sai Gon Ground Services JSC ranks worse than 66.97% 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. Sai Gon Ground Services JSC's Revenue for the three months ended in Mar. 2026 was ₫388,695 Mil. Sai Gon Ground Services JSC's average Accounts Receivable for the three months ended in Mar. 2026 was ₫267,414 Mil. Hence, Sai Gon Ground Services JSC's Receivables Turnover for the three months ended in Mar. 2026 was 1.45.


Sai Gon Ground Services JSC  (STC:SGN) 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.


Sai Gon Ground Services JSC Receivables Turnover Related Terms


Sai Gon Ground Services JSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sai Gon Ground Services 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.

Sai Gon Ground Services JSC Receivables Turnover Chart

Sai Gon Ground Services JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 2.15 4.15 4.50 4.49 5.37

Sai Gon Ground Services 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 1.80 1.52 1.50 1.49 1.45

STC:SGN vs JOBY, CAAP: Receivables Turnover Comparison

For the Airports & Air Services subindustry, Sai Gon Ground Services 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.


Sai Gon Ground Services JSC Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Sai Gon Ground Services JSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sai Gon Ground Services JSC's Receivables Turnover falls into.


STC:SGN
90GF Score
Sai Gon Ground Services JSC STC:SGN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sai Gon Ground Services JSC Receivables Turnover Calculation

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

Sai Gon Ground Services 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 )
=1241347.563 / ((223164.029 + 239588.497) / 2 )
=1241347.563 / 231376.263
=5.37

Sai Gon Ground Services 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 )
=388695.447 / ((239588.497 + 295240.474) / 2 )
=388695.447 / 267414.4855
=1.45

* 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 1.45 mean?
Sai Gon Ground Services JSC (STC:SGN) has a Receivables Turnover of 1.45 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 Sai Gon Ground Services JSC and its competitors. According to the industry distribution chart, Sai Gon Ground Services JSC ranks #669 out of 999 companies in the Transportation industry, placing it in the top 67%.
Is Sai Gon Ground Services JSC's Receivables Turnover too high?
Sai Gon Ground Services JSC's current Receivables Turnover is 1.45. The Transportation industry median Receivables Turnover is 7.74. Sai Gon Ground Services JSC's value of 1.45 is 81.3% below this industry median. Based on the distribution chart, Sai Gon Ground Services JSC ranks #669 out of 999 companies in the Transportation industry, which is below the industry midpoint. Overall, Sai Gon Ground Services JSC has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sai Gon Ground Services JSC's Receivables Turnover compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Sai Gon Ground Services JSC ranks #669 out of 999 companies for Receivables Turnover. This places Sai Gon Ground Services JSC in the lower half of its industry. The industry median Receivables Turnover is 7.74. Sai Gon Ground Services JSC's value of 1.45 is 81.3% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 999 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. Sai Gon Ground Services JSC's current Receivables Turnover of 1.45 is 81.3% 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 Sai Gon Ground Services JSC and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sai Gon Ground Services JSC's current Receivables Turnover is 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sai Gon Ground Services JSC stock overvalued right now?
Based on GuruFocus' analysis, Sai Gon Ground Services JSC (STC:SGN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫74,704.82, compared to a current price of ₫54,000.00 — trading 27.7% below its estimated fair value. The current Receivables Turnover is 1.45 and 81.3% below the Transportation industry median of 7.74. Sai Gon Ground Services JSC's overall GF Score™ is 90/100 with 1 warning sign 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 Sai Gon Ground Services JSC (STC:SGN), the current Receivables Turnover is 1.45 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 Sai Gon Ground Services JSC (STC:SGN) Overvalued in 2026?

Based on GuruFocus' analysis, Sai Gon Ground Services JSC stock appears to be undervalued. The current stock price of ₫54,000.00 is trading 27.7% below its estimated GF Value™ of ₫74,704.82. GuruFocus considers Sai Gon Ground Services JSC to be Modestly Undervalued.

Key valuation signals for STC:SGN:

  • Receivables Turnover: 1.45
  • GF Value™: ₫74,704.82 vs. price of ₫54,000.00 (27.7% below fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 81.3% below the Transportation median (#669 of 999)

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


Sai Gon Ground Services JSC Business Description

Address 58 Truong Son, Ward 02, Tan Binh District, Ho Chi Minh, VNM
Sai Gon Ground Services JSC is engaged in providing various ground services to airlines in Vietnam. The services offered by the company include passenger, ramp, baggage, aircraft appearance, load control and flight, cargo, charter and VIP handling, training, aviation IT support, line maintenance, workshop services for ground, support equipment, and other support services. It offers services at Tan Son Nhat International Airport, Da Nang International Airport, and Cam Ranh International Airport.
90GF Score

Get the complete analysis for STC:SGN

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

₫54,000.00
Price
₫74,704.82
GF Value