Binh Duong Trade and Development JSC (STC:TDC) Receivables Turnover : 1.39 (As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Binh Duong Trade and Development JSC 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. Binh Duong Trade and Development JSC's Revenue for the three months ended in Dec. 2024 was ₫763,938 Mil. Binh Duong Trade and Development JSC's average Accounts Receivable for the three months ended in Dec. 2024 was ₫547,675 Mil. Hence, Binh Duong Trade and Development JSC's Receivables Turnover for the three months ended in Dec. 2024 was 1.39.

Binh Duong Trade and Development JSC Receivables Turnover Historical Data

The historical data trend for Binh Duong Trade and Development 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.

* Premium members only.

Binh Duong Trade and Development JSC Receivables Turnover Chart

Binh Duong Trade and Development JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

3.44

3.04

3.22

0.51

2.17

Binh Duong Trade and Development JSC 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															0.30	0.42	0.44	0.59	1.39

Competitive Comparison of Binh Duong Trade and Development JSC's Receivables Turnover

For the Building Materials subindustry, Binh Duong Trade and Development 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.

Binh Duong Trade and Development JSC's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Binh Duong Trade and Development JSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Binh Duong Trade and Development JSC's Receivables Turnover falls into.

Save Embed

;

Save Embed

;

Binh Duong Trade and Development JSC Receivables Turnover Calculation

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

Binh Duong Trade and Development JSC'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 )
=	1170572.09	/ (	(307971.865	+	771064.372)	/	2 )
=	1170572.09	/	539518.1185
=	2.17

Binh Duong Trade and Development JSC'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 )
=	763938.36	/ (	(324285.27	+	771064.372)	/	2 )
=	763938.36	/	547674.821
=	1.39

Binh Duong Trade and Development JSC (STC:TDC) 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.

Binh Duong Trade and Development JSC Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Binh Duong Trade and Development JSC's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Binh Duong Trade and Development JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Binh Duong Trade and Development JSC (STC:TDC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 26-27, Dong Khoi Street, Plot I, Hoa Phu Ward, Binh Duong, Thu Dau Mot, VNM

Website

http://www.becamextdc.com.vn

Binh Duong Trade and Development JSC is a Vietnam based company engaged in the business lines of Trading real estate business, Construction, Production of materials and Material business. The real estate projects of the company include luxury apartment, the ground, villas, shop house, social security housing projects and others.