VinFast Auto (VinFast Auto) Accounts Receivable : $21 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is VinFast Auto Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VinFast Auto's accounts receivables for the quarter that ended in Mar. 2024 was $21 Mil.

Accounts receivable can be measured by Days Sales Outstanding. VinFast Auto's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 6.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. VinFast Auto's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-4.81.

VinFast Auto Accounts Receivable Historical Data

The historical data trend for VinFast Auto's Accounts Receivable 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.

VinFast Auto Accounts Receivable Chart

VinFast Auto Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

11.74

16.84

25.65

18.25

VinFast Auto Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial							17.21	13.97	45.48	18.25	20.70

VinFast Auto Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

VinFast Auto Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

VinFast Auto's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.696	/	285.357	*	91
=	6.62

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), VinFast Auto's accounts receivable are only considered to be worth 75% of book value:

VinFast Auto's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(116.407	+	0.75 * 20.696	+	0.5 * 1049.26	-	8860.759
-	0	-	3038.335)	/	2337.87
=	-4.81

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

VinFast Auto Accounts Receivable Related Terms

Thank you for viewing the detailed overview of VinFast Auto's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

VinFast Auto (VinFast Auto) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » VinFast Auto Ltd (NAS:VFS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

0TL:Germany 0TL:Germany

Address

Dinh Vu – Cat Hai Economic Zone, Cat Hai Islands, Cat Hai Town, Cat Hai District, Hai Phong, VNM

Website

https://www.vinfastauto.us

VinFast Auto Ltd manufacture cars, and motor vehicles, render leasing activities, trade smartphones, and related businesses. The company is engaged in designing and manufacturing premium EVs, e-scooters, and e-buses. The company's initial EV product line is an all-new range of fully-electric A- through E-segment SUVs. The Company has three reportable segments, namely Automobiles, E-scooter, Spare parts & Aftermarket services. The Automobiles segment includes the design, development, manufacturing, and sales of cars and electric buses. The E-scooter segment includes the design, development, manufacturing, and sales of e-scooters. The sales of spare parts and rendering of aftermarket services for automobiles and e-scooters are included in the Spare parts & Aftermarket services segment.