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SJ Group JSC (STC:SJS) Receivables Turnover : 0.70 (As of Mar. 2024)


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What is SJ Group 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. SJ Group JSC's Revenue for the three months ended in Mar. 2024 was ₫118,280 Mil. SJ Group JSC's average Accounts Receivable for the three months ended in Mar. 2024 was ₫169,045 Mil. Hence, SJ Group JSC's Receivables Turnover for the three months ended in Mar. 2024 was 0.70.


SJ Group JSC Receivables Turnover Historical Data

The historical data trend for SJ Group 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.

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SJ Group JSC Receivables Turnover Chart

SJ Group JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 3.01 2.30 2.04 2.61

SJ Group JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.38 0.10 1.29 1.11 0.70

Competitive Comparison of SJ Group JSC's Receivables Turnover

For the Real Estate Services subindustry, SJ Group 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.


SJ Group JSC's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SJ Group JSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SJ Group JSC's Receivables Turnover falls into.



SJ Group JSC Receivables Turnover Calculation

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

SJ Group JSC's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=416023.572 / ((148782.797 + 169522.298) / 2 )
=416023.572 / 159152.5475
=2.61

SJ Group JSC's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=118279.935 / ((169522.298 + 168568.231) / 2 )
=118279.935 / 169045.2645
=0.70

* 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.


SJ Group JSC  (STC:SJS) 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.


SJ Group JSC Receivables Turnover Related Terms

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SJ Group JSC (STC:SJS) Business Description

Traded in Other Exchanges
N/A
Address
Floor 1,2, CT1 Building, My Dinh Urban Area, Me Tri, Tu Liem, Hanoi, VNM
Song Da Urban & Industrial Zone Investment And Development JSC is engaged in the investment and development of real estate properties in the urban and industrial areas in Vietnam.

SJ Group JSC (STC:SJS) Headlines

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