An Gia Real Estate Investment And Development (STC:AGG) Receivables Turnover : 2.80 (As of Mar. 2024)

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What is An Gia Real Estate Investment And Development 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. An Gia Real Estate Investment And Development's Revenue for the three months ended in Mar. 2024 was ₫1,312,787 Mil. An Gia Real Estate Investment And Development's average Accounts Receivable for the three months ended in Mar. 2024 was ₫469,055 Mil. Hence, An Gia Real Estate Investment And Development's Receivables Turnover for the three months ended in Mar. 2024 was 2.80.

An Gia Real Estate Investment And Development Receivables Turnover Historical Data

The historical data trend for An Gia Real Estate Investment And Development'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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An Gia Real Estate Investment And Development Receivables Turnover Chart

An Gia Real Estate Investment And Development Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.39

8.61

7.18

22.35

10.23

An Gia Real Estate Investment And Development 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															0.56	4.39	4.31	0.40	2.80

Competitive Comparison of An Gia Real Estate Investment And Development's Receivables Turnover

For the Real Estate - Diversified subindustry, An Gia Real Estate Investment And Development'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.

An Gia Real Estate Investment And Development's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, An Gia Real Estate Investment And Development's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where An Gia Real Estate Investment And Development's Receivables Turnover falls into.

An Gia Real Estate Investment And Development Receivables Turnover Calculation

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

An Gia Real Estate Investment And Development'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 )
=	3891046.85	/ (	(324470.653	+	436015.688)	/	2 )
=	3891046.85	/	380243.1705
=	10.23

An Gia Real Estate Investment And Development'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 )
=	1312787.417	/ (	(436015.688	+	502095.24)	/	2 )
=	1312787.417	/	469055.464
=	2.80

An Gia Real Estate Investment And Development (STC:AGG) 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.

An Gia Real Estate Investment And Development Receivables Turnover Related Terms

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An Gia Real Estate Investment And Development (STC:AGG) Business Description

Industry

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Address

30 Nguyen Thi Dieu, Ward 6, District 3, Ho Chi Minh City, VNM

Website

https://www.angia.com.vn

An Gia Real Estate Investment And Development Corp is a real estate company. The company is engaged in real estate trading, real estate brokerage, real estate management, real estate exchange, management consulting, advertising, marketing research and public opinion polling, organization of convention and trading shows, construction of buildings, construction of other civil projects, construction of railways and roads, construction of utility projects, demolition and site preparation. The company derives its majority of revenue from real estate.