Saigon Beer Alcohol Beverage (STC:SAB) Receivables Turnover : 18.53 (As of Mar. 2024)

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What is Saigon Beer Alcohol Beverage 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. Saigon Beer Alcohol Beverage's Revenue for the three months ended in Mar. 2024 was ₫7,183,512 Mil. Saigon Beer Alcohol Beverage's average Accounts Receivable for the three months ended in Mar. 2024 was ₫387,735 Mil. Hence, Saigon Beer Alcohol Beverage's Receivables Turnover for the three months ended in Mar. 2024 was 18.53.

Saigon Beer Alcohol Beverage Receivables Turnover Historical Data

The historical data trend for Saigon Beer Alcohol Beverage'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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Saigon Beer Alcohol Beverage Receivables Turnover Chart

Saigon Beer Alcohol Beverage Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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188.66

246.37

309.74

159.42

75.66

Saigon Beer Alcohol Beverage Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															36.17	21.70	28.74	22.76	18.53

Competitive Comparison of Saigon Beer Alcohol Beverage's Receivables Turnover

For the Beverages - Brewers subindustry, Saigon Beer Alcohol Beverage'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.

Saigon Beer Alcohol Beverage's Receivables Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Saigon Beer Alcohol Beverage's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Saigon Beer Alcohol Beverage's Receivables Turnover falls into.

Saigon Beer Alcohol Beverage Receivables Turnover Calculation

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

Saigon Beer Alcohol Beverage'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 )
=	30461367.282	/ (	(337852.27	+	467366.764)	/	2 )
=	30461367.282	/	402609.517
=	75.66

Saigon Beer Alcohol Beverage'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 )
=	7183511.591	/ (	(467366.764	+	308102.885)	/	2 )
=	7183511.591	/	387734.8245
=	18.53

Saigon Beer Alcohol Beverage (STC:SAB) 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.

Saigon Beer Alcohol Beverage Receivables Turnover Related Terms

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Saigon Beer Alcohol Beverage (STC:SAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Saigon Beer Alcohol Beverage Corp (STC:SAB) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 187, Nguyen Chi Thanh Street, Ward 12, District 5, Ho Chi Minh City, VNM

Website

https://www.sabeco.com.vn

Saigon Beer Alcohol Beverage Corp operates in the beverage industry. The company produces and sells beer, alcohol, beverages, and related products including material and packaging materials; to provide warehousing, logistics, and transportation services; to manufacture mechanical equipment, structural steel construction, and mechanical equipment installation services; and to construct and provide real estate services.

Saigon Beer Alcohol Beverage (STC:SAB) Headlines

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