Receivables of Enterprises and Profitability, Empirical Evaluation at Vietnam Steel Enterprises

With appropriate research methods, the paper sheds light on research objectives. Present the theoretical basis of Receivables, including accounting principles, principles of recognizing Receivables in accordance with the law, and classifying Receivables according to short-term and long-term receivables. The article has analyzed the situation of receivables indicators at the enterprise selected for experimental assessment, Hoa Phat Group JSC. Based on the secondary data collected, the authors synthesized and calculated indicators such as: Receivables; Vòng quay Receivables; Rate of return on assets; Rate of return on equity of the enterprise; Accounting profit before tax, financing costs and depreciation. Research results have shown that Receivables targets have an indirect impact on the profitability of businesses. However, when evaluating and using these indicators, it is necessary to consider the method and apply appropriate calculation criteria, avoiding changing data such as increasing Receivables turnover or the rate of return on total assets.