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Chinatesta Textile Testing and Certification Services Co (BJSE:920122) 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.
Chinatesta Textile Testing and Certification Services Co Receivables Turnover Related Terms
Chinatesta Textile Testing and Certification Services Co Receivables Turnover Historical Data
* 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.
Chinatesta Textile Testing and Certification Services Co Receivables Turnover Chart
Chinatesta Textile Testing and Certification Services Co Annual Data
* 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.
Chinatesta Textile Testing and Certification Services Co Receivables Turnover vs Business Services Industry
* 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.
Chinatesta Textile Testing and Certification Services Co (BJSE:920122) has a Receivables Turnover of 0.83 as of Mar. 2026. The accounts 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. View historical data on Chinatesta Textile Testing and Certification Services Co and its competitors. According to the industry distribution chart, Chinatesta Textile Testing and Certification Services Co ranks #823 out of 1062 companies in the Business Services industry, placing it in the top 77.5%.
Is Chinatesta Textile Testing and Certification Services Co's Receivables Turnover too high?
Chinatesta Textile Testing and Certification Services Co's current Receivables Turnover is 0.83. The Business Services industry median Receivables Turnover is 6.43. Chinatesta Textile Testing and Certification Services Co's value of 0.83 is 87.1% below this industry median. Based on the distribution chart, Chinatesta Textile Testing and Certification Services Co ranks #823 out of 1062 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Chinatesta Textile Testing and Certification Services Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chinatesta Textile Testing and Certification Services Co's Receivables Turnover compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Chinatesta Textile Testing and Certification Services Co ranks #823 out of 1062 companies for Receivables Turnover. This places Chinatesta Textile Testing and Certification Services Co in the lower half of its industry. The industry median Receivables Turnover is 6.43. Chinatesta Textile Testing and Certification Services Co's value of 0.83 is 87.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Business Services company?
The median Receivables Turnover among Business Services companies is 6.43, based on 1,062 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chinatesta Textile Testing and Certification Services Co's current Receivables Turnover of 0.83 is 87.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Chinatesta Textile Testing and Certification Services Co and its competitors. For the Business Services industry, the median Receivables Turnover is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chinatesta Textile Testing and Certification Services Co's current Receivables Turnover is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinatesta Textile Testing and Certification Services Co stock overvalued right now?
Based on GuruFocus' analysis, Chinatesta Textile Testing and Certification Services Co (BJSE:920122) is currently considered Possible Value Trap. The stock's GF Value™ is ¥39.62, compared to a current price of ¥22.35 — trading 43.6% below its estimated fair value. The current Receivables Turnover is 0.83 and 87.1% below the Business Services industry median of 6.43. Chinatesta Textile Testing and Certification Services Co's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Chinatesta Textile Testing and Certification Services Co (BJSE:920122), the current Receivables Turnover is 0.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Chinatesta Textile Testing and Certification Services Co (BJSE:920122) Overvalued in 2026?
Based on GuruFocus' analysis, Chinatesta Textile Testing and Certification Services Co stock appears to be undervalued.
The current stock price of ¥22.35 is trading 43.6% below its estimated GF Value™ of ¥39.62.
GuruFocus considers Chinatesta Textile Testing and Certification Services Co to be Possible Value Trap.
Key valuation signals for BJSE:920122:
Receivables Turnover: 0.83
GF Value™: ¥39.62 vs. price of ¥22.35 (43.6% below fair value)
Industry Position: 87.1% below the Business Services median (#823 of 1062)
No single metric tells the full story. See the BJSE:920122 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chinatesta Textile Testing and Certification Services Co Ltd is engaged in the research and revision of textile standards, inspection, testing, and certification of textile and light industrial products, research and development, management of test consumables, and calibration of textile instruments.
64GF Score
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