Jiangsu Keqiang New Materials Co (BJSE:920665) Receivables Turnover: 0.41 (As of Jun. 2026)

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BJSE:920665 Jiangsu Keqiang New Materials Co Ltd BJSE:920665
66 GF Score
Price ¥8.50
GF Value ¥12.43
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Jiangsu Keqiang New Materials Co Receivables Turnover?

Jiangsu Keqiang New Materials Co BJSE:920665 66 Receivables Turnover is 0.41 as of Jun. 2026. GuruFocus rates BJSE:920665 with a GF Score™ of 66/100 and a GF Value™ of ¥12.43 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,588 Chemicals companies, Jiangsu Keqiang New Materials Co ranks worse than 96.91% on this metric.

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. Jiangsu Keqiang New Materials Co's Revenue for the three months ended in Jun. 2026 was ¥72.7 Mil. Jiangsu Keqiang New Materials Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥175.7 Mil. Hence, Jiangsu Keqiang New Materials Co's Receivables Turnover for the three months ended in Jun. 2026 was 0.41.


Jiangsu Keqiang New Materials Co  (BJSE:920665) 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.


Jiangsu Keqiang New Materials Co Receivables Turnover Related Terms


Jiangsu Keqiang New Materials Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Jiangsu Keqiang New Materials Co'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.

Jiangsu Keqiang New Materials Co Receivables Turnover Chart

Jiangsu Keqiang New Materials Co Annual Data
Trend Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 1.81 1.82 1.94 1.68 1.84

Jiangsu Keqiang New Materials Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.46 0.46 0.50 0.44 0.41

BJSE:920665 vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Jiangsu Keqiang New Materials Co'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.


Jiangsu Keqiang New Materials Co Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Keqiang New Materials Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jiangsu Keqiang New Materials Co's Receivables Turnover falls into.


BJSE:920665
66GF Score
Jiangsu Keqiang New Materials Co Ltd BJSE:920665
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Jiangsu Keqiang New Materials Co Receivables Turnover Calculation

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

Jiangsu Keqiang New Materials Co's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=324.868 / ((182.963 + 170.608) / 2 )
=324.868 / 176.7855
=1.84

Jiangsu Keqiang New Materials Co's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=72.702 / ((176.012 + 175.288) / 2 )
=72.702 / 175.65
=0.41

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.41 mean?
Jiangsu Keqiang New Materials Co (BJSE:920665) has a Receivables Turnover of 0.41 as of Jun. 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 Jiangsu Keqiang New Materials Co and its competitors. According to the industry distribution chart, Jiangsu Keqiang New Materials Co ranks #1539 out of 1588 companies in the Chemicals industry, placing it in the top 96.9%.
Is Jiangsu Keqiang New Materials Co's Receivables Turnover too high?
Jiangsu Keqiang New Materials Co's current Receivables Turnover is 0.41. The Chemicals industry median Receivables Turnover is 5.77. Jiangsu Keqiang New Materials Co's value of 0.41 is 92.9% below this industry median. Based on the distribution chart, Jiangsu Keqiang New Materials Co ranks #1539 out of 1588 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Jiangsu Keqiang New Materials Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Keqiang New Materials Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jiangsu Keqiang New Materials Co ranks #1539 out of 1588 companies for Receivables Turnover. This places Jiangsu Keqiang New Materials Co in the lower half of its industry. The industry median Receivables Turnover is 5.77. Jiangsu Keqiang New Materials Co's value of 0.41 is 92.9% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.77, based on 1,588 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. Jiangsu Keqiang New Materials Co's current Receivables Turnover of 0.41 is 92.9% 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 Jiangsu Keqiang New Materials Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Keqiang New Materials Co's current Receivables Turnover is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Keqiang New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Keqiang New Materials Co (BJSE:920665) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥12.43, compared to a current price of ¥8.50 — trading 31.6% below its estimated fair value. The current Receivables Turnover is 0.41 and 92.9% below the Chemicals industry median of 5.77. Jiangsu Keqiang New Materials Co's overall GF Score™ is 66/100 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 Jiangsu Keqiang New Materials Co (BJSE:920665), the current Receivables Turnover is 0.41 as of Jun. 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 Jiangsu Keqiang New Materials Co (BJSE:920665) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu Keqiang New Materials Co stock appears to be undervalued. The current stock price of ¥8.50 is trading 31.6% below its estimated GF Value™ of ¥12.43. GuruFocus considers Jiangsu Keqiang New Materials Co to be Significantly Undervalued.

Key valuation signals for BJSE:920665:

  • Receivables Turnover: 0.41
  • GF Value™: ¥12.43 vs. price of ¥8.50 (31.6% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 92.9% below the Chemicals median (#1539 of 1588)

No single metric tells the full story. See the BJSE:920665 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu Keqiang New Materials Co Business Description

Address No. 1, Xiasheng Road, Qiaoqi Industrial Park, Jiangyin, CHN
Jiangsu Keqiang New Materials Co Ltd is a company engaged in research & development, production and sales of special high-performance rubber (cloth, plate, belt) products, providing global customers with system solutions in the fields of sealing, buffering, anti-corrosion, transmission and other fields. The main products include train windshield fabrics, silicone sheets for photovoltaic module laminators, rubber sealing parts for storage tanks, lightweight rubber conveyor belts, etc.
66GF Score

Get the complete analysis for BJSE:920665

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥8.50
Price
¥12.43
GF Value