Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. ZTO Express (Cayman)'s Revenue for the
three
months ended in Mar. 2026 was R$10,078 Mil. ZTO Express (Cayman)'s average Accounts Receivable for the
three
months ended in Mar. 2026 was R$1,442 Mil.
Hence, ZTO Express (Cayman)'s Receivables Turnover for the
three
months ended in Mar. 2026 was 6.99.
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.
ZTO Express (Cayman) Receivables Turnover Related Terms
ZTO Express (Cayman) Receivables Turnover Historical Data
* Premium members only.
The historical data trend for ZTO Express (Cayman)'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.
BSP:Z1TO34 vs EXPD, CHRW, FDXF: Receivables Turnover Comparison
For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'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.
ZTO Express (Cayman) Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s Receivables Turnover distribution charts can be found below:
* The bar in red indicates where ZTO Express (Cayman)'s Receivables Turnover falls into.
* 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.
ZTO Express (Cayman) (BSP:Z1TO34) has a Receivables Turnover of 6.99 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 ZTO Express (Cayman) and its competitors. According to the industry distribution chart, ZTO Express (Cayman) ranks #105 out of 998 companies in the Transportation industry, placing it in the top 10.5%.
Is ZTO Express (Cayman)'s Receivables Turnover too high?
ZTO Express (Cayman)'s current Receivables Turnover is 6.99. The Transportation industry median Receivables Turnover is 7.73. ZTO Express (Cayman)'s value of 6.99 is 9.5% below this industry median. Based on the distribution chart, ZTO Express (Cayman) ranks #105 out of 998 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, ZTO Express (Cayman) has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s Receivables Turnover compare to EXPD and CHRW?
According to the Transportation industry distribution chart, ZTO Express (Cayman) ranks #105 out of 998 companies for Receivables Turnover. This places ZTO Express (Cayman) in the top 11% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.73. ZTO Express (Cayman)'s value of 6.99 is 9.5% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.73, based on 998 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. ZTO Express (Cayman)'s current Receivables Turnover of 6.99 is 9.5% 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 ZTO Express (Cayman) and its competitors. For the Transportation industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZTO Express (Cayman)'s current Receivables Turnover is 6.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTO Express (Cayman) stock overvalued right now?
Based on GuruFocus' analysis, ZTO Express (Cayman) (BSP:Z1TO34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$37.20, compared to a current price of R$31.23 — trading 16% below its estimated fair value. The current Receivables Turnover is 6.99 and 9.5% below the Transportation industry median of 7.73. ZTO Express (Cayman)'s overall GF Score™ is 95/100 with 3 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 ZTO Express (Cayman) (BSP:Z1TO34), the current Receivables Turnover is 6.99 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 ZTO Express (Cayman) (BSP:Z1TO34) Overvalued in 2026?
Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued.
The current stock price of R$31.23 is trading 16% below its estimated GF Value™ of R$37.20.
GuruFocus considers ZTO Express (Cayman) to be Modestly Undervalued.
Key valuation signals for BSP:Z1TO34:
Receivables Turnover: 6.99
GF Value™: R$37.20 vs. price of R$31.23 (16% below fair value)
Industry Position: 9.5% below the Transportation median (#105 of 998)
No single metric tells the full story. See the BSP:Z1TO34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
95GF Score
Get the complete analysis for BSP:Z1TO34
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:Z1TO34 has been successfully added to your 
