CHGI (China Carbon Graphite Group) Receivables Turnover: 41.00 (As of Sep. 2021)

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CHGI China Carbon Graphite Group Inc CHGI
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What is China Carbon Graphite Group Receivables Turnover?

China Carbon Graphite Group CHGI 12 Receivables Turnover is 41.00 as of Sep. 2021. GuruFocus rates CHGI with a GF Score™ of 12/100.

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. China Carbon Graphite Group's Revenue for the three months ended in Sep. 2021 was $0.12 Mil. China Carbon Graphite Group's average Accounts Receivable for the three months ended in Sep. 2021 was $0.00 Mil. Hence, China Carbon Graphite Group's Receivables Turnover for the three months ended in Sep. 2021 was 41.00.


China Carbon Graphite Group  (OTCPK:CHGI) 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.


China Carbon Graphite Group Receivables Turnover Related Terms


China Carbon Graphite Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for China Carbon Graphite Group'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.

China Carbon Graphite Group Receivables Turnover Chart

China Carbon Graphite Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.32 36.78 295.60 72.00 107.25

China Carbon Graphite Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 30.33 0.00 3.00 31.50 41.00

CHGI vs PLUG: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, China Carbon Graphite Group'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.


China Carbon Graphite Group Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Carbon Graphite Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Carbon Graphite Group's Receivables Turnover falls into.


CHGI
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China Carbon Graphite Group Inc CHGI
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China Carbon Graphite Group Receivables Turnover Calculation

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

China Carbon Graphite Group's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=0.429 / ((0.004 + 0) / 1 )
=0.429 / 0.004
=107.25

China Carbon Graphite Group's Receivables Turnover for the quarter that ended in Sep. 2021 is calculated as

Receivables Turnover (Q: Sep. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2021 ) / ((Accounts Receivable (Q: Jun. 2021 ) + Accounts Receivable (Q: Sep. 2021 )) / count )
=0.123 / ((0.002 + 0.004) / 2 )
=0.123 / 0.003
=41.00

* 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 41.00 mean?
China Carbon Graphite Group (CHGI) has a Receivables Turnover of 41.00 as of Sep. 2021. 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 China Carbon Graphite Group and its competitors.
Is China Carbon Graphite Group's Receivables Turnover too high?
China Carbon Graphite Group's current Receivables Turnover is 41.00. The Industrial Products industry median Receivables Turnover is 4.45. China Carbon Graphite Group's value of 41.00 is 821.3% above this industry median. Overall, China Carbon Graphite Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does China Carbon Graphite Group's Receivables Turnover compare to PLUG?
China Carbon Graphite Group's Receivables Turnover of 41.00 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. China Carbon Graphite Group's value of 41.00 is 821.3% above 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 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. China Carbon Graphite Group's current Receivables Turnover of 41.00 is 821.3% above 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 China Carbon Graphite Group and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Carbon Graphite Group's current Receivables Turnover is 41.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Carbon Graphite Group stock overvalued right now?
China Carbon Graphite Group (CHGI) has a current Receivables Turnover of 41.00. The current Receivables Turnover is 41.00 and 821.3% above the Industrial Products industry median of 4.45. China Carbon Graphite Group's overall GF Score™ is 12/100. 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 China Carbon Graphite Group (CHGI), the current Receivables Turnover is 41.00 as of Sep. 2021. 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.

China Carbon Graphite Group Business Description

Address 20955 Pathfinder Road, Suite 200, Diamond Bar, CA, USA, 91765
China Carbon Graphite Group Inc is engaged in the research and development, production, and sales of graphene and graphene oxide and graphite bipolar plates in the People's Republic of China. Its product includes carbon fiber products, electrodes, bipolar plates, precision machined graphite parts/components, and graphene-related products. The company derives its revenues from the production, either internally or through outsource to third parties, and distribution of graphite-based products.
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