Chongqing Iron & Steel Co (FRA:CGP) Receivables Turnover: 340.96 (As of Mar. 2026)

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FRA:CGP Chongqing Iron & Steel Co Ltd FRA:CGP
28 GF Score
Price €0.10
GF Value €0.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Chongqing Iron & Steel Co Receivables Turnover?

Chongqing Iron & Steel Co FRA:CGP -2.06% 28 Receivables Turnover is 340.96 as of Mar. 2026. GuruFocus rates FRA:CGP with a GF Score™ of 28/100 and a GF Value™ of €0.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 605 Steel companies, Chongqing Iron & Steel Co ranks better than 99.67% 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. Chongqing Iron & Steel Co's Revenue for the three months ended in Mar. 2026 was €614 Mil. Chongqing Iron & Steel Co's average Accounts Receivable for the three months ended in Mar. 2026 was €2 Mil. Hence, Chongqing Iron & Steel Co's Receivables Turnover for the three months ended in Mar. 2026 was 340.96.


Chongqing Iron & Steel Co  (FRA:CGP) 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.


Chongqing Iron & Steel Co Receivables Turnover Related Terms


Chongqing Iron & Steel Co Receivables Turnover Historical Data

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The historical data trend for Chongqing Iron & Steel 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.

Chongqing Iron & Steel Co Receivables Turnover Chart

Chongqing Iron & Steel Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 931.21 777.23 1,099.40 1,169.37 1,660.62

Chongqing Iron & Steel Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 369.59 260.84 275.49 405.03 340.96

FRA:CGP vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Chongqing Iron & Steel 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.


Chongqing Iron & Steel Co Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Chongqing Iron & Steel Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chongqing Iron & Steel Co's Receivables Turnover falls into.


FRA:CGP
28GF Score
Chongqing Iron & Steel Co Ltd FRA:CGP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Iron & Steel Co Receivables Turnover Calculation

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

Chongqing Iron & Steel 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 )
=2910.242 / ((2.178 + 1.327) / 2 )
=2910.242 / 1.7525
=1,660.62

Chongqing Iron & Steel Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=613.721 / ((1.327 + 2.273) / 2 )
=613.721 / 1.8
=340.96

* 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 340.96 mean?
Chongqing Iron & Steel Co (FRA:CGP) has a Receivables Turnover of 340.96 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 Chongqing Iron & Steel Co and its competitors. According to the industry distribution chart, Chongqing Iron & Steel Co ranks #2 out of 605 companies in the Steel industry, placing it in the top 0.3%.
Is Chongqing Iron & Steel Co's Receivables Turnover too high?
Chongqing Iron & Steel Co's current Receivables Turnover is 340.96. The Steel industry median Receivables Turnover is 7.16. Chongqing Iron & Steel Co's value of 340.96 is 4662% above this industry median. Based on the distribution chart, Chongqing Iron & Steel Co ranks #2 out of 605 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Chongqing Iron & Steel Co has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Iron & Steel Co's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Chongqing Iron & Steel Co ranks #2 out of 605 companies for Receivables Turnover. This places Chongqing Iron & Steel Co in the top 0% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.16. Chongqing Iron & Steel Co's value of 340.96 is 4662% 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 a Steel company?
The median Receivables Turnover among Steel companies is 7.16, based on 605 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. Chongqing Iron & Steel Co's current Receivables Turnover of 340.96 is 4662% 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 Chongqing Iron & Steel Co and its competitors. For the Steel industry, the median Receivables Turnover is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Iron & Steel Co's current Receivables Turnover is 340.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Iron & Steel Co (FRA:CGP) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.07, compared to a current price of €0.10 — trading 35.7% above its estimated fair value. The current Receivables Turnover is 340.96 and 4662% above the Steel industry median of 7.16. Chongqing Iron & Steel Co's overall GF Score™ is 28/100 with 5 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 Chongqing Iron & Steel Co (FRA:CGP), the current Receivables Turnover is 340.96 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 Chongqing Iron & Steel Co (FRA:CGP) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Iron & Steel Co stock appears to be overvalued. The current stock price of €0.10 is trading 35.7% above its estimated GF Value™ of €0.07. GuruFocus considers Chongqing Iron & Steel Co to be Significantly Overvalued.

Key valuation signals for FRA:CGP:

  • Receivables Turnover: 340.96
  • GF Value™: €0.07 vs. price of €0.10 (35.7% above fair value)
  • GF Score™: 28/100 with 5 warning signs
  • Industry Position: 4662% above the Steel median (#2 of 605)

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


Chongqing Iron & Steel Co Business Description

Address No. 2 Jiangnan Avenue, Jiangnan Street, Changshou District, Chongqing, CHN, 401258
Chongqing Iron & Steel Co Ltd operates in the ferrous metal smelting and rolling processing industry within the manufacturing sector, and is principally engaged in the production and sale of hot rolled sheets, medium plates, steel billets, steel by-products, coke, coal chemical products, water granulated slag, and other products. Its products are widely used in railways, airports, bridges, tunnels, ships, high-rise buildings, and other fields. Additionally, the company is engaged in the sale or supply of energy media and ore trading, both of which are closely related to the steel manufacturing business. Geographically, it derives revenue mainly from the Chinese mainland, through sales of steel products.
28GF Score

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

€0.10
Price
€0.07
GF Value