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The9FRA:FZK0 +0.49%49 Receivables Turnover is 18.68 as of Dec. 2025. GuruFocus rates FRA:FZK0 with a GF Score™ of 49/100 and a GF Value™ of €2.15 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 577 Capital Markets companies, The9 ranks better than 83.54% 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. The9's Revenue for the
six
months ended in Dec. 2025 was €5.56 Mil. The9's average Accounts Receivable for the
six
months ended in Dec. 2025 was €0.30 Mil.
Hence, The9's Receivables Turnover for the
six
months ended in Dec. 2025 was 18.68.
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.
The9 Receivables Turnover Related Terms
The9 Receivables Turnover Historical Data
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The historical data trend for The9'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.
FRA:FZK0 vs BTCS, PLUT, VIP: Receivables Turnover Comparison
For the Capital Markets subindustry, The9'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.
The9 Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, The9's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where The9'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.
The9 (FRA:FZK0) has a Receivables Turnover of 18.68 as of Dec. 2025. 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 The9 and its competitors. According to the industry distribution chart, The9 ranks #95 out of 577 companies in the Capital Markets industry, placing it in the top 16.5%.
Is The9's Receivables Turnover too high?
The9's current Receivables Turnover is 18.68. The Capital Markets industry median Receivables Turnover is 6.78. The9's value of 18.68 is 175.5% above this industry median. Based on the distribution chart, The9 ranks #95 out of 577 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, The9 has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The9's Receivables Turnover compare to BTCS and PLUT?
According to the Capital Markets industry distribution chart, The9 ranks #95 out of 577 companies for Receivables Turnover. This places The9 in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.78. The9's value of 18.68 is 175.5% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.78, based on 577 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. The9's current Receivables Turnover of 18.68 is 175.5% 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 The9 and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The9's current Receivables Turnover is 18.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The9 stock overvalued right now?
Based on GuruFocus' analysis, The9 (FRA:FZK0) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.15, compared to a current price of €4.10 — trading 90.7% above its estimated fair value. The current Receivables Turnover is 18.68 and 175.5% above the Capital Markets industry median of 6.78. The9's overall GF Score™ is 49/100 with 8 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 The9 (FRA:FZK0), the current Receivables Turnover is 18.68 as of Dec. 2025. 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 The9 (FRA:FZK0) Overvalued in 2026?
Based on GuruFocus' analysis, The9 stock appears to be overvalued.
The current stock price of €4.10 is trading 90.7% above its estimated GF Value™ of €2.15.
GuruFocus considers The9 to be Significantly Overvalued.
Key valuation signals for FRA:FZK0:
Receivables Turnover: 18.68
GF Value™: €2.15 vs. price of €4.10 (90.7% above fair value)
Industry Position: 175.5% above the Capital Markets median (#95 of 577)
No single metric tells the full story. See the FRA:FZK0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The9 Ltd operates a cryptocurrency mining business. It provides computing power, or hash rate, to a Bitcoin mining pool and is entitled to receive a fractional share of Bitcoin award from the Bitcoin mining pool in return. The company generates its revenues from customers in Greater China, Asia/Eastern Europe, and North America. Its segments are: Crypto mining business, and Online game services, out of which Crypto mining business derives maximum revenue.
49GF Score
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