Hong Kong and China Gas Co (FRA:HCG) Receivables Turnover: 5.06 (As of Dec. 2025)

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FRA:HCG Hong Kong and China Gas Co Ltd FRA:HCG
83 GF Score
Price €0.73
GF Value €0.66
Valuation Fairly Valued
! 7 Warning Signs
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What is Hong Kong and China Gas Co Receivables Turnover?

Hong Kong and China Gas Co FRA:HCG +0.08% 83 Receivables Turnover is 5.06 as of Dec. 2025. GuruFocus rates FRA:HCG with a GF Score™ of 83/100 and a GF Value™ of €0.66 (Fairly Valued). The stock has 7 warning signs investors should review. Among 496 Utilities - Regulated companies, Hong Kong and China Gas Co ranks better than 74.4% 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. Hong Kong and China Gas Co's Revenue for the six months ended in Dec. 2025 was €2,943 Mil. Hong Kong and China Gas Co's average Accounts Receivable for the six months ended in Dec. 2025 was €582 Mil. Hence, Hong Kong and China Gas Co's Receivables Turnover for the six months ended in Dec. 2025 was 5.06.


Hong Kong and China Gas Co  (FRA:HCG) 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.


Hong Kong and China Gas Co Receivables Turnover Related Terms


Hong Kong and China Gas Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hong Kong and China Gas 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.

Hong Kong and China Gas Co Receivables Turnover Chart

Hong Kong and China Gas 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 13.75 14.55 12.42 11.66 9.76

Hong Kong and China Gas Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 6.68 6.45 6.22 5.05 5.06

FRA:HCG vs ATO, NI: Receivables Turnover Comparison

For the Utilities - Regulated Gas subindustry, Hong Kong and China Gas 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.


Hong Kong and China Gas Co Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hong Kong and China Gas Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hong Kong and China Gas Co's Receivables Turnover falls into.


FRA:HCG
83GF Score
Hong Kong and China Gas Co Ltd FRA:HCG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hong Kong and China Gas Co Receivables Turnover Calculation

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

Hong Kong and China Gas 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 )
=5962.711 / ((630.295 + 591.065) / 2 )
=5962.711 / 610.68
=9.76

Hong Kong and China Gas Co's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=2942.825 / ((572.576 + 591.065) / 2 )
=2942.825 / 581.8205
=5.06

* 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 5.06 mean?
Hong Kong and China Gas Co (FRA:HCG) has a Receivables Turnover of 5.06 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 Hong Kong and China Gas Co and its competitors. According to the industry distribution chart, Hong Kong and China Gas Co ranks #127 out of 496 companies in the Utilities - Regulated industry, placing it in the top 25.6%.
Is Hong Kong and China Gas Co's Receivables Turnover too high?
Hong Kong and China Gas Co's current Receivables Turnover is 5.06. The Utilities - Regulated industry median Receivables Turnover is 6.76. Hong Kong and China Gas Co's value of 5.06 is 25.1% below this industry median. Based on the distribution chart, Hong Kong and China Gas Co ranks #127 out of 496 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Hong Kong and China Gas Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong and China Gas Co's Receivables Turnover compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hong Kong and China Gas Co ranks #127 out of 496 companies for Receivables Turnover. This puts Hong Kong and China Gas Co in the upper half of its industry. The industry median Receivables Turnover is 6.76. Hong Kong and China Gas Co's value of 5.06 is 25.1% 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 an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.76, based on 496 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. Hong Kong and China Gas Co's current Receivables Turnover of 5.06 is 25.1% 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 Hong Kong and China Gas Co and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong and China Gas Co's current Receivables Turnover is 5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong and China Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong and China Gas Co (FRA:HCG) is currently considered Fairly Valued. The stock's GF Value™ is €0.66, compared to a current price of €0.73 — trading 10.2% above its estimated fair value. The current Receivables Turnover is 5.06 and 25.1% below the Utilities - Regulated industry median of 6.76. Hong Kong and China Gas Co's overall GF Score™ is 83/100 with 7 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 Hong Kong and China Gas Co (FRA:HCG), the current Receivables Turnover is 5.06 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 Hong Kong and China Gas Co (FRA:HCG) Overvalued in 2026?

Based on GuruFocus' analysis, Hong Kong and China Gas Co stock appears to be overvalued. The current stock price of €0.73 is trading 10.2% above its estimated GF Value™ of €0.66. GuruFocus considers Hong Kong and China Gas Co to be Fairly Valued.

Key valuation signals for FRA:HCG:

  • Receivables Turnover: 5.06
  • GF Value™: €0.66 vs. price of €0.73 (10.2% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 25.1% below the Utilities - Regulated median (#127 of 496)

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


Hong Kong and China Gas Co Business Description

Address 363 Java Road, 23rd Floor, North Point, Hong Kong, HKG
Hong Kong and China Gas Co Ltd, is the oldest public utility company in Hong Kong. The company's core business comprises the production and distribution of town gas in Hong Kong, with a monopoly on distribution and retail. The company is also investing in water, upstream gas, and new energies. The Group's principal activities are the production, distribution, and marketing of gas and related products or services, water supply and waste treatment, renewable energy businesses, extended businesses, and fuels businesses (Green Fuels) in Hong Kong and the Chinese mainland. The company operates in three segments: Gas, water and waste treatment, renewable energy, extended businesses, and related businesses, Green Fuels, and Property.
83GF Score

Get the complete analysis for FRA:HCG

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

€0.73
Price
€0.66
GF Value