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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. Ningbo Joyson Electronic's Revenue for the
three
months ended in Mar. 2026 was €1,734 Mil. Ningbo Joyson Electronic's average Accounts Receivable for the
three
months ended in Mar. 2026 was €1,047 Mil.
Hence, Ningbo Joyson Electronic's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.66.
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.
Ningbo Joyson Electronic Receivables Turnover Related Terms
Ningbo Joyson Electronic Receivables Turnover Historical Data
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The historical data trend for Ningbo Joyson Electronic'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:VM2 vs ORLY, AZO: Receivables Turnover Comparison
For the Auto Parts subindustry, Ningbo Joyson Electronic'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.
Ningbo Joyson Electronic Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Joyson Electronic's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ningbo Joyson Electronic'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.
Ningbo Joyson Electronic (FRA:VM2) has a Receivables Turnover of 1.66 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 Ningbo Joyson Electronic and its competitors. According to the industry distribution chart, Ningbo Joyson Electronic ranks #518 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 39.4%.
Is Ningbo Joyson Electronic's Receivables Turnover too high?
Ningbo Joyson Electronic's current Receivables Turnover is 1.66. The Vehicles & Parts industry median Receivables Turnover is 5.99. Ningbo Joyson Electronic's value of 1.66 is 72.3% below this industry median. Based on the distribution chart, Ningbo Joyson Electronic ranks #518 out of 1315 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Ningbo Joyson Electronic has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Joyson Electronic's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ningbo Joyson Electronic ranks #518 out of 1315 companies for Receivables Turnover. This puts Ningbo Joyson Electronic in the upper half of its industry. The industry median Receivables Turnover is 5.99. Ningbo Joyson Electronic's value of 1.66 is 72.3% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,315 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. Ningbo Joyson Electronic's current Receivables Turnover of 1.66 is 72.3% 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 Ningbo Joyson Electronic and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Joyson Electronic's current Receivables Turnover is 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Joyson Electronic stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Joyson Electronic (FRA:VM2) is currently considered Fairly Valued. The stock's GF Value™ is €1.29, compared to a current price of €1.41 — trading 9.3% above its estimated fair value. The current Receivables Turnover is 1.66 and 72.3% below the Vehicles & Parts industry median of 5.99. Ningbo Joyson Electronic's overall GF Score™ is 62/100 with 4 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 Ningbo Joyson Electronic (FRA:VM2), the current Receivables Turnover is 1.66 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 Ningbo Joyson Electronic (FRA:VM2) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Joyson Electronic stock appears to be overvalued.
The current stock price of €1.41 is trading 9.3% above its estimated GF Value™ of €1.29.
GuruFocus considers Ningbo Joyson Electronic to be Fairly Valued.
Key valuation signals for FRA:VM2:
Receivables Turnover: 1.66
GF Value™: €1.29 vs. price of €1.41 (9.3% above fair value)
Industry Position: 72.3% below the Vehicles & Parts median (#518 of 1315)
No single metric tells the full story. See the FRA:VM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Joyson Electronic Corp is a key supplier of automotive electronics and automotive safety. It is mainly engaged in the research and development and manufacturing of smart cockpits, smart networking, smart driving, new energy management and automotive safety. It currently has two business divisions, automotive safety and automotive electronics. The automotive electronics segment principally includes intelligent vehicle solutions, covering areas such as cockpit domain controllers, intelligent automotive connectivity, and intelligent driving, as well as human-machine interface products and new energy control systems. The automotive safety segment principally encompasses products such as seat belts, airbags, intelligent steering wheels, and integrated safety solutions.
62GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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