Qilu Expressway Co (FRA:Z5E) Receivables Turnover: 2.39 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:Z5E Qilu Expressway Co Ltd FRA:Z5E
59 GF Score
Price €0.18
GF Value €0.09
! 11 Warning Signs
View Full Analysis

What is Qilu Expressway Co Receivables Turnover?

Qilu Expressway Co FRA:Z5E -0.55% 59 Receivables Turnover is 2.39 as of Dec. 2025. GuruFocus rates FRA:Z5E with a GF Score™ of 59/100 and a GF Value™ of €0.09. The stock has 11 warning signs investors should review. Among 1,767 Construction companies, Qilu Expressway Co ranks worse than 54.9% 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. Qilu Expressway Co's Revenue for the six months ended in Dec. 2025 was €158.5 Mil. Qilu Expressway Co's average Accounts Receivable for the six months ended in Dec. 2025 was €66.4 Mil. Hence, Qilu Expressway Co's Receivables Turnover for the six months ended in Dec. 2025 was 2.39.


Qilu Expressway Co  (FRA:Z5E) 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.


Qilu Expressway Co Receivables Turnover Related Terms


Qilu Expressway Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Qilu Expressway 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.

Qilu Expressway Co Receivables Turnover Chart

Qilu Expressway 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 19.24 10.60 12.43 14.17 4.17

Qilu Expressway Co Semi-Annual Data
Dec15 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 8.35 5.23 7.44 1.90 2.39

Qilu Expressway Co Receivables Turnover Competitor Comparison

For the Infrastructure Operations subindustry, Qilu Expressway 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.


Qilu Expressway Co Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Qilu Expressway Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Qilu Expressway Co's Receivables Turnover falls into.


FRA:Z5E
59GF Score
Qilu Expressway Co Ltd FRA:Z5E
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qilu Expressway Co Receivables Turnover Calculation

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

Qilu Expressway 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 )
=287.923 / ((70.496 + 67.625) / 2 )
=287.923 / 69.0605
=4.17

Qilu Expressway 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 )
=158.5 / ((65.216 + 67.625) / 2 )
=158.5 / 66.4205
=2.39

* 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 2.39 mean?
Qilu Expressway Co (FRA:Z5E) has a Receivables Turnover of 2.39 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 Qilu Expressway Co and its competitors. According to the industry distribution chart, Qilu Expressway Co ranks #970 out of 1767 companies in the Construction industry, placing it in the top 54.9%.
Is Qilu Expressway Co's Receivables Turnover too high?
Qilu Expressway Co's current Receivables Turnover is 2.39. The Construction industry median Receivables Turnover is 4.80. Qilu Expressway Co's value of 2.39 is 50.2% below this industry median. Based on the distribution chart, Qilu Expressway Co ranks #970 out of 1767 companies in the Construction industry, which is below the industry midpoint. Overall, Qilu Expressway Co has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Qilu Expressway Co's Receivables Turnover compare to competitors?
According to the Construction industry distribution chart, Qilu Expressway Co ranks #970 out of 1767 companies for Receivables Turnover. This places Qilu Expressway Co in the lower half of its industry. The industry median Receivables Turnover is 4.80. Qilu Expressway Co's value of 2.39 is 50.2% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.80, based on 1,767 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. Qilu Expressway Co's current Receivables Turnover of 2.39 is 50.2% 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 Qilu Expressway Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qilu Expressway Co's current Receivables Turnover is 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qilu Expressway Co stock overvalued right now?
Qilu Expressway Co (FRA:Z5E) has a current Receivables Turnover of 2.39. The stock's GF Value™ is €0.09, compared to a current price of €0.18 — trading 102.2% above its estimated fair value. The current Receivables Turnover is 2.39 and 50.2% below the Construction industry median of 4.80. Qilu Expressway Co's overall GF Score™ is 59/100 with 11 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 Qilu Expressway Co (FRA:Z5E), the current Receivables Turnover is 2.39 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 Qilu Expressway Co (FRA:Z5E) Overvalued in 2026?

Based on GuruFocus' analysis, Qilu Expressway Co stock appears to be overvalued. The current stock price of €0.18 is trading 102.2% above its estimated GF Value™ of €0.09.

Key valuation signals for FRA:Z5E:

  • Receivables Turnover: 2.39
  • GF Value™: €0.09 vs. price of €0.18 (102.2% above fair value)
  • GF Score™: 59/100 with 11 warning signs
  • Industry Position: 50.2% below the Construction median (#970 of 1767)

No single metric tells the full story. See the FRA:Z5E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qilu Expressway Co Business Description

Other Exchanges 01576:Hong Kong
Address No. 7000, Jingshi East Road, Zone 3, Hanyu Financial & Business Centre, Room 2301, Block 4, High-tech Zone, Shandong Province, Jinan, CHN
Qilu Expressway Co Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.
59GF Score

Get the complete analysis for FRA:Z5E

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

€0.18
Price
€0.09
GF Value