Grand Ming Group Holdings (HKSE:01271) Receivables Turnover: 23.26 (As of Mar. 2026)

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HKSE:01271 Grand Ming Group Holdings Ltd HKSE:01271
44 GF Score
Price HK$0.29
GF Value HK$1.51
Valuation Possible Value Trap
! 7 Warning Signs
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What is Grand Ming Group Holdings Receivables Turnover?

Grand Ming Group Holdings HKSE:01271 44 Receivables Turnover is 23.26 as of Mar. 2026. GuruFocus rates HKSE:01271 with a GF Score™ of 44/100 and a GF Value™ of HK$1.51 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,772 Construction companies, Grand Ming Group Holdings ranks better than 97.01% 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. Grand Ming Group Holdings's Revenue for the six months ended in Mar. 2026 was HK$614.9 Mil. Grand Ming Group Holdings's average Accounts Receivable for the six months ended in Mar. 2026 was HK$26.4 Mil. Hence, Grand Ming Group Holdings's Receivables Turnover for the six months ended in Mar. 2026 was 23.26.


Grand Ming Group Holdings  (HKSE:01271) 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.


Grand Ming Group Holdings Receivables Turnover Related Terms


Grand Ming Group Holdings Receivables Turnover Historical Data

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The historical data trend for Grand Ming Group Holdings'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.

Grand Ming Group Holdings Receivables Turnover Chart

Grand Ming Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.32 133.56 14.73 34.30 33.98

Grand Ming Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 10.52 17.51 12.87 8.14 23.26

HKSE:01271 vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Grand Ming Group Holdings'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.


Grand Ming Group Holdings Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Grand Ming Group Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Grand Ming Group Holdings's Receivables Turnover falls into.


HKSE:01271
44GF Score
Grand Ming Group Holdings Ltd HKSE:01271
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Grand Ming Group Holdings Receivables Turnover Calculation

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

Grand Ming Group Holdings's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=868.375 / ((30.274 + 20.843) / 2 )
=868.375 / 25.5585
=33.98

Grand Ming Group Holdings'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=614.871 / ((32.025 + 20.843) / 2 )
=614.871 / 26.434
=23.26

* 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 23.26 mean?
Grand Ming Group Holdings (HKSE:01271) has a Receivables Turnover of 23.26 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 Grand Ming Group Holdings and its competitors. According to the industry distribution chart, Grand Ming Group Holdings ranks #53 out of 1772 companies in the Construction industry, placing it in the top 3%.
Is Grand Ming Group Holdings' Receivables Turnover too high?
Grand Ming Group Holdings' current Receivables Turnover is 23.26. The Construction industry median Receivables Turnover is 4.84. Grand Ming Group Holdings' value of 23.26 is 381.1% above this industry median. Based on the distribution chart, Grand Ming Group Holdings ranks #53 out of 1772 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Ming Group Holdings has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grand Ming Group Holdings' Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Grand Ming Group Holdings ranks #53 out of 1772 companies for Receivables Turnover. This places Grand Ming Group Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.84. Grand Ming Group Holdings' value of 23.26 is 381.1% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.84, based on 1,772 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. Grand Ming Group Holdings's current Receivables Turnover of 23.26 is 381.1% 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 Grand Ming Group Holdings and its competitors. For the Construction industry, the median Receivables Turnover is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Ming Group Holdings's current Receivables Turnover is 23.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Ming Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Grand Ming Group Holdings (HKSE:01271) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.51, compared to a current price of HK$0.29 — trading 80.8% below its estimated fair value. The current Receivables Turnover is 23.26 and 381.1% above the Construction industry median of 4.84. Grand Ming Group Holdings' overall GF Score™ is 44/100 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 Grand Ming Group Holdings (HKSE:01271), the current Receivables Turnover is 23.26 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 Grand Ming Group Holdings (HKSE:01271) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Ming Group Holdings stock appears to be undervalued. The current stock price of HK$0.29 is trading 80.8% below its estimated GF Value™ of HK$1.51. GuruFocus considers Grand Ming Group Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01271:

  • Receivables Turnover: 23.26
  • GF Value™: HK$1.51 vs. price of HK$0.29 (80.8% below fair value)
  • GF Score™: 44/100 with 7 warning signs
  • Industry Position: 381.1% above the Construction median (#53 of 1772)

No single metric tells the full story. See the HKSE:01271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grand Ming Group Holdings Business Description

Address No. 39 Chatham Road South, 22nd Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Grand Ming Group Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in building construction, property leasing, and property development. Its reportable segments are; Construction, which involves constructing residential buildings, commercial buildings, and data centres; Property leasing which engages in the leasing of data centres and commercial shops; and the Property development segment which is involved in the development and sale of properties. Maximum revenue is generated from the Construction segment. Geographically, all of the company's revenue is generated from its customers in Hong Kong.
44GF Score

Get the complete analysis for HKSE:01271

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

HK$0.29
Price
HK$1.51
GF Value