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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. China New Higher Education Group's Revenue for the
six
months ended in Feb. 2026 was HK$1,641 Mil. China New Higher Education Group's average Accounts Receivable for the
six
months ended in Feb. 2026 was HK$4 Mil.
Hence, China New Higher Education Group's Receivables Turnover for the
six
months ended in Feb. 2026 was 424.72.
China New Higher Education Group (HKSE:02001) 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.
China New Higher Education Group Receivables Turnover Related Terms
China New Higher Education Group Receivables Turnover Historical Data
* 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.
China New Higher Education Group Receivables Turnover Chart
HKSE:02001 vs EDU, TAL, LAUR: Receivables Turnover Comparison
For the Education & Training Services subindustry, China New Higher Education Group'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.
China New Higher Education Group Receivables Turnover vs Education Industry
For the Education industry and Consumer Defensive sector, China New Higher Education Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where China New Higher Education Group'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.
China New Higher Education Group (HKSE:02001) has a Receivables Turnover of 424.72 as of Feb. 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 China New Higher Education Group and its competitors. According to the industry distribution chart, China New Higher Education Group ranks #3 out of 248 companies in the Education industry, placing it in the top 1.2%.
Is China New Higher Education Group's Receivables Turnover too high?
China New Higher Education Group's current Receivables Turnover is 424.72. The Education industry median Receivables Turnover is 10.58. China New Higher Education Group's value of 424.72 is 3914.4% above this industry median. Based on the distribution chart, China New Higher Education Group ranks #3 out of 248 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, China New Higher Education Group has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China New Higher Education Group's Receivables Turnover compare to EDU and TAL?
According to the Education industry distribution chart, China New Higher Education Group ranks #3 out of 248 companies for Receivables Turnover. This places China New Higher Education Group in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 10.58. China New Higher Education Group's value of 424.72 is 3914.4% 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 an Education company?
The median Receivables Turnover among Education companies is 10.58, based on 248 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. China New Higher Education Group's current Receivables Turnover of 424.72 is 3914.4% 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 China New Higher Education Group and its competitors. For the Education industry, the median Receivables Turnover is 10.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China New Higher Education Group's current Receivables Turnover is 424.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China New Higher Education Group stock overvalued right now?
Based on GuruFocus' analysis, China New Higher Education Group (HKSE:02001) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.70, compared to a current price of HK$0.55 — trading 67.6% below its estimated fair value. The current Receivables Turnover is 424.72 and 3914.4% above the Education industry median of 10.58. China New Higher Education Group's overall GF Score™ is 81/100 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 China New Higher Education Group (HKSE:02001), the current Receivables Turnover is 424.72 as of Feb. 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 China New Higher Education Group (HKSE:02001) Overvalued in 2026?
Based on GuruFocus' analysis, China New Higher Education Group stock appears to be undervalued.
The current stock price of HK$0.55 is trading 67.6% below its estimated GF Value™ of HK$1.70.
GuruFocus considers China New Higher Education Group to be Possible Value Trap.
Key valuation signals for HKSE:02001:
Receivables Turnover: 424.72
GF Value™: HK$1.70 vs. price of HK$0.55 (67.6% below fair value)
Industry Position: 3914.4% above the Education median (#3 of 248)
No single metric tells the full story. See the HKSE:02001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China New Higher Education Group Ltd is engaged in the operations of Yunnan School, Guizhou School, Central China School, Northeast School, Luoyang School, Guangxi Schools, Gansu School and Zhengzhou School. The Group provides education services in the PRC and operates within one geographical location, as all revenues were generated in the PRC.
81GF Score
Get the complete analysis for HKSE:02001
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