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Tian Cheng HoldingsHKSE:02110 Receivables Turnover is 4.81 as of May. 2026. The stock has 3 warning signs investors should review. Among 1,772 Construction companies, Tian Cheng Holdings ranks better than 88.26% 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. Tian Cheng Holdings's Revenue for the
six
months ended in May. 2026 was HK$49.5 Mil. Tian Cheng Holdings's average Accounts Receivable for the
six
months ended in May. 2026 was HK$10.3 Mil.
Hence, Tian Cheng Holdings's Receivables Turnover for the
six
months ended in May. 2026 was 4.81.
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.
Tian Cheng Holdings Receivables Turnover Related Terms
Tian Cheng Holdings Receivables Turnover Historical Data
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The historical data trend for Tian Cheng 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.
HKSE:02110 vs PWR, FIX, EME: Receivables Turnover Comparison
For the Engineering & Construction subindustry, Tian Cheng 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.
Tian Cheng Holdings Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, Tian Cheng Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tian Cheng Holdings'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.
Tian Cheng Holdings (HKSE:02110) has a Receivables Turnover of 4.81 as of May. 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 Tian Cheng Holdings and its competitors. According to the industry distribution chart, Tian Cheng Holdings ranks #208 out of 1772 companies in the Construction industry, placing it in the top 11.7%.
Is Tian Cheng Holdings' Receivables Turnover too high?
Tian Cheng Holdings' current Receivables Turnover is 4.81. The Construction industry median Receivables Turnover is 4.84. Tian Cheng Holdings' value of 4.81 is 0.5% below this industry median. Based on the distribution chart, Tian Cheng Holdings ranks #208 out of 1772 companies in the Construction industry, which is in the top quartile — a strong position relative to peers.
How does Tian Cheng Holdings' Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Tian Cheng Holdings ranks #208 out of 1772 companies for Receivables Turnover. This places Tian Cheng Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.84. Tian Cheng Holdings' value of 4.81 is 0.5% 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 4.84, 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. Tian Cheng Holdings's current Receivables Turnover of 4.81 is 0.5% 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 Tian Cheng 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. Tian Cheng Holdings's current Receivables Turnover is 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Cheng Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Cheng Holdings (HKSE:02110) is currently considered Possible Value Trap. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.06 — trading 88.6% below its estimated fair value. The current Receivables Turnover is 4.81 and 0.5% below the Construction industry median of 4.84. 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 Tian Cheng Holdings (HKSE:02110), the current Receivables Turnover is 4.81 as of May. 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.
Tian Cheng Holdings Ltd is a subcontractor specializing in marine construction and civil engineering projects, and engages in marine works including reclamation, sand adjustment, submarine pipeline, sedimentation, and sediment treatment. The company also provides vessel chartering and other civil engineering services such as foundation works, site formation, road, and drainage works. It operates through four segments: Marine Construction Works, Other Civil Engineering Works, Health and Wellness Services, and Vessel Chartering Services. The company generates the majority of its revenue from marine construction and operates mainly in Hong Kong and the PRC, with the majority of revenue coming from Hong Kong.
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