Zhengwei Group Holdings Co (HKSE:02147) Receivables Turnover: 1.76 (As of Dec. 2025)

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HKSE:02147 Zhengwei Group Holdings Co Ltd HKSE:02147
28 GF Score
Price HK$0.63
! 3 Warning Signs
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What is Zhengwei Group Holdings Co Receivables Turnover?

Zhengwei Group Holdings Co HKSE:02147 -14.86% 28 Receivables Turnover is 1.76 as of Dec. 2025. GuruFocus rates HKSE:02147 with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 1,949 Consumer Packaged Goods companies, Zhengwei Group Holdings Co ranks worse than 97.18% 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. Zhengwei Group Holdings Co's Revenue for the six months ended in Dec. 2025 was HK$456.6 Mil. Zhengwei Group Holdings Co's average Accounts Receivable for the six months ended in Dec. 2025 was HK$258.8 Mil. Hence, Zhengwei Group Holdings Co's Receivables Turnover for the six months ended in Dec. 2025 was 1.76.


Zhengwei Group Holdings Co  (HKSE:02147) 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.


Zhengwei Group Holdings Co Receivables Turnover Related Terms


Zhengwei Group Holdings Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zhengwei Group Holdings 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.

Zhengwei Group Holdings Co Receivables Turnover Chart

Zhengwei Group Holdings Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
4.00 4.63 6.01 5.36 5.65

Zhengwei Group Holdings Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Dec25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3.00 3.28 3.90 1.91 1.76

HKSE:02147 vs KHC, GIS: Receivables Turnover Comparison

For the Packaged Foods subindustry, Zhengwei Group Holdings 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.


Zhengwei Group Holdings Co Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhengwei Group Holdings Co's Receivables Turnover distribution charts can be found below:

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


HKSE:02147
28GF Score
Zhengwei Group Holdings Co Ltd HKSE:02147
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhengwei Group Holdings Co Receivables Turnover Calculation

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

Zhengwei Group Holdings Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=486.966 / ((71.488 + 100.956) / 2 )
=486.966 / 86.222
=5.65

Zhengwei Group Holdings 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: Dec. 2024 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=456.639 / ((101.221 + 416.421) / 2 )
=456.639 / 258.821
=1.76

* 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 1.76 mean?
Zhengwei Group Holdings Co (HKSE:02147) has a Receivables Turnover of 1.76 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 Zhengwei Group Holdings Co and its competitors. According to the industry distribution chart, Zhengwei Group Holdings Co ranks #1894 out of 1949 companies in the Consumer Packaged Goods industry, placing it in the top 97.2%.
Is Zhengwei Group Holdings Co's Receivables Turnover too high?
Zhengwei Group Holdings Co's current Receivables Turnover is 1.76. The Consumer Packaged Goods industry median Receivables Turnover is 9.43. Zhengwei Group Holdings Co's value of 1.76 is 81.3% below this industry median. Based on the distribution chart, Zhengwei Group Holdings Co ranks #1894 out of 1949 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Zhengwei Group Holdings Co has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Zhengwei Group Holdings Co's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Zhengwei Group Holdings Co ranks #1894 out of 1949 companies for Receivables Turnover. This places Zhengwei Group Holdings Co in the lower half of its industry. The industry median Receivables Turnover is 9.43. Zhengwei Group Holdings Co's value of 1.76 is 81.3% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.43, based on 1,949 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. Zhengwei Group Holdings Co's current Receivables Turnover of 1.76 is 81.3% 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 Zhengwei Group Holdings Co and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhengwei Group Holdings Co's current Receivables Turnover is 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhengwei Group Holdings Co stock overvalued right now?
Zhengwei Group Holdings Co (HKSE:02147) has a current Receivables Turnover of 1.76. The current Receivables Turnover is 1.76 and 81.3% below the Consumer Packaged Goods industry median of 9.43. Zhengwei Group Holdings Co's overall GF Score™ is 28/100 with 3 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 Zhengwei Group Holdings Co (HKSE:02147), the current Receivables Turnover is 1.76 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.

Zhengwei Group Holdings Co Business Description

Address 487 Yuhu Road, Xiaolan Economic Development and Technology Zone, Nanchang, CHN
Zhengwei Group Holdings Co Ltd produces dry food and snacks, and secondarily trades related products. It produces and sells a variety of snacks (including ready-to-eat vegetarian snacks and meat snacks), such as crispy bamboo shoots and roast necks; and packaged dry goods such as mushrooms, dried aquatic products, seaweed, grains, and seasonings in China. The majority of revenue is derived from the Snacks segment. It has two operating segments Manufacturing & trading, out of which the majority is from the manufacturing segment. Geographically, the majority is from the PRC.
28GF Score

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