Baige Online Digital Technology Co (HKSE:02672) Receivables Turnover: 12.88 (As of Dec. 2025)

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HKSE:02672 Baige Online Digital Technology Co Ltd HKSE:02672
10 GF Score
Price HK$34.26
! 1 Warning Sign
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What is Baige Online Digital Technology Co Receivables Turnover?

Baige Online Digital Technology Co HKSE:02672 +3.88% 10 Receivables Turnover is 12.88 as of Dec. 2025. GuruFocus rates HKSE:02672 with a GF Score™ of 10/100. The stock has 1 warning sign investors should review. Among 59 Insurance companies, Baige Online Digital Technology Co ranks better than 72.88% 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. Baige Online Digital Technology Co's Revenue for the six months ended in Dec. 2025 was HK$1,356 Mil. Baige Online Digital Technology Co's average Accounts Receivable for the six months ended in Dec. 2025 was HK$105 Mil. Hence, Baige Online Digital Technology Co's Receivables Turnover for the six months ended in Dec. 2025 was 12.88.


Baige Online Digital Technology Co  (HKSE:02672) 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.


Baige Online Digital Technology Co Receivables Turnover Related Terms


Baige Online Digital Technology Co Receivables Turnover Historical Data

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The historical data trend for Baige Online Digital Technology 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.

Baige Online Digital Technology Co Receivables Turnover Chart

Baige Online Digital Technology Co Annual Data
Trend Dec23 Dec24 Dec25
Receivables Turnover
7.04 9.40 12.88

Baige Online Digital Technology Co Semi-Annual Data
Dec23 Dec24 Dec25
Receivables Turnover 7.04 9.40 12.88

HKSE:02672 vs MRSH, AON, AJG: Receivables Turnover Comparison

For the Insurance Brokers subindustry, Baige Online Digital Technology 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.


Baige Online Digital Technology Co Receivables Turnover vs Insurance Industry

For the Insurance industry and Financial Services sector, Baige Online Digital Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Baige Online Digital Technology Co's Receivables Turnover falls into.


HKSE:02672
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Baige Online Digital Technology Co Ltd HKSE:02672
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Baige Online Digital Technology Co Receivables Turnover Calculation

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

Baige Online Digital Technology 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 )
=1355.634 / ((105.083 + 105.454) / 2 )
=1355.634 / 105.2685
=12.88

Baige Online Digital Technology 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 )
=1355.634 / ((105.083 + 105.454) / 2 )
=1355.634 / 105.2685
=12.88

* 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 12.88 mean?
Baige Online Digital Technology Co (HKSE:02672) has a Receivables Turnover of 12.88 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 Baige Online Digital Technology Co and its competitors. According to the industry distribution chart, Baige Online Digital Technology Co ranks #16 out of 59 companies in the Insurance industry, placing it in the top 27.1%.
Is Baige Online Digital Technology Co's Receivables Turnover too high?
Baige Online Digital Technology Co's current Receivables Turnover is 12.88. The Insurance industry median Receivables Turnover is 8.22. Baige Online Digital Technology Co's value of 12.88 is 56.7% above this industry median. Based on the distribution chart, Baige Online Digital Technology Co ranks #16 out of 59 companies in the Insurance industry, which is above the industry midpoint. Overall, Baige Online Digital Technology Co has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Baige Online Digital Technology Co's Receivables Turnover compare to MRSH and AON?
According to the Insurance industry distribution chart, Baige Online Digital Technology Co ranks #16 out of 59 companies for Receivables Turnover. This puts Baige Online Digital Technology Co in the upper half of its industry. The industry median Receivables Turnover is 8.22. Baige Online Digital Technology Co's value of 12.88 is 56.7% 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 Insurance company?
The median Receivables Turnover among Insurance companies is 8.22, based on 59 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. Baige Online Digital Technology Co's current Receivables Turnover of 12.88 is 56.7% 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 Baige Online Digital Technology Co and its competitors. For the Insurance industry, the median Receivables Turnover is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baige Online Digital Technology Co's current Receivables Turnover is 12.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baige Online Digital Technology Co stock overvalued right now?
Baige Online Digital Technology Co (HKSE:02672) has a current Receivables Turnover of 12.88. The current Receivables Turnover is 12.88 and 56.7% above the Insurance industry median of 8.22. Baige Online Digital Technology Co's overall GF Score™ is 10/100 with 1 warning sign 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 Baige Online Digital Technology Co (HKSE:02672), the current Receivables Turnover is 12.88 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.

Baige Online Digital Technology Co Business Description

Address No.491 Gaolin Middle Road, 24th Floor, Baige Tiandi Financial (Insurance) Technology Industrial Park, Room 2402, Huli District, Fujian Province, Xiamen, CHN
Baige Online Digital Technology Co Ltd is an InsurTech company, principally engaged in utilizing scenario-based insurance to provide technology empowered insurance transaction services, precision marketing, and digitalisation solutions and TPA services in the PRC. The company has three reportable operating segments as follows: i) Insurance transaction services, ii) Precision marketing and digitalisation solutions, and iii) TPA services. The majority of the company's revenue is derived from the Insurance transaction services segment, which includes distributing scenario-based insurance products to end insureds. Geographically, all of the company's revenue is generated from the PRC.
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