Kwong Man Kee Group (HKSE:08023) Receivables Turnover: 1.05 (As of Mar. 2026)

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HKSE:08023 Kwong Man Kee Group Ltd HKSE:08023
61 GF Score
Price HK$0.34
GF Value HK$0.35
Valuation Fairly Valued
! 8 Warning Signs
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What is Kwong Man Kee Group Receivables Turnover?

Kwong Man Kee Group HKSE:08023 +3.03% 61 Receivables Turnover is 1.05 as of Mar. 2026. GuruFocus rates HKSE:08023 with a GF Score™ of 61/100 and a GF Value™ of HK$0.35 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,768 Construction companies, Kwong Man Kee Group ranks worse than 82.47% 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. Kwong Man Kee Group's Revenue for the six months ended in Mar. 2026 was HK$84.3 Mil. Kwong Man Kee Group's average Accounts Receivable for the six months ended in Mar. 2026 was HK$80.6 Mil. Hence, Kwong Man Kee Group's Receivables Turnover for the six months ended in Mar. 2026 was 1.05.


Kwong Man Kee Group  (HKSE:08023) 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.


Kwong Man Kee Group Receivables Turnover Related Terms


Kwong Man Kee Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Kwong Man Kee Group'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.

Kwong Man Kee Group Receivables Turnover Chart

Kwong Man Kee Group 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 2.52 3.18 2.40 2.55 2.18

Kwong Man Kee Group 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 1.32 1.13 1.27 1.10 1.05

HKSE:08023 vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Kwong Man Kee 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.


Kwong Man Kee Group Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Kwong Man Kee Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kwong Man Kee Group's Receivables Turnover falls into.


HKSE:08023
61GF Score
Kwong Man Kee Group Ltd HKSE:08023
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kwong Man Kee Group Receivables Turnover Calculation

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

Kwong Man Kee Group'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 )
=166.276 / ((70.288 + 82.086) / 2 )
=166.276 / 76.187
=2.18

Kwong Man Kee Group'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 )
=84.316 / ((79.063 + 82.086) / 2 )
=84.316 / 80.5745
=1.05

* 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 1.05 mean?
Kwong Man Kee Group (HKSE:08023) has a Receivables Turnover of 1.05 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 Kwong Man Kee Group and its competitors. According to the industry distribution chart, Kwong Man Kee Group ranks #1458 out of 1768 companies in the Construction industry, placing it in the top 82.5%.
Is Kwong Man Kee Group's Receivables Turnover too high?
Kwong Man Kee Group's current Receivables Turnover is 1.05. The Construction industry median Receivables Turnover is 4.80. Kwong Man Kee Group's value of 1.05 is 78.1% below this industry median. Based on the distribution chart, Kwong Man Kee Group ranks #1458 out of 1768 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Kwong Man Kee Group has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kwong Man Kee Group's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Kwong Man Kee Group ranks #1458 out of 1768 companies for Receivables Turnover. This places Kwong Man Kee Group in the lower half of its industry. The industry median Receivables Turnover is 4.80. Kwong Man Kee Group's value of 1.05 is 78.1% 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 4.80, based on 1,768 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. Kwong Man Kee Group's current Receivables Turnover of 1.05 is 78.1% 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 Kwong Man Kee Group and its competitors. For the Construction industry, the median Receivables Turnover is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kwong Man Kee Group's current Receivables Turnover is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kwong Man Kee Group stock overvalued right now?
Based on GuruFocus' analysis, Kwong Man Kee Group (HKSE:08023) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.35, compared to a current price of HK$0.34 — trading 2.9% below its estimated fair value. The current Receivables Turnover is 1.05 and 78.1% below the Construction industry median of 4.80. Kwong Man Kee Group's overall GF Score™ is 61/100 with 8 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 Kwong Man Kee Group (HKSE:08023), the current Receivables Turnover is 1.05 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 Kwong Man Kee Group (HKSE:08023) Overvalued in 2026?

Based on GuruFocus' analysis, Kwong Man Kee Group stock appears to be undervalued. The current stock price of HK$0.34 is trading 2.9% below its estimated GF Value™ of HK$0.35. GuruFocus considers Kwong Man Kee Group to be Fairly Valued.

Key valuation signals for HKSE:08023:

  • Receivables Turnover: 1.05
  • GF Value™: HK$0.35 vs. price of HK$0.34 (2.9% below fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 78.1% below the Construction median (#1458 of 1768)

No single metric tells the full story. See the HKSE:08023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kwong Man Kee Group Business Description

Address 91-93 Bedford Road, 21st Floor, The Bedford, Kowloon, Hong Kong, HKG
Kwong Man Kee Group Ltd provides engineering services to the car park flooring industry. Its services include flooring services, including the application of proprietary floor coating products for providing a colorful, slip-resistance, and a hard-wearing surface that is resistant against water and petrochemicals; and ancillary services which include specialised texture painting and waterproofing works; and sales of flooring and waterproofing materials. The company's reportable segment are Flooring, which generates maximum revenue, Ancillary services, and Sales of materials.
61GF Score

Get the complete analysis for HKSE:08023

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

HK$0.34
Price
HK$0.35
GF Value