Chenqi Technology (HKSE:09680) Receivables Turnover: 34.42 (As of Jun. 2026)

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HKSE:09680 Chenqi Technology Ltd HKSE:09680
11 GF Score
Price HK$7.88
! 2 Warning Signs
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What is Chenqi Technology Receivables Turnover?

Chenqi Technology HKSE:09680 11 Receivables Turnover is 34.42 as of Jun. 2026. GuruFocus rates HKSE:09680 with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 1,060 Business Services companies, Chenqi Technology ranks better than 98.11% 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. Chenqi Technology's Revenue for the six months ended in Jun. 2026 was HK$4,600 Mil. Chenqi Technology's average Accounts Receivable for the six months ended in Jun. 2026 was HK$134 Mil. Hence, Chenqi Technology's Receivables Turnover for the six months ended in Jun. 2026 was 34.42.


Chenqi Technology  (HKSE:09680) 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.


Chenqi Technology Receivables Turnover Related Terms


Chenqi Technology Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Chenqi Technology'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.

Chenqi Technology Receivables Turnover Chart

Chenqi Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 138.86 136.91 125.42 101.75 98.10

Chenqi Technology Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 44.97 53.05 68.37 72.72 34.42

HKSE:09680 vs URI, SUNB, AER: Receivables Turnover Comparison

For the Rental & Leasing Services subindustry, Chenqi Technology'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.


Chenqi Technology Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Chenqi Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chenqi Technology's Receivables Turnover falls into.


HKSE:09680
11GF Score
Chenqi Technology Ltd HKSE:09680
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Chenqi Technology Receivables Turnover Calculation

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

Chenqi Technology'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 )
=5733.2547136425 / ((30.43327275405 + 86.448681339124) / 2 )
=5733.2547136425 / 58.440977046587
=98.10

Chenqi Technology's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=4600.0507746658 / ((86.448681339124 + 180.84307716568) / 2 )
=4600.0507746658 / 133.6458792524
=34.42

* 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 34.42 mean?
Chenqi Technology (HKSE:09680) has a Receivables Turnover of 34.42 as of Jun. 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 Chenqi Technology and its competitors. According to the industry distribution chart, Chenqi Technology ranks #20 out of 1060 companies in the Business Services industry, placing it in the top 1.9%.
Is Chenqi Technology's Receivables Turnover too high?
Chenqi Technology's current Receivables Turnover is 34.42. The Business Services industry median Receivables Turnover is 6.45. Chenqi Technology's value of 34.42 is 434.1% above this industry median. Based on the distribution chart, Chenqi Technology ranks #20 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Chenqi Technology has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Chenqi Technology's Receivables Turnover compare to URI and SUNB?
According to the Business Services industry distribution chart, Chenqi Technology ranks #20 out of 1060 companies for Receivables Turnover. This places Chenqi Technology in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.45. Chenqi Technology's value of 34.42 is 434.1% 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 a Business Services company?
The median Receivables Turnover among Business Services companies is 6.45, based on 1,060 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. Chenqi Technology's current Receivables Turnover of 34.42 is 434.1% 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 Chenqi Technology and its competitors. For the Business Services industry, the median Receivables Turnover is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chenqi Technology's current Receivables Turnover is 34.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenqi Technology stock overvalued right now?
Chenqi Technology (HKSE:09680) has a current Receivables Turnover of 34.42. The current Receivables Turnover is 34.42 and 434.1% above the Business Services industry median of 6.45. Chenqi Technology's overall GF Score™ is 11/100 with 2 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 Chenqi Technology (HKSE:09680), the current Receivables Turnover is 34.42 as of Jun. 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.

Chenqi Technology Business Description

Address Kaitai Avenue, No. 30-4, Huangpu District, Guangdong Province, Guangzhou, CHN
Chenqi Technology Ltd a mobility service company in China offering ride-hailing services. It serves & connects various participants of the mobility industry, including the riders, drivers, automobile OEMs, vehicle service providers, & autonomous driving solution providers. The company operates three reportable segments: Mobility services business, Technology services business, and Fleet sale & maintenance business. Key revenue is generated from the Mobility services, which include the provision of ride-hailing services, Robotaxi services, hitch services, & other related services. The Technology Services include the provision of technology services. The Fleet sale & maintenance business includes the Sale of vehicles, provision of repair and maintenance services & other related services.
11GF Score

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