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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. NetEase Cloud Music's Revenue for the
six
months ended in Dec. 2025 was HK$4,344 Mil. NetEase Cloud Music's average Accounts Receivable for the
six
months ended in Dec. 2025 was HK$1,203 Mil.
Hence, NetEase Cloud Music's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.61.
NetEase Cloud Music (HKSE:09899) 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.
NetEase Cloud Music Receivables Turnover Related Terms
NetEase Cloud Music Receivables Turnover Historical Data
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The historical data trend for NetEase Cloud Music'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:09899 vs GOOGL, META, SPOT: Receivables Turnover Comparison
For the Internet Content & Information subindustry, NetEase Cloud Music'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.
NetEase Cloud Music Receivables Turnover vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NetEase Cloud Music's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where NetEase Cloud Music'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.
NetEase Cloud Music (HKSE:09899) has a Receivables Turnover of 3.61 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 NetEase Cloud Music and its competitors. According to the industry distribution chart, NetEase Cloud Music ranks #349 out of 536 companies in the Interactive Media industry, placing it in the top 65.1%.
Is NetEase Cloud Music's Receivables Turnover too high?
NetEase Cloud Music's current Receivables Turnover is 3.61. The Interactive Media industry median Receivables Turnover is 8.14. NetEase Cloud Music's value of 3.61 is 55.7% below this industry median. Based on the distribution chart, NetEase Cloud Music ranks #349 out of 536 companies in the Interactive Media industry, which is below the industry midpoint. Overall, NetEase Cloud Music has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NetEase Cloud Music's Receivables Turnover compare to GOOGL and META?
According to the Interactive Media industry distribution chart, NetEase Cloud Music ranks #349 out of 536 companies for Receivables Turnover. This places NetEase Cloud Music in the lower half of its industry. The industry median Receivables Turnover is 8.14. NetEase Cloud Music's value of 3.61 is 55.7% 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 an Interactive Media company?
The median Receivables Turnover among Interactive Media companies is 8.14, based on 536 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. NetEase Cloud Music's current Receivables Turnover of 3.61 is 55.7% 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 NetEase Cloud Music and its competitors. For the Interactive Media industry, the median Receivables Turnover is 8.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetEase Cloud Music's current Receivables Turnover is 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetEase Cloud Music stock overvalued right now?
Based on GuruFocus' analysis, NetEase Cloud Music (HKSE:09899) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$106.71, compared to a current price of HK$88.10 — trading 17.4% below its estimated fair value. The current Receivables Turnover is 3.61 and 55.7% below the Interactive Media industry median of 8.14. NetEase Cloud Music's overall GF Score™ is 79/100 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 NetEase Cloud Music (HKSE:09899), the current Receivables Turnover is 3.61 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.
Is NetEase Cloud Music (HKSE:09899) Overvalued in 2026?
Based on GuruFocus' analysis, NetEase Cloud Music stock appears to be undervalued.
The current stock price of HK$88.10 is trading 17.4% below its estimated GF Value™ of HK$106.71.
GuruFocus considers NetEase Cloud Music to be Modestly Undervalued.
Key valuation signals for HKSE:09899:
Receivables Turnover: 3.61
GF Value™: HK$106.71 vs. price of HK$88.10 (17.4% below fair value)
Industry Position: 55.7% below the Interactive Media median (#349 of 536)
No single metric tells the full story. See the HKSE:09899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 353 Benjing Avenue, Room 1201, Block A, Hangzhou International Expo Center, Qianjiang Century City, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
NetEase Cloud Music is China's second-largest music streaming platform, founded in 2013 as a subsidiary of NetEase. NetEase remains the controlling shareholder with a 59.4% stake. The company is headquartered in Hangzhou.The platform's business model revolves around a core music streaming service sold on a subscription basis, paired with a live streaming service where users purchase virtual items and gift them to performers.
79GF Score
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