PASW (Ping An Biomedical Co) Receivables Turnover: 0.69 (As of Sep. 2025)

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PASW Ping An Biomedical Co Ltd PASW
17 GF Score
Price $0.12
! 3 Warning Signs
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What is Ping An Biomedical Co Receivables Turnover?

Ping An Biomedical Co PASW -6.49% 17 Receivables Turnover is 0.69 as of Sep. 2025. GuruFocus rates PASW with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, Ping An Biomedical Co ranks worse than 96.9% 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. Ping An Biomedical Co's Revenue for the six months ended in Sep. 2025 was $2.23 Mil. Ping An Biomedical Co's average Accounts Receivable for the six months ended in Sep. 2025 was $3.26 Mil. Hence, Ping An Biomedical Co's Receivables Turnover for the six months ended in Sep. 2025 was 0.69.


Ping An Biomedical Co  (NAS:PASW) 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.


Ping An Biomedical Co Receivables Turnover Related Terms


Ping An Biomedical Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ping An Biomedical 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.

Ping An Biomedical Co Receivables Turnover Chart

Ping An Biomedical Co Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
2.03 2.08 1.55 2.04 1.18

Ping An Biomedical Co Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 1.20 0.86 0.85 0.51 0.69

PASW vs DXYN, CULP, UFI: Receivables Turnover Comparison

For the Textile Manufacturing subindustry, Ping An Biomedical 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.


Ping An Biomedical Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ping An Biomedical Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ping An Biomedical Co's Receivables Turnover falls into.


PASW
17GF Score
Ping An Biomedical Co Ltd PASW
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ping An Biomedical Co Receivables Turnover Calculation

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

Ping An Biomedical Co's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=4.794 / ((5.715 + 2.377) / 2 )
=4.794 / 4.046
=1.18

Ping An Biomedical Co's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Mar. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=2.234 / ((4.139 + 2.377) / 2 )
=2.234 / 3.258
=0.69

* 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 0.69 mean?
Ping An Biomedical Co (PASW) has a Receivables Turnover of 0.69 as of Sep. 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 Ping An Biomedical Co and its competitors. According to the industry distribution chart, Ping An Biomedical Co ranks #1000 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 96.9%.
Is Ping An Biomedical Co's Receivables Turnover too high?
Ping An Biomedical Co's current Receivables Turnover is 0.69. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.94. Ping An Biomedical Co's value of 0.69 is 90.1% below this industry median. Based on the distribution chart, Ping An Biomedical Co ranks #1000 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Ping An Biomedical Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ping An Biomedical Co's Receivables Turnover compare to DXYN and CULP?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ping An Biomedical Co ranks #1000 out of 1032 companies for Receivables Turnover. This places Ping An Biomedical Co in the lower half of its industry. The industry median Receivables Turnover is 6.94. Ping An Biomedical Co's value of 0.69 is 90.1% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.94, based on 1,032 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. Ping An Biomedical Co's current Receivables Turnover of 0.69 is 90.1% 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 Ping An Biomedical Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ping An Biomedical Co's current Receivables Turnover is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ping An Biomedical Co stock overvalued right now?
Ping An Biomedical Co (PASW) has a current Receivables Turnover of 0.69. The current Receivables Turnover is 0.69 and 90.1% below the Manufacturing - Apparel & Accessories industry median of 6.94. Ping An Biomedical Co's overall GF Score™ is 17/100 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 Ping An Biomedical Co (PASW), the current Receivables Turnover is 0.69 as of Sep. 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.

Ping An Biomedical Co Business Description

Address Tai Nan West Street, 1002-1008, 22nd Floor, China United Plaza, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Ping An Biomedical Co Ltd formerly Majestic Ideal Holdings Ltd is a Cayman Islands-based holding company, conducting operations through its PRC subsidiary, NewBrand. The group is a provider of SCM services in the apparel industry, offering solutions for a broad range of yarn products, textiles, and finished garments. Its service offerings encompass every key aspect of the supply chain of textile products, such as market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. The group has two reportable segments, yarns and finished garments. The majority of its revenue is generated from the sale of yarns, including pure cashmere and cashmere-mix yarn, merino wool, cotton, and fancy yarn.
17GF Score

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