Fujian Expressway Development Co (SHSE:600033) Receivables Turnover: 1.73 (As of Mar. 2026)

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SHSE:600033 Fujian Expressway Development Co Ltd SHSE:600033
65 GF Score
Price ¥3.52
GF Value ¥3.65
Valuation Fairly Valued
! 1 Warning Sign
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What is Fujian Expressway Development Co Receivables Turnover?

Fujian Expressway Development Co SHSE:600033 -0.85% 65 Receivables Turnover is 1.73 as of Mar. 2026. GuruFocus rates SHSE:600033 with a GF Score™ of 65/100 and a GF Value™ of ¥3.65 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,760 Construction companies, Fujian Expressway Development Co ranks better than 52.78% 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. Fujian Expressway Development Co's Revenue for the three months ended in Mar. 2026 was ¥735 Mil. Fujian Expressway Development Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥426 Mil. Hence, Fujian Expressway Development Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.73.


Fujian Expressway Development Co  (SHSE:600033) 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.


Fujian Expressway Development Co Receivables Turnover Related Terms


Fujian Expressway Development Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Fujian Expressway Development 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.

Fujian Expressway Development Co Receivables Turnover Chart

Fujian Expressway Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.01 4.64 4.50 3.87 4.76

Fujian Expressway Development Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.86 0.87 1.26 1.61 1.73

Fujian Expressway Development Co Receivables Turnover Competitor Comparison

For the Infrastructure Operations subindustry, Fujian Expressway Development 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.


Fujian Expressway Development Co Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Fujian Expressway Development Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Fujian Expressway Development Co's Receivables Turnover falls into.


SHSE:600033
65GF Score
Fujian Expressway Development Co Ltd SHSE:600033
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Expressway Development Co Receivables Turnover Calculation

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

Fujian Expressway Development 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 )
=3049.016 / ((831.432 + 449.535) / 2 )
=3049.016 / 640.4835
=4.76

Fujian Expressway Development Co'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=734.941 / ((449.535 + 402.312) / 2 )
=734.941 / 425.9235
=1.73

* 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 1.73 mean?
Fujian Expressway Development Co (SHSE:600033) has a Receivables Turnover of 1.73 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 Fujian Expressway Development Co and its competitors. According to the industry distribution chart, Fujian Expressway Development Co ranks #831 out of 1760 companies in the Construction industry, placing it in the top 47.2%.
Is Fujian Expressway Development Co's Receivables Turnover too high?
Fujian Expressway Development Co's current Receivables Turnover is 1.73. The Construction industry median Receivables Turnover is 4.78. Fujian Expressway Development Co's value of 1.73 is 63.8% below this industry median. Based on the distribution chart, Fujian Expressway Development Co ranks #831 out of 1760 companies in the Construction industry, which is above the industry midpoint. Overall, Fujian Expressway Development Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fujian Expressway Development Co's Receivables Turnover compare to competitors?
According to the Construction industry distribution chart, Fujian Expressway Development Co ranks #831 out of 1760 companies for Receivables Turnover. This puts Fujian Expressway Development Co in the upper half of its industry. The industry median Receivables Turnover is 4.78. Fujian Expressway Development Co's value of 1.73 is 63.8% 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 4.78, based on 1,760 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. Fujian Expressway Development Co's current Receivables Turnover of 1.73 is 63.8% 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 Fujian Expressway Development Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Expressway Development Co's current Receivables Turnover is 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Expressway Development Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Expressway Development Co (SHSE:600033) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.65, compared to a current price of ¥3.52 — trading 3.6% below its estimated fair value. The current Receivables Turnover is 1.73 and 63.8% below the Construction industry median of 4.78. Fujian Expressway Development Co's overall GF Score™ is 65/100 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 Fujian Expressway Development Co (SHSE:600033), the current Receivables Turnover is 1.73 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 Fujian Expressway Development Co (SHSE:600033) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Expressway Development Co stock appears to be undervalued. The current stock price of ¥3.52 is trading 3.6% below its estimated GF Value™ of ¥3.65. GuruFocus considers Fujian Expressway Development Co to be Fairly Valued.

Key valuation signals for SHSE:600033:

  • Receivables Turnover: 1.73
  • GF Value™: ¥3.65 vs. price of ¥3.52 (3.6% below fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 63.8% below the Construction median (#831 of 1760)

No single metric tells the full story. See the SHSE:600033 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Expressway Development Co Business Description

Address 18 Dongshui Road, 26th Floor, Fujian Transportation Complex, Fuzhou, CHN, 350001
Fujian Expressway Development Co Ltd is a China-based company involved in the investment, construction, operation of Highways. It is also involved in equipment leasing, consulting services; industrial production materials, department stores, building materials, and hardware businesses.
65GF Score

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

¥3.52
Price
¥3.65
GF Value