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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. Avicopter's Revenue for the
three
months ended in Mar. 2026 was ¥2,373 Mil. Avicopter's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥10,450 Mil.
Hence, Avicopter's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.23.
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.
Avicopter Receivables Turnover Related Terms
Avicopter Receivables Turnover Historical Data
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The historical data trend for Avicopter'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.
SHSE:600038 vs SPCX, GE, RTX: Receivables Turnover Comparison
For the Aerospace & Defense subindustry, Avicopter'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.
Avicopter Receivables Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Avicopter's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Avicopter'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.
Avicopter (SHSE:600038) has a Receivables Turnover of 0.23 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 Avicopter and its competitors. According to the industry distribution chart, Avicopter ranks #260 out of 348 companies in the Aerospace & Defense industry, placing it in the top 74.7%.
Is Avicopter's Receivables Turnover too high?
Avicopter's current Receivables Turnover is 0.23. The Aerospace & Defense industry median Receivables Turnover is 5.64. Avicopter's value of 0.23 is 95.9% below this industry median. Based on the distribution chart, Avicopter ranks #260 out of 348 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Avicopter has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Avicopter's Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Avicopter ranks #260 out of 348 companies for Receivables Turnover. This places Avicopter in the lower half of its industry. The industry median Receivables Turnover is 5.64. Avicopter's value of 0.23 is 95.9% 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 Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.64, based on 348 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. Avicopter's current Receivables Turnover of 0.23 is 95.9% 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 Avicopter and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avicopter's current Receivables Turnover is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avicopter stock overvalued right now?
Based on GuruFocus' analysis, Avicopter (SHSE:600038) is currently considered Possible Value Trap. The stock's GF Value™ is ¥43.65, compared to a current price of ¥26.84 — trading 38.5% below its estimated fair value. The current Receivables Turnover is 0.23 and 95.9% below the Aerospace & Defense industry median of 5.64. Avicopter's overall GF Score™ is 45/100 with 11 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 Avicopter (SHSE:600038), the current Receivables Turnover is 0.23 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 Avicopter (SHSE:600038) Overvalued in 2026?
Based on GuruFocus' analysis, Avicopter stock appears to be undervalued.
The current stock price of ¥26.84 is trading 38.5% below its estimated GF Value™ of ¥43.65.
GuruFocus considers Avicopter to be Possible Value Trap.
Key valuation signals for SHSE:600038:
Receivables Turnover: 0.23
GF Value™: ¥43.65 vs. price of ¥26.84 (38.5% below fair value)
Industry Position: 95.9% below the Aerospace & Defense median (#260 of 348)
No single metric tells the full story. See the SHSE:600038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avicopter PLC is a China-based company engaged in the production and distribution of aerospace products. The company's core offerings include helicopter models such as the AC311, AC312, and AC313, along with associated parts and components. The company also provides consulting and technical services related to aerospace technology and engages in import and export trading activities.
45GF Score
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