China Resources Double-Crane Pharmaceutical Co (SHSE:600062) Receivables Turnover: 1.26 (As of Mar. 2026)

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SHSE:600062 China Resources Double-Crane Pharmaceutical Co Ltd SHSE:600062
86 GF Score
Price ¥16.27
GF Value ¥18.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is China Resources Double-Crane Pharmaceutical Co Receivables Turnover?

China Resources Double-Crane Pharmaceutical Co SHSE:600062 +0.25% 86 Receivables Turnover is 1.26 as of Mar. 2026. GuruFocus rates SHSE:600062 with a GF Score™ of 86/100 and a GF Value™ of ¥18.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 951 Drug Manufacturers companies, China Resources Double-Crane Pharmaceutical Co ranks worse than 55.1% 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. China Resources Double-Crane Pharmaceutical Co's Revenue for the three months ended in Mar. 2026 was ¥2,807 Mil. China Resources Double-Crane Pharmaceutical Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥2,224 Mil. Hence, China Resources Double-Crane Pharmaceutical Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.26.


China Resources Double-Crane Pharmaceutical Co  (SHSE:600062) 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.


China Resources Double-Crane Pharmaceutical Co Receivables Turnover Related Terms


China Resources Double-Crane Pharmaceutical Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for China Resources Double-Crane Pharmaceutical 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.

China Resources Double-Crane Pharmaceutical Co Receivables Turnover Chart

China Resources Double-Crane Pharmaceutical 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 7.53 7.47 7.36 6.42 5.79

China Resources Double-Crane Pharmaceutical 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 1.48 1.12 1.09 1.25 1.26

SHSE:600062 vs ZTS: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, China Resources Double-Crane Pharmaceutical 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.


China Resources Double-Crane Pharmaceutical Co Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, China Resources Double-Crane Pharmaceutical Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Resources Double-Crane Pharmaceutical Co's Receivables Turnover falls into.


SHSE:600062
86GF Score
China Resources Double-Crane Pharmaceutical Co Ltd SHSE:600062
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources Double-Crane Pharmaceutical Co Receivables Turnover Calculation

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

China Resources Double-Crane Pharmaceutical 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 )
=11000.795 / ((1764.694 + 2033.695) / 2 )
=11000.795 / 1899.1945
=5.79

China Resources Double-Crane Pharmaceutical 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 )
=2806.583 / ((2033.695 + 2415.097) / 2 )
=2806.583 / 2224.396
=1.26

* 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 1.26 mean?
China Resources Double-Crane Pharmaceutical Co (SHSE:600062) has a Receivables Turnover of 1.26 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 China Resources Double-Crane Pharmaceutical Co and its competitors. According to the industry distribution chart, China Resources Double-Crane Pharmaceutical Co ranks #524 out of 951 companies in the Drug Manufacturers industry, placing it in the top 55.1%.
Is China Resources Double-Crane Pharmaceutical Co's Receivables Turnover too high?
China Resources Double-Crane Pharmaceutical Co's current Receivables Turnover is 1.26. The Drug Manufacturers industry median Receivables Turnover is 5.06. China Resources Double-Crane Pharmaceutical Co's value of 1.26 is 75.1% below this industry median. Based on the distribution chart, China Resources Double-Crane Pharmaceutical Co ranks #524 out of 951 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, China Resources Double-Crane Pharmaceutical Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Resources Double-Crane Pharmaceutical Co's Receivables Turnover compare to ZTS?
According to the Drug Manufacturers industry distribution chart, China Resources Double-Crane Pharmaceutical Co ranks #524 out of 951 companies for Receivables Turnover. This places China Resources Double-Crane Pharmaceutical Co in the lower half of its industry. The industry median Receivables Turnover is 5.06. China Resources Double-Crane Pharmaceutical Co's value of 1.26 is 75.1% 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.06, based on 951 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. China Resources Double-Crane Pharmaceutical Co's current Receivables Turnover of 1.26 is 75.1% 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 China Resources Double-Crane Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Resources Double-Crane Pharmaceutical Co's current Receivables Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Double-Crane Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, China Resources Double-Crane Pharmaceutical Co (SHSE:600062) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥18.88, compared to a current price of ¥16.27 — trading 13.8% below its estimated fair value. The current Receivables Turnover is 1.26 and 75.1% below the Drug Manufacturers industry median of 5.06. China Resources Double-Crane Pharmaceutical Co's overall GF Score™ is 86/100 with 4 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 China Resources Double-Crane Pharmaceutical Co (SHSE:600062), the current Receivables Turnover is 1.26 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 China Resources Double-Crane Pharmaceutical Co (SHSE:600062) Overvalued in 2026?

Based on GuruFocus' analysis, China Resources Double-Crane Pharmaceutical Co stock appears to be undervalued. The current stock price of ¥16.27 is trading 13.8% below its estimated GF Value™ of ¥18.88. GuruFocus considers China Resources Double-Crane Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for SHSE:600062:

  • Receivables Turnover: 1.26
  • GF Value™: ¥18.88 vs. price of ¥16.27 (13.8% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 75.1% below the Drug Manufacturers median (#524 of 951)

No single metric tells the full story. See the SHSE:600062 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Resources Double-Crane Pharmaceutical Co Business Description

Address No. 1, East Second Road, Lijing, Wangjing, Chaoyang District, Beijing, CHN, 100102
China Resources Double-Crane Pharmaceutical Co Ltd is a China-based pharmaceutical company. It is engaged in developing, manufacturing and marketing a variety of medical products. The company's products cover different fields such as infusion field, cardiovascular and cerebrovascular fields, pediatrics, endocrine field and other areas.
86GF Score

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

¥16.27
Price
¥18.88
GF Value