Sichuan Mingxing Electric Power Co (SHSE:600101) Receivables Turnover: 13.45 (As of Mar. 2026)

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SHSE:600101 Sichuan Mingxing Electric Power Co Ltd SHSE:600101
77 GF Score
Price ¥8.28
GF Value ¥9.87
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Sichuan Mingxing Electric Power Co Receivables Turnover?

Sichuan Mingxing Electric Power Co SHSE:600101 +0.61% 77 Receivables Turnover is 13.45 as of Mar. 2026. GuruFocus rates SHSE:600101 with a GF Score™ of 77/100 and a GF Value™ of ¥9.87 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 494 Utilities - Regulated companies, Sichuan Mingxing Electric Power Co ranks better than 98.58% 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. Sichuan Mingxing Electric Power Co's Revenue for the three months ended in Mar. 2026 was ¥832 Mil. Sichuan Mingxing Electric Power Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥62 Mil. Hence, Sichuan Mingxing Electric Power Co's Receivables Turnover for the three months ended in Mar. 2026 was 13.45.


Sichuan Mingxing Electric Power Co  (SHSE:600101) 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.


Sichuan Mingxing Electric Power Co Receivables Turnover Related Terms


Sichuan Mingxing Electric Power Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sichuan Mingxing Electric Power 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.

Sichuan Mingxing Electric Power Co Receivables Turnover Chart

Sichuan Mingxing Electric Power 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 102.35 73.56 66.83 64.97 61.00

Sichuan Mingxing Electric Power 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 12.52 11.01 14.01 13.09 13.45

SHSE:600101 vs SRE, AES: Receivables Turnover Comparison

For the Utilities - Diversified subindustry, Sichuan Mingxing Electric Power 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.


Sichuan Mingxing Electric Power Co Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Mingxing Electric Power Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sichuan Mingxing Electric Power Co's Receivables Turnover falls into.


SHSE:600101
77GF Score
Sichuan Mingxing Electric Power Co Ltd SHSE:600101
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sichuan Mingxing Electric Power Co Receivables Turnover Calculation

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

Sichuan Mingxing Electric Power 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 )
=3021.2 / ((48.601 + 50.452) / 2 )
=3021.2 / 49.5265
=61.00

Sichuan Mingxing Electric Power 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 )
=832.169 / ((50.452 + 73.27) / 2 )
=832.169 / 61.861
=13.45

* 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 13.45 mean?
Sichuan Mingxing Electric Power Co (SHSE:600101) has a Receivables Turnover of 13.45 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 Sichuan Mingxing Electric Power Co and its competitors. According to the industry distribution chart, Sichuan Mingxing Electric Power Co ranks #7 out of 494 companies in the Utilities - Regulated industry, placing it in the top 1.4%.
Is Sichuan Mingxing Electric Power Co's Receivables Turnover too high?
Sichuan Mingxing Electric Power Co's current Receivables Turnover is 13.45. The Utilities - Regulated industry median Receivables Turnover is 6.94. Sichuan Mingxing Electric Power Co's value of 13.45 is 93.8% above this industry median. Based on the distribution chart, Sichuan Mingxing Electric Power Co ranks #7 out of 494 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Sichuan Mingxing Electric Power Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sichuan Mingxing Electric Power Co's Receivables Turnover compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Sichuan Mingxing Electric Power Co ranks #7 out of 494 companies for Receivables Turnover. This places Sichuan Mingxing Electric Power Co in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.94. Sichuan Mingxing Electric Power Co's value of 13.45 is 93.8% above 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 Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.94, based on 494 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. Sichuan Mingxing Electric Power Co's current Receivables Turnover of 13.45 is 93.8% above 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 Sichuan Mingxing Electric Power Co and its competitors. For the Utilities - Regulated 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. Sichuan Mingxing Electric Power Co's current Receivables Turnover is 13.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sichuan Mingxing Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co (SHSE:600101) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥9.87, compared to a current price of ¥8.28 — trading 16.1% below its estimated fair value. The current Receivables Turnover is 13.45 and 93.8% above the Utilities - Regulated industry median of 6.94. Sichuan Mingxing Electric Power Co's overall GF Score™ is 77/100 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 Sichuan Mingxing Electric Power Co (SHSE:600101), the current Receivables Turnover is 13.45 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 Sichuan Mingxing Electric Power Co (SHSE:600101) Overvalued in 2026?

Based on GuruFocus' analysis, Sichuan Mingxing Electric Power Co stock appears to be undervalued. The current stock price of ¥8.28 is trading 16.1% below its estimated GF Value™ of ¥9.87. GuruFocus considers Sichuan Mingxing Electric Power Co to be Modestly Undervalued.

Key valuation signals for SHSE:600101:

  • Receivables Turnover: 13.45
  • GF Value™: ¥9.87 vs. price of ¥8.28 (16.1% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 93.8% above the Utilities - Regulated median (#7 of 494)

No single metric tells the full story. See the SHSE:600101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sichuan Mingxing Electric Power Co Business Description

Address No. 88 Mingyue Road, Mingxing Hotel, 11F, Suining, Sichuan, CHN, 629000
Sichuan Mingxing Electric Power Co Ltd is mainly engaged in the production of electricity, water, and natural gas in China. It is also involved in the development of mineral resources, real estate, and hotel services.
77GF Score

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

¥8.28
Price
¥9.87
GF Value