Chongqing Road & Bridge Co (SHSE:600106) Receivables Turnover: 54.91 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600106 Chongqing Road & Bridge Co Ltd SHSE:600106
67 GF Score
Price ¥4.29
GF Value ¥5.32
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Chongqing Road & Bridge Co Receivables Turnover?

Chongqing Road & Bridge Co SHSE:600106 -0.69% 67 Receivables Turnover is 54.91 as of Mar. 2026. GuruFocus rates SHSE:600106 with a GF Score™ of 67/100 and a GF Value™ of ¥5.32 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,767 Construction companies, Chongqing Road & Bridge Co ranks better than 99.83% 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. Chongqing Road & Bridge Co's Revenue for the three months ended in Mar. 2026 was ¥24.5 Mil. Chongqing Road & Bridge Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥0.4 Mil. Hence, Chongqing Road & Bridge Co's Receivables Turnover for the three months ended in Mar. 2026 was 54.91.


Chongqing Road & Bridge Co  (SHSE:600106) 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.


Chongqing Road & Bridge Co Receivables Turnover Related Terms


Chongqing Road & Bridge Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Chongqing Road & Bridge 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.

Chongqing Road & Bridge Co Receivables Turnover Chart

Chongqing Road & Bridge 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 8.94 6.58 0.00 0.00 515.50

Chongqing Road & Bridge 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 299.59 126.82 94.33 121.05 54.91

Chongqing Road & Bridge Co Receivables Turnover Competitor Comparison

For the Infrastructure Operations subindustry, Chongqing Road & Bridge 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.


Chongqing Road & Bridge Co Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Chongqing Road & Bridge Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chongqing Road & Bridge Co's Receivables Turnover falls into.


SHSE:600106
67GF Score
Chongqing Road & Bridge Co Ltd SHSE:600106
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chongqing Road & Bridge Co Receivables Turnover Calculation

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

Chongqing Road & Bridge 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 )
=112.894 / ((0 + 0.219) / 1 )
=112.894 / 0.219
=515.50

Chongqing Road & Bridge 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 )
=24.492 / ((0.219 + 0.673) / 2 )
=24.492 / 0.446
=54.91

* 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 54.91 mean?
Chongqing Road & Bridge Co (SHSE:600106) has a Receivables Turnover of 54.91 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 Chongqing Road & Bridge Co and its competitors. According to the industry distribution chart, Chongqing Road & Bridge Co ranks #3 out of 1767 companies in the Construction industry, placing it in the top 0.2%.
Is Chongqing Road & Bridge Co's Receivables Turnover too high?
Chongqing Road & Bridge Co's current Receivables Turnover is 54.91. The Construction industry median Receivables Turnover is 4.80. Chongqing Road & Bridge Co's value of 54.91 is 1044% above this industry median. Based on the distribution chart, Chongqing Road & Bridge Co ranks #3 out of 1767 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Chongqing Road & Bridge Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Road & Bridge Co's Receivables Turnover compare to competitors?
According to the Construction industry distribution chart, Chongqing Road & Bridge Co ranks #3 out of 1767 companies for Receivables Turnover. This places Chongqing Road & Bridge Co in the top 0% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.80. Chongqing Road & Bridge Co's value of 54.91 is 1044% 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 a Construction company?
The median Receivables Turnover among Construction companies is 4.80, based on 1,767 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. Chongqing Road & Bridge Co's current Receivables Turnover of 54.91 is 1044% 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 Chongqing Road & Bridge Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Road & Bridge Co's current Receivables Turnover is 54.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Road & Bridge Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Road & Bridge Co (SHSE:600106) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.32, compared to a current price of ¥4.29 — trading 19.4% below its estimated fair value. The current Receivables Turnover is 54.91 and 1044% above the Construction industry median of 4.80. Chongqing Road & Bridge Co's overall GF Score™ is 67/100 with 5 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 Chongqing Road & Bridge Co (SHSE:600106), the current Receivables Turnover is 54.91 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 Chongqing Road & Bridge Co (SHSE:600106) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Road & Bridge Co stock appears to be undervalued. The current stock price of ¥4.29 is trading 19.4% below its estimated GF Value™ of ¥5.32. GuruFocus considers Chongqing Road & Bridge Co to be Modestly Undervalued.

Key valuation signals for SHSE:600106:

  • Receivables Turnover: 54.91
  • GF Value™: ¥5.32 vs. price of ¥4.29 (19.4% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 1044% above the Construction median (#3 of 1767)

No single metric tells the full story. See the SHSE:600106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chongqing Road & Bridge Co Business Description

Address No. 11 Danlong Road, Economic and Technological Development Zone, Nanping District, Chongqing, CHN, 400060
Chongqing Road & Bridge Co Ltd is engaged in the Construction, maintenance, operation and management of the Chongqing Niujiaotuo Jialing River Bridge and the Yangtze River Shibanpo Bridge; development of residential communities; operation, maintenance and management of the Jialing River Shimen Bridge and the Nanshan Tourist Highway.
67GF Score

Get the complete analysis for SHSE:600106

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

¥4.29
Price
¥5.32
GF Value