NBTM New Materials Group Co (SHSE:600114) Receivables Turnover: 0.99 (As of Mar. 2026)

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SHSE:600114 NBTM New Materials Group Co Ltd SHSE:600114
92 GF Score
Price ¥28.54
GF Value ¥23.71
Valuation Modestly Overvalued
! 1 Warning Sign
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What is NBTM New Materials Group Co Receivables Turnover?

NBTM New Materials Group Co SHSE:600114 -6.70% 92 Receivables Turnover is 0.99 as of Mar. 2026. GuruFocus rates SHSE:600114 with a GF Score™ of 92/100 and a GF Value™ of ¥23.71 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,317 Vehicles & Parts companies, NBTM New Materials Group Co ranks worse than 77.15% 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. NBTM New Materials Group Co's Revenue for the three months ended in Mar. 2026 was ¥1,537 Mil. NBTM New Materials Group Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥1,556 Mil. Hence, NBTM New Materials Group Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.99.


NBTM New Materials Group Co  (SHSE:600114) 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.


NBTM New Materials Group Co Receivables Turnover Related Terms


NBTM New Materials Group Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for NBTM New Materials Group 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.

NBTM New Materials Group Co Receivables Turnover Chart

NBTM New Materials Group 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 3.69 3.84 3.75 4.06 3.97

NBTM New Materials Group 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 1.01 1.00 1.00 1.06 0.99

SHSE:600114 vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, NBTM New Materials Group 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.


NBTM New Materials Group Co Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NBTM New Materials Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NBTM New Materials Group Co's Receivables Turnover falls into.


SHSE:600114
92GF Score
NBTM New Materials Group Co Ltd SHSE:600114
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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NBTM New Materials Group Co Receivables Turnover Calculation

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

NBTM New Materials Group 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 )
=6037.496 / ((1453.799 + 1589.315) / 2 )
=6037.496 / 1521.557
=3.97

NBTM New Materials Group 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 )
=1536.919 / ((1589.315 + 1523.357) / 2 )
=1536.919 / 1556.336
=0.99

* 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 0.99 mean?
NBTM New Materials Group Co (SHSE:600114) has a Receivables Turnover of 0.99 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 NBTM New Materials Group Co and its competitors. According to the industry distribution chart, NBTM New Materials Group Co ranks #1016 out of 1317 companies in the Vehicles & Parts industry, placing it in the top 77.1%.
Is NBTM New Materials Group Co's Receivables Turnover too high?
NBTM New Materials Group Co's current Receivables Turnover is 0.99. The Vehicles & Parts industry median Receivables Turnover is 6.00. NBTM New Materials Group Co's value of 0.99 is 83.5% below this industry median. Based on the distribution chart, NBTM New Materials Group Co ranks #1016 out of 1317 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, NBTM New Materials Group Co has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NBTM New Materials Group Co's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NBTM New Materials Group Co ranks #1016 out of 1317 companies for Receivables Turnover. This places NBTM New Materials Group Co in the lower half of its industry. The industry median Receivables Turnover is 6.00. NBTM New Materials Group Co's value of 0.99 is 83.5% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 6.00, based on 1,317 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. NBTM New Materials Group Co's current Receivables Turnover of 0.99 is 83.5% 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 NBTM New Materials Group Co and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NBTM New Materials Group Co's current Receivables Turnover is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NBTM New Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, NBTM New Materials Group Co (SHSE:600114) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥23.71, compared to a current price of ¥28.54 — trading 20.4% above its estimated fair value. The current Receivables Turnover is 0.99 and 83.5% below the Vehicles & Parts industry median of 6.00. NBTM New Materials Group Co's overall GF Score™ is 92/100 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 NBTM New Materials Group Co (SHSE:600114), the current Receivables Turnover is 0.99 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 NBTM New Materials Group Co (SHSE:600114) Overvalued in 2026?

Based on GuruFocus' analysis, NBTM New Materials Group Co stock appears to be overvalued. The current stock price of ¥28.54 is trading 20.4% above its estimated GF Value™ of ¥23.71. GuruFocus considers NBTM New Materials Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:600114:

  • Receivables Turnover: 0.99
  • GF Value™: ¥23.71 vs. price of ¥28.54 (20.4% above fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 83.5% below the Vehicles & Parts median (#1016 of 1317)

No single metric tells the full story. See the SHSE:600114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NBTM New Materials Group Co Business Description

Address No. 8 Jingjiang Road, Jiangshan Industrial Zone, Yinzhou, Ningbo, Zhejiang, CHN, 315191
NBTM New Materials Group Co Ltd is engaged in producing and selling powder metal structural parts and magnetic materials components in China. It provides car parts, such as car engine, auto transmission, auto chassis, and other products; new energy parts; air condition compressor and refrigerator compressor parts for home appliances; and motorcycle engines, clutches, driven gears, and other components.
92GF Score

Get the complete analysis for SHSE:600114

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

¥28.54
Price
¥23.71
GF Value