Hangzhou Iron & Steel Co (SHSE:600126) Receivables Turnover: 16.00 (As of Mar. 2026)

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SHSE:600126 Hangzhou Iron & Steel Co Ltd SHSE:600126
71 GF Score
Price ¥6.78
GF Value ¥5.77
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Hangzhou Iron & Steel Co Receivables Turnover?

Hangzhou Iron & Steel Co SHSE:600126 -2.73% 71 Receivables Turnover is 16.00 as of Mar. 2026. GuruFocus rates SHSE:600126 with a GF Score™ of 71/100 and a GF Value™ of ¥5.77 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 607 Steel companies, Hangzhou Iron & Steel Co ranks better than 93.57% 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. Hangzhou Iron & Steel Co's Revenue for the three months ended in Mar. 2026 was ¥7,693 Mil. Hangzhou Iron & Steel Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥481 Mil. Hence, Hangzhou Iron & Steel Co's Receivables Turnover for the three months ended in Mar. 2026 was 16.00.


Hangzhou Iron & Steel Co  (SHSE:600126) 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.


Hangzhou Iron & Steel Co Receivables Turnover Related Terms


Hangzhou Iron & Steel Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hangzhou Iron & Steel 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.

Hangzhou Iron & Steel Co Receivables Turnover Chart

Hangzhou Iron & Steel 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 153.45 61.55 58.47 48.48 49.58

Hangzhou Iron & Steel 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 8.82 8.88 15.05 15.77 16.00

SHSE:600126 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Hangzhou Iron & Steel 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.


Hangzhou Iron & Steel Co Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Hangzhou Iron & Steel Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hangzhou Iron & Steel Co's Receivables Turnover falls into.


SHSE:600126
71GF Score
Hangzhou Iron & Steel Co Ltd SHSE:600126
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hangzhou Iron & Steel Co Receivables Turnover Calculation

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

Hangzhou Iron & Steel 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 )
=52327.003 / ((1596.891 + 513.915) / 2 )
=52327.003 / 1055.403
=49.58

Hangzhou Iron & Steel 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 )
=7692.849 / ((513.915 + 447.767) / 2 )
=7692.849 / 480.841
=16.00

* 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 16.00 mean?
Hangzhou Iron & Steel Co (SHSE:600126) has a Receivables Turnover of 16.00 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 Hangzhou Iron & Steel Co and its competitors. According to the industry distribution chart, Hangzhou Iron & Steel Co ranks #39 out of 607 companies in the Steel industry, placing it in the top 6.4%.
Is Hangzhou Iron & Steel Co's Receivables Turnover too high?
Hangzhou Iron & Steel Co's current Receivables Turnover is 16.00. The Steel industry median Receivables Turnover is 7.23. Hangzhou Iron & Steel Co's value of 16.00 is 121.3% above this industry median. Based on the distribution chart, Hangzhou Iron & Steel Co ranks #39 out of 607 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Hangzhou Iron & Steel Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Iron & Steel Co's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Hangzhou Iron & Steel Co ranks #39 out of 607 companies for Receivables Turnover. This places Hangzhou Iron & Steel Co in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.23. Hangzhou Iron & Steel Co's value of 16.00 is 121.3% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.23, based on 607 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. Hangzhou Iron & Steel Co's current Receivables Turnover of 16.00 is 121.3% 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 Hangzhou Iron & Steel Co and its competitors. For the Steel industry, the median Receivables Turnover is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Iron & Steel Co's current Receivables Turnover is 16.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Iron & Steel Co (SHSE:600126) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.77, compared to a current price of ¥6.78 — trading 17.5% above its estimated fair value. The current Receivables Turnover is 16.00 and 121.3% above the Steel industry median of 7.23. Hangzhou Iron & Steel Co's overall GF Score™ is 71/100 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 Hangzhou Iron & Steel Co (SHSE:600126), the current Receivables Turnover is 16.00 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 Hangzhou Iron & Steel Co (SHSE:600126) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Iron & Steel Co stock appears to be overvalued. The current stock price of ¥6.78 is trading 17.5% above its estimated GF Value™ of ¥5.77. GuruFocus considers Hangzhou Iron & Steel Co to be Modestly Overvalued.

Key valuation signals for SHSE:600126:

  • Receivables Turnover: 16.00
  • GF Value™: ¥5.77 vs. price of ¥6.78 (17.5% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 121.3% above the Steel median (#39 of 607)

No single metric tells the full story. See the SHSE:600126 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou Iron & Steel Co Business Description

Address No. 178, Banshan Road, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310022
Hangzhou Iron & Steel Co Ltd is a China-based company primarily engaged in the manufacture and sale of steel products. Through its subsidiaries, the company produces hot-rolled coils and its products are carbon structural steels, low-alloy structural steels, cold-rolled or deep-drawn low-carbon steels, pipeline steels, automotive structural steels, container steels, shipbuilding steels, bridge steels, diamond plates, and other steels. The company is also engaged in providing environmental protection services, including sewage treatment services.
71GF Score

Get the complete analysis for SHSE:600126

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

¥6.78
Price
¥5.77
GF Value