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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. Grinm Advanced Materials Co's Revenue for the
three
months ended in Jun. 2026 was ¥3,201 Mil. Grinm Advanced Materials Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥1,382 Mil.
Hence, Grinm Advanced Materials Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.32.
Grinm Advanced Materials Co (SHSE:600206) 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.
Grinm Advanced Materials Co Receivables Turnover Related Terms
Grinm Advanced Materials Co Receivables Turnover Historical Data
* 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.
Grinm Advanced Materials Co Receivables Turnover Chart
SHSE:600206 vs AMAT, LRCX, KLAC: Receivables Turnover Comparison
For the Semiconductor Equipment & Materials subindustry, Grinm Advanced Materials 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.
Grinm Advanced Materials Co Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Grinm Advanced Materials Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Grinm Advanced Materials Co's Receivables Turnover falls into.
* 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.
Grinm Advanced Materials Co (SHSE:600206) has a Receivables Turnover of 2.32 as of Jun. 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 Grinm Advanced Materials Co and its competitors. According to the industry distribution chart, Grinm Advanced Materials Co ranks #194 out of 1019 companies in the Semiconductors industry, placing it in the top 19%.
Is Grinm Advanced Materials Co's Receivables Turnover too high?
Grinm Advanced Materials Co's current Receivables Turnover is 2.32. The Semiconductors industry median Receivables Turnover is 5.82. Grinm Advanced Materials Co's value of 2.32 is 60.1% below this industry median. Based on the distribution chart, Grinm Advanced Materials Co ranks #194 out of 1019 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Grinm Advanced Materials Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grinm Advanced Materials Co's Receivables Turnover compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Grinm Advanced Materials Co ranks #194 out of 1019 companies for Receivables Turnover. This places Grinm Advanced Materials Co in the top 19% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.82. Grinm Advanced Materials Co's value of 2.32 is 60.1% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,019 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. Grinm Advanced Materials Co's current Receivables Turnover of 2.32 is 60.1% 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 Grinm Advanced Materials Co and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grinm Advanced Materials Co's current Receivables Turnover is 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grinm Advanced Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Grinm Advanced Materials Co (SHSE:600206) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.76, compared to a current price of ¥55.86 — trading 156.7% above its estimated fair value. The current Receivables Turnover is 2.32 and 60.1% below the Semiconductors industry median of 5.82. Grinm Advanced Materials Co's overall GF Score™ is 48/100 with 3 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 Grinm Advanced Materials Co (SHSE:600206), the current Receivables Turnover is 2.32 as of Jun. 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 Grinm Advanced Materials Co (SHSE:600206) Overvalued in 2026?
Based on GuruFocus' analysis, Grinm Advanced Materials Co stock appears to be overvalued.
The current stock price of ¥55.86 is trading 156.7% above its estimated GF Value™ of ¥21.76.
GuruFocus considers Grinm Advanced Materials Co to be Significantly Overvalued.
Key valuation signals for SHSE:600206:
Receivables Turnover: 2.32
GF Value™: ¥21.76 vs. price of ¥55.86 (156.7% above fair value)
Industry Position: 60.1% below the Semiconductors median (#194 of 1019)
No single metric tells the full story. See the SHSE:600206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grinm Advanced Materials Co Ltd is engaged in the research, development, manufacture, and distribution of semiconductor materials. The semiconductors offered by the company are widely used in integrated circuits, discrete devices, solar cell and other fields. Its products are exported to the United States, Japan, Spain, South Korea, Taiwan, Hong Kong and other places.
48GF Score
Get the complete analysis for SHSE:600206
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