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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. Henan Ancai Hi-tech Co's Revenue for the
three
months ended in Mar. 2026 was ¥578 Mil. Henan Ancai Hi-tech Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥741 Mil.
Hence, Henan Ancai Hi-tech Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.78.
Henan Ancai Hi-tech Co (SHSE:600207) 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.
Henan Ancai Hi-tech Co Receivables Turnover Related Terms
Henan Ancai Hi-tech Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Henan Ancai Hi-tech 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.
SHSE:600207 vs MMM, HON: Receivables Turnover Comparison
For the Conglomerates subindustry, Henan Ancai Hi-tech 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.
Henan Ancai Hi-tech Co Receivables Turnover vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Henan Ancai Hi-tech Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Henan Ancai Hi-tech 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.
Henan Ancai Hi-tech Co (SHSE:600207) has a Receivables Turnover of 0.78 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 Henan Ancai Hi-tech Co and its competitors. According to the industry distribution chart, Henan Ancai Hi-tech Co ranks #443 out of 532 companies in the Conglomerates industry, placing it in the top 83.3%.
Is Henan Ancai Hi-tech Co's Receivables Turnover too high?
Henan Ancai Hi-tech Co's current Receivables Turnover is 0.78. The Conglomerates industry median Receivables Turnover is 6.36. Henan Ancai Hi-tech Co's value of 0.78 is 87.7% below this industry median. Based on the distribution chart, Henan Ancai Hi-tech Co ranks #443 out of 532 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Henan Ancai Hi-tech 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 Henan Ancai Hi-tech Co's Receivables Turnover compare to MMM and HON?
According to the Conglomerates industry distribution chart, Henan Ancai Hi-tech Co ranks #443 out of 532 companies for Receivables Turnover. This places Henan Ancai Hi-tech Co in the lower half of its industry. The industry median Receivables Turnover is 6.36. Henan Ancai Hi-tech Co's value of 0.78 is 87.7% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.36, based on 532 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. Henan Ancai Hi-tech Co's current Receivables Turnover of 0.78 is 87.7% 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 Henan Ancai Hi-tech Co and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Ancai Hi-tech Co's current Receivables Turnover is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Ancai Hi-tech Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Ancai Hi-tech Co (SHSE:600207) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.32, compared to a current price of ¥4.57 — trading 97% above its estimated fair value. The current Receivables Turnover is 0.78 and 87.7% below the Conglomerates industry median of 6.36. Henan Ancai Hi-tech Co's overall GF Score™ is 48/100 with 8 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 Henan Ancai Hi-tech Co (SHSE:600207), the current Receivables Turnover is 0.78 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 Henan Ancai Hi-tech Co (SHSE:600207) Overvalued in 2026?
Based on GuruFocus' analysis, Henan Ancai Hi-tech Co stock appears to be overvalued.
The current stock price of ¥4.57 is trading 97% above its estimated GF Value™ of ¥2.32.
GuruFocus considers Henan Ancai Hi-tech Co to be Significantly Overvalued.
Key valuation signals for SHSE:600207:
Receivables Turnover: 0.78
GF Value™: ¥2.32 vs. price of ¥4.57 (97% above fair value)
Industry Position: 87.7% below the Conglomerates median (#443 of 532)
No single metric tells the full story. See the SHSE:600207 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Henan Ancai Hi-tech Co Ltd is engaged in operating China's manufacturing facility for colored glass. The main production and sales of solar photovoltaic ultra-white rolled glass, high-quality float glass, TCO glass and energy-saving glass. The company is also involved in the pipeline distribution of liquefied natural gas.
48GF Score
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