Hainan Airlines Holding Co (SHSE:600221) Receivables Turnover: 4.26 (As of Mar. 2026)

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SHSE:600221 Hainan Airlines Holding Co Ltd SHSE:600221
49 GF Score
Price ¥1.33
GF Value ¥1.83
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hainan Airlines Holding Co Receivables Turnover?

Hainan Airlines Holding Co SHSE:600221 -0.75% 49 Receivables Turnover is 4.26 as of Mar. 2026. GuruFocus rates SHSE:600221 with a GF Score™ of 49/100 and a GF Value™ of ¥1.83 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 998 Transportation companies, Hainan Airlines Holding Co ranks better than 79.56% 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. Hainan Airlines Holding Co's Revenue for the three months ended in Mar. 2026 was ¥18,473 Mil. Hainan Airlines Holding Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥4,334 Mil. Hence, Hainan Airlines Holding Co's Receivables Turnover for the three months ended in Mar. 2026 was 4.26.


Hainan Airlines Holding Co  (SHSE:600221) 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.


Hainan Airlines Holding Co Receivables Turnover Related Terms


Hainan Airlines Holding Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hainan Airlines Holding 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.

Hainan Airlines Holding Co Receivables Turnover Chart

Hainan Airlines Holding 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 14.85 13.94 31.26 21.12 17.64

Hainan Airlines Holding 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 4.93 4.11 5.05 3.63 4.26

SHSE:600221 vs DAL, UAL, LUV: Receivables Turnover Comparison

For the Airlines subindustry, Hainan Airlines Holding 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.


Hainan Airlines Holding Co Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Hainan Airlines Holding Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hainan Airlines Holding Co's Receivables Turnover falls into.


SHSE:600221
49GF Score
Hainan Airlines Holding Co Ltd SHSE:600221
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hainan Airlines Holding Co Receivables Turnover Calculation

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

Hainan Airlines Holding 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 )
=68470.915 / ((3571.864 + 4192.463) / 2 )
=68470.915 / 3882.1635
=17.64

Hainan Airlines Holding 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 )
=18473.382 / ((4192.463 + 4476.174) / 2 )
=18473.382 / 4334.3185
=4.26

* 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 4.26 mean?
Hainan Airlines Holding Co (SHSE:600221) has a Receivables Turnover of 4.26 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 Hainan Airlines Holding Co and its competitors. According to the industry distribution chart, Hainan Airlines Holding Co ranks #204 out of 998 companies in the Transportation industry, placing it in the top 20.4%.
Is Hainan Airlines Holding Co's Receivables Turnover too high?
Hainan Airlines Holding Co's current Receivables Turnover is 4.26. The Transportation industry median Receivables Turnover is 7.77. Hainan Airlines Holding Co's value of 4.26 is 45.1% below this industry median. Based on the distribution chart, Hainan Airlines Holding Co ranks #204 out of 998 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Hainan Airlines Holding Co has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Airlines Holding Co's Receivables Turnover compare to DAL and UAL?
According to the Transportation industry distribution chart, Hainan Airlines Holding Co ranks #204 out of 998 companies for Receivables Turnover. This places Hainan Airlines Holding Co in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.77. Hainan Airlines Holding Co's value of 4.26 is 45.1% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.77, based on 998 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. Hainan Airlines Holding Co's current Receivables Turnover of 4.26 is 45.1% 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 Hainan Airlines Holding Co and its competitors. For the Transportation industry, the median Receivables Turnover is 7.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Airlines Holding Co's current Receivables Turnover is 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Airlines Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Airlines Holding Co (SHSE:600221) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥1.83, compared to a current price of ¥1.33 — trading 27.3% below its estimated fair value. The current Receivables Turnover is 4.26 and 45.1% below the Transportation industry median of 7.77. Hainan Airlines Holding Co's overall GF Score™ is 49/100 with 6 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 Hainan Airlines Holding Co (SHSE:600221), the current Receivables Turnover is 4.26 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 Hainan Airlines Holding Co (SHSE:600221) Overvalued in 2026?

Based on GuruFocus' analysis, Hainan Airlines Holding Co stock appears to be undervalued. The current stock price of ¥1.33 is trading 27.3% below its estimated GF Value™ of ¥1.83. GuruFocus considers Hainan Airlines Holding Co to be Modestly Undervalued.

Key valuation signals for SHSE:600221:

  • Receivables Turnover: 4.26
  • GF Value™: ¥1.83 vs. price of ¥1.33 (27.3% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 45.1% below the Transportation median (#204 of 998)

No single metric tells the full story. See the SHSE:600221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hainan Airlines Holding Co Business Description

Other Exchanges 900945:China
Address No. 9 Meilan Airport Road, Building 21, Comprehensive Office Building, Hainan Airlines Haikou Meilan Base, Meilan District, Hainan Province, Haikou, CHN, 571126
Hainan Airlines Holding Co Ltd is an airline company. The company is engaged in operating approved domestic air passenger and cargo transportation business, as well as business charter flight business to neighboring countries and regions. It is also engaged in the production of in-flight supplies, aviation equipment, aviation ground equipment and spare parts, terminal services and operations, and provides insurance agency services.
49GF Score

Get the complete analysis for SHSE:600221

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

¥1.33
Price
¥1.83
GF Value