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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. SPIC Hydropower Co's Revenue for the
three
months ended in Mar. 2026 was ¥2,475 Mil. SPIC Hydropower Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥3,271 Mil.
Hence, SPIC Hydropower Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.76.
SPIC Hydropower Co (SHSE:600292) 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.
SPIC Hydropower Co Receivables Turnover Related Terms
SPIC Hydropower Co Receivables Turnover Historical Data
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The historical data trend for SPIC Hydropower 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:600292 vs NEE, SO, DUK: Receivables Turnover Comparison
For the Utilities - Regulated Electric subindustry, SPIC Hydropower 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.
SPIC Hydropower Co Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, SPIC Hydropower Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where SPIC Hydropower 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.
SPIC Hydropower Co (SHSE:600292) has a Receivables Turnover of 0.76 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 SPIC Hydropower Co and its competitors. According to the industry distribution chart, SPIC Hydropower Co ranks #329 out of 493 companies in the Utilities - Regulated industry, placing it in the top 66.7%.
Is SPIC Hydropower Co's Receivables Turnover too high?
SPIC Hydropower Co's current Receivables Turnover is 0.76. The Utilities - Regulated industry median Receivables Turnover is 6.95. SPIC Hydropower Co's value of 0.76 is 89.1% below this industry median. Based on the distribution chart, SPIC Hydropower Co ranks #329 out of 493 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, SPIC Hydropower Co has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPIC Hydropower Co's Receivables Turnover compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, SPIC Hydropower Co ranks #329 out of 493 companies for Receivables Turnover. This places SPIC Hydropower Co in the lower half of its industry. The industry median Receivables Turnover is 6.95. SPIC Hydropower Co's value of 0.76 is 89.1% 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 an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.95, based on 493 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. SPIC Hydropower Co's current Receivables Turnover of 0.76 is 89.1% 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 SPIC Hydropower Co and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPIC Hydropower Co's current Receivables Turnover is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPIC Hydropower Co stock overvalued right now?
Based on GuruFocus' analysis, SPIC Hydropower Co (SHSE:600292) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.38, compared to a current price of ¥12.12 — trading 176.7% above its estimated fair value. The current Receivables Turnover is 0.76 and 89.1% below the Utilities - Regulated industry median of 6.95. SPIC Hydropower Co's overall GF Score™ is 33/100 with 5 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 SPIC Hydropower Co (SHSE:600292), the current Receivables Turnover is 0.76 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 SPIC Hydropower Co (SHSE:600292) Overvalued in 2026?
Based on GuruFocus' analysis, SPIC Hydropower Co stock appears to be overvalued.
The current stock price of ¥12.12 is trading 176.7% above its estimated GF Value™ of ¥4.38.
GuruFocus considers SPIC Hydropower Co to be Significantly Overvalued.
Key valuation signals for SHSE:600292:
Receivables Turnover: 0.76
GF Value™: ¥4.38 vs. price of ¥12.12 (176.7% above fair value)
Industry Position: 89.1% below the Utilities - Regulated median (#329 of 493)
No single metric tells the full story. See the SHSE:600292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPIC Hydropower Co Ltd is engaged in energy and ecological integration activities, with a focus on hydropower generation and the integrated development and operation of river basin hydropower and new energy projects. Its business scope includes the provision of technical services, technology development and consultation, technology exchange and transfer, and technology promotion.
33GF Score
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