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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. Shandong Hi-Speed Co's Revenue for the
three
months ended in Mar. 2026 was ¥4,632 Mil. Shandong Hi-Speed Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥3,258 Mil.
Hence, Shandong Hi-Speed Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.42.
Shandong Hi-Speed Co (SHSE:600350) 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.
Shandong Hi-Speed Co Receivables Turnover Related Terms
Shandong Hi-Speed Co Receivables Turnover Historical Data
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The historical data trend for Shandong Hi-Speed 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.
Shandong Hi-Speed Co Receivables Turnover Competitor Comparison
For the Infrastructure Operations subindustry, Shandong Hi-Speed 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.
Shandong Hi-Speed Co Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, Shandong Hi-Speed Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shandong Hi-Speed 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.
Shandong Hi-Speed Co (SHSE:600350) has a Receivables Turnover of 1.42 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 Shandong Hi-Speed Co and its competitors. According to the industry distribution chart, Shandong Hi-Speed Co ranks #569 out of 1767 companies in the Construction industry, placing it in the top 32.2%.
Is Shandong Hi-Speed Co's Receivables Turnover too high?
Shandong Hi-Speed Co's current Receivables Turnover is 1.42. The Construction industry median Receivables Turnover is 4.80. Shandong Hi-Speed Co's value of 1.42 is 70.4% below this industry median. Based on the distribution chart, Shandong Hi-Speed Co ranks #569 out of 1767 companies in the Construction industry, which is above the industry midpoint. Overall, Shandong Hi-Speed Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Hi-Speed Co's Receivables Turnover compare to competitors?
According to the Construction industry distribution chart, Shandong Hi-Speed Co ranks #569 out of 1767 companies for Receivables Turnover. This puts Shandong Hi-Speed Co in the upper half of its industry. The industry median Receivables Turnover is 4.80. Shandong Hi-Speed Co's value of 1.42 is 70.4% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.80, based on 1,767 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. Shandong Hi-Speed Co's current Receivables Turnover of 1.42 is 70.4% 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 Shandong Hi-Speed Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Hi-Speed Co's current Receivables Turnover is 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Hi-Speed Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Hi-Speed Co (SHSE:600350) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥8.22, compared to a current price of ¥10.56 — trading 28.5% above its estimated fair value. The current Receivables Turnover is 1.42 and 70.4% below the Construction industry median of 4.80. Shandong Hi-Speed Co's overall GF Score™ is 68/100 with 7 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 Shandong Hi-Speed Co (SHSE:600350), the current Receivables Turnover is 1.42 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 Shandong Hi-Speed Co (SHSE:600350) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Hi-Speed Co stock appears to be overvalued.
The current stock price of ¥10.56 is trading 28.5% above its estimated GF Value™ of ¥8.22.
GuruFocus considers Shandong Hi-Speed Co to be Modestly Overvalued.
Key valuation signals for SHSE:600350:
Receivables Turnover: 1.42
GF Value™: ¥8.22 vs. price of ¥10.56 (28.5% above fair value)
Industry Position: 70.4% below the Construction median (#569 of 1767)
No single metric tells the full story. See the SHSE:600350 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Hi-Speed Co Ltd is a China-based company mainly engaged in the investment and operation of transportation infrastructure. It is also engaged in activities of equity investment in the upstream and downstream industries, finance, and environmental protection of the highway industry chain. It operates and maintains toll roads, bridges, tunnels, and other infrastructure facilities. The company earns majority revenue in the form of Toll, railway transportation, sales of goods, project construction, and other businesses.
68GF Score
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