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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. Zhejiang Longsheng Group Co's Revenue for the
three
months ended in Mar. 2026 was ¥3,618 Mil. Zhejiang Longsheng Group Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥2,030 Mil.
Hence, Zhejiang Longsheng Group Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.78.
Zhejiang Longsheng Group Co (SHSE:600352) 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.
Zhejiang Longsheng Group Co Receivables Turnover Related Terms
Zhejiang Longsheng Group 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.
Zhejiang Longsheng Group Co Receivables Turnover Chart
SHSE:600352 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Zhejiang Longsheng Group 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.
Zhejiang Longsheng Group Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Zhejiang Longsheng Group Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Zhejiang Longsheng Group 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.
Zhejiang Longsheng Group Co (SHSE:600352) has a Receivables Turnover of 1.78 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 Zhejiang Longsheng Group Co and its competitors. According to the industry distribution chart, Zhejiang Longsheng Group Co ranks #631 out of 1579 companies in the Chemicals industry, placing it in the top 40%.
Is Zhejiang Longsheng Group Co's Receivables Turnover too high?
Zhejiang Longsheng Group Co's current Receivables Turnover is 1.78. The Chemicals industry median Receivables Turnover is 5.60. Zhejiang Longsheng Group Co's value of 1.78 is 68.2% below this industry median. Based on the distribution chart, Zhejiang Longsheng Group Co ranks #631 out of 1579 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zhejiang Longsheng Group Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Longsheng Group Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Longsheng Group Co ranks #631 out of 1579 companies for Receivables Turnover. This puts Zhejiang Longsheng Group Co in the upper half of its industry. The industry median Receivables Turnover is 5.60. Zhejiang Longsheng Group Co's value of 1.78 is 68.2% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.60, based on 1,579 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. Zhejiang Longsheng Group Co's current Receivables Turnover of 1.78 is 68.2% 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 Zhejiang Longsheng Group Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Longsheng Group Co's current Receivables Turnover is 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Longsheng Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Longsheng Group Co (SHSE:600352) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.17, compared to a current price of ¥13.28 — trading 30.6% above its estimated fair value. The current Receivables Turnover is 1.78 and 68.2% below the Chemicals industry median of 5.60. Zhejiang Longsheng Group Co's overall GF Score™ is 61/100 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 Zhejiang Longsheng Group Co (SHSE:600352), the current Receivables Turnover is 1.78 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 Zhejiang Longsheng Group Co (SHSE:600352) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Longsheng Group Co stock appears to be overvalued.
The current stock price of ¥13.28 is trading 30.6% above its estimated GF Value™ of ¥10.17.
GuruFocus considers Zhejiang Longsheng Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600352:
Receivables Turnover: 1.78
GF Value™: ¥10.17 vs. price of ¥13.28 (30.6% above fair value)
Industry Position: 68.2% below the Chemicals median (#631 of 1579)
No single metric tells the full story. See the SHSE:600352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Longsheng Group Co Ltd is a China-based company principally engaged in the production and sale of dyes and automobile spare parts. The Dye (Except for Dystar) segment focuses on manufacturing dyes used in textile printing and dyeing processes. The Intermediate segment is involved in the production of meta-phenylenediamine and resorcinol, which are mainly applied in the manufacturing of dyes, aramid fibers, resorcinol derivatives, meta aminophenol, rubber adhesives, synthetic resins, and other related materials. The Dystar segment is dedicated to producing fuels and additives utilized in textile printing and dyeing applications. In addition, the company conducts operations through the Inorganic Chemical, Real Estate, Auto Parts, and Others segments.
61GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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