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Innovation New Material Technology Co (SHSE:600361) 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.
Innovation New Material Technology Co Receivables Turnover Related Terms
Innovation New Material Technology 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.
Innovation New Material Technology Co Receivables Turnover Chart
SHSE:600361 vs AA: Receivables Turnover Comparison
For the Aluminum subindustry, Innovation New Material Technology 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.
Innovation New Material Technology Co Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Innovation New Material Technology Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Innovation New Material Technology 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.
Innovation New Material Technology Co (SHSE:600361) has a Receivables Turnover of 4.67 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 Innovation New Material Technology Co and its competitors. According to the industry distribution chart, Innovation New Material Technology Co ranks #240 out of 781 companies in the Metals & Mining industry, placing it in the top 30.7%.
Is Innovation New Material Technology Co's Receivables Turnover too high?
Innovation New Material Technology Co's current Receivables Turnover is 4.67. The Metals & Mining industry median Receivables Turnover is 9.51. Innovation New Material Technology Co's value of 4.67 is 50.9% below this industry median. Based on the distribution chart, Innovation New Material Technology Co ranks #240 out of 781 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Innovation New Material Technology Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Innovation New Material Technology Co's Receivables Turnover compare to AA?
According to the Metals & Mining industry distribution chart, Innovation New Material Technology Co ranks #240 out of 781 companies for Receivables Turnover. This puts Innovation New Material Technology Co in the upper half of its industry. The industry median Receivables Turnover is 9.51. Innovation New Material Technology Co's value of 4.67 is 50.9% 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 Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.51, based on 781 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. Innovation New Material Technology Co's current Receivables Turnover of 4.67 is 50.9% 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 Innovation New Material Technology Co and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovation New Material Technology Co's current Receivables Turnover is 4.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovation New Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Innovation New Material Technology Co (SHSE:600361) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.51, compared to a current price of ¥3.63 — trading 19.5% below its estimated fair value. The current Receivables Turnover is 4.67 and 50.9% below the Metals & Mining industry median of 9.51. Innovation New Material Technology Co's overall GF Score™ is 58/100 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 Innovation New Material Technology Co (SHSE:600361), the current Receivables Turnover is 4.67 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 Innovation New Material Technology Co (SHSE:600361) Overvalued in 2026?
Based on GuruFocus' analysis, Innovation New Material Technology Co stock appears to be undervalued.
The current stock price of ¥3.63 is trading 19.5% below its estimated GF Value™ of ¥4.51.
GuruFocus considers Innovation New Material Technology Co to be Modestly Undervalued.
Key valuation signals for SHSE:600361:
Receivables Turnover: 4.67
GF Value™: ¥4.51 vs. price of ¥3.63 (19.5% below fair value)
Industry Position: 50.9% below the Metals & Mining median (#240 of 781)
No single metric tells the full story. See the SHSE:600361 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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