Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Guangdong Mingzhu Group Co's Revenue for the
three
months ended in Mar. 2026 was ¥188.3 Mil. Guangdong Mingzhu Group Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥57.3 Mil.
Hence, Guangdong Mingzhu Group Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.29.
Guangdong Mingzhu Group Co (SHSE:600382) 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.
Guangdong Mingzhu Group Co Receivables Turnover Related Terms
Guangdong Mingzhu 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.
Guangdong Mingzhu Group Co Receivables Turnover Chart
SHSE:600382 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Guangdong Mingzhu 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.
Guangdong Mingzhu Group Co Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Guangdong Mingzhu Group Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Guangdong Mingzhu 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.
Guangdong Mingzhu Group Co (SHSE:600382) has a Receivables Turnover of 3.29 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 Guangdong Mingzhu Group Co and its competitors. According to the industry distribution chart, Guangdong Mingzhu Group Co ranks #109 out of 2468 companies in the Hardware industry, placing it in the top 4.4%.
Is Guangdong Mingzhu Group Co's Receivables Turnover too high?
Guangdong Mingzhu Group Co's current Receivables Turnover is 3.29. The Hardware industry median Receivables Turnover is 4.97. Guangdong Mingzhu Group Co's value of 3.29 is 33.7% below this industry median. Based on the distribution chart, Guangdong Mingzhu Group Co ranks #109 out of 2468 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Guangdong Mingzhu Group Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Mingzhu Group Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Guangdong Mingzhu Group Co ranks #109 out of 2468 companies for Receivables Turnover. This places Guangdong Mingzhu Group Co in the top 4% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.97. Guangdong Mingzhu Group Co's value of 3.29 is 33.7% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.97, based on 2,468 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. Guangdong Mingzhu Group Co's current Receivables Turnover of 3.29 is 33.7% 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 Guangdong Mingzhu Group Co and its competitors. For the Hardware industry, the median Receivables Turnover is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guangdong Mingzhu Group Co's current Receivables Turnover is 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Mingzhu Group Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Mingzhu Group Co (SHSE:600382) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.24, compared to a current price of ¥6.32 — trading 23.3% below its estimated fair value. The current Receivables Turnover is 3.29 and 33.7% below the Hardware industry median of 4.97. Guangdong Mingzhu Group Co's overall GF Score™ is 69/100 with 4 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 Guangdong Mingzhu Group Co (SHSE:600382), the current Receivables Turnover is 3.29 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 Guangdong Mingzhu Group Co (SHSE:600382) Overvalued in 2026?
Based on GuruFocus' analysis, Guangdong Mingzhu Group Co stock appears to be undervalued.
The current stock price of ¥6.32 is trading 23.3% below its estimated GF Value™ of ¥8.24.
GuruFocus considers Guangdong Mingzhu Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:600382:
Receivables Turnover: 3.29
GF Value™: ¥8.24 vs. price of ¥6.32 (23.3% below fair value)
Industry Position: 33.7% below the Hardware median (#109 of 2468)
No single metric tells the full story. See the SHSE:600382 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Guangdong Mingzhu Group Co Ltd manufactures and distributes general machinery, metal products, automobile parts, rubber products and clothing. It also engages in the smelting of non-ferrous metals and ferrous metals.
69GF Score
Get the complete analysis for SHSE:600382
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600382 has been successfully added to your 
