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Hla GroupSHSE:600398 -1.34%89 Receivables Turnover is 4.90 as of Mar. 2026. GuruFocus rates SHSE:600398 with a GF Score™ of 89/100 and a GF Value™ of ¥7.79 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, Hla Group ranks better than 86.82% on this metric.
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. Hla Group's Revenue for the
three
months ended in Mar. 2026 was ¥6,661 Mil. Hla Group's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥1,360 Mil.
Hence, Hla Group's Receivables Turnover for the
three
months ended in Mar. 2026 was 4.90.
Hla Group (SHSE:600398) 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.
Hla Group Receivables Turnover Related Terms
Hla Group Receivables Turnover Historical Data
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The historical data trend for Hla Group'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:600398 vs RL, LEVI, VFC: Receivables Turnover Comparison
For the Apparel Manufacturing subindustry, Hla Group'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.
Hla Group Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hla Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hla Group'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.
Hla Group (SHSE:600398) has a Receivables Turnover of 4.90 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 Hla Group and its competitors. According to the industry distribution chart, Hla Group ranks #136 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 13.2%.
Is Hla Group's Receivables Turnover too high?
Hla Group's current Receivables Turnover is 4.90. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Hla Group's value of 4.90 is 28.9% below this industry median. Based on the distribution chart, Hla Group ranks #136 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Hla Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hla Group's Receivables Turnover compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Hla Group ranks #136 out of 1032 companies for Receivables Turnover. This places Hla Group in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.89. Hla Group's value of 4.90 is 28.9% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,032 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. Hla Group's current Receivables Turnover of 4.90 is 28.9% 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 Hla Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hla Group's current Receivables Turnover is 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hla Group stock overvalued right now?
Based on GuruFocus' analysis, Hla Group (SHSE:600398) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.79, compared to a current price of ¥5.91 — trading 24.1% below its estimated fair value. The current Receivables Turnover is 4.90 and 28.9% below the Manufacturing - Apparel & Accessories industry median of 6.89. Hla Group's overall GF Score™ is 89/100 with 2 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 Hla Group (SHSE:600398), the current Receivables Turnover is 4.90 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 Hla Group (SHSE:600398) Overvalued in 2026?
Based on GuruFocus' analysis, Hla Group stock appears to be undervalued.
The current stock price of ¥5.91 is trading 24.1% below its estimated GF Value™ of ¥7.79.
GuruFocus considers Hla Group to be Modestly Undervalued.
Key valuation signals for SHSE:600398:
Receivables Turnover: 4.90
GF Value™: ¥7.79 vs. price of ¥5.91 (24.1% below fair value)
Industry Position: 28.9% below the Manufacturing - Apparel & Accessories median (#136 of 1032)
No single metric tells the full story. See the SHSE:600398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hla Group Corp Ltd is a Chinese clothing company. Its businesses include the operation of brand clothes, the production, and sales of upscale suits and professional clothing. Its brand clothing management includes brand management, supply chain management, and marketing network management. The company operates product brands including HLA, HLA Group Buying, OVV, Yingshi YeeHoO, and HLA Optimal Selection. The company offers men's clothing, women's clothing, and accessories.
89GF Score
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