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. Shanxi Antai Group Co's Revenue for the
three
months ended in Mar. 2026 was ¥1,232 Mil. Shanxi Antai Group Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥13 Mil.
Hence, Shanxi Antai Group Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 91.27.
Shanxi Antai Group Co (SHSE:600408) 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.
Shanxi Antai Group Co Receivables Turnover Related Terms
Shanxi Antai Group Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Shanxi Antai Group 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.
SHSE:600408 vs HCC, AMR, SXC: Receivables Turnover Comparison
For the Coking Coal subindustry, Shanxi Antai 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.
Shanxi Antai Group Co Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Shanxi Antai Group Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shanxi Antai 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.
Shanxi Antai Group Co (SHSE:600408) has a Receivables Turnover of 91.27 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 Shanxi Antai Group Co and its competitors. According to the industry distribution chart, Shanxi Antai Group Co ranks #7 out of 607 companies in the Steel industry, placing it in the top 1.2%.
Is Shanxi Antai Group Co's Receivables Turnover too high?
Shanxi Antai Group Co's current Receivables Turnover is 91.27. The Steel industry median Receivables Turnover is 7.23. Shanxi Antai Group Co's value of 91.27 is 1162.4% above this industry median. Based on the distribution chart, Shanxi Antai Group Co ranks #7 out of 607 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Shanxi Antai Group Co has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Antai Group Co's Receivables Turnover compare to HCC and AMR?
According to the Steel industry distribution chart, Shanxi Antai Group Co ranks #7 out of 607 companies for Receivables Turnover. This places Shanxi Antai Group Co in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.23. Shanxi Antai Group Co's value of 91.27 is 1162.4% above 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 Steel company?
The median Receivables Turnover among Steel companies is 7.23, based on 607 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. Shanxi Antai Group Co's current Receivables Turnover of 91.27 is 1162.4% above 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 Shanxi Antai Group Co and its competitors. For the Steel industry, the median Receivables Turnover is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Antai Group Co's current Receivables Turnover is 91.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Antai Group Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Antai Group Co (SHSE:600408) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥1.26, compared to a current price of ¥2.78 — trading 120.6% above its estimated fair value. The current Receivables Turnover is 91.27 and 1162.4% above the Steel industry median of 7.23. Shanxi Antai Group Co's overall GF Score™ is 41/100 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 Shanxi Antai Group Co (SHSE:600408), the current Receivables Turnover is 91.27 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 Shanxi Antai Group Co (SHSE:600408) Overvalued in 2026?
Based on GuruFocus' analysis, Shanxi Antai Group Co stock appears to be overvalued.
The current stock price of ¥2.78 is trading 120.6% above its estimated GF Value™ of ¥1.26.
GuruFocus considers Shanxi Antai Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600408:
Receivables Turnover: 91.27
GF Value™: ¥1.26 vs. price of ¥2.78 (120.6% above fair value)
Industry Position: 1162.4% above the Steel median (#7 of 607)
No single metric tells the full story. See the SHSE:600408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600408 has been successfully added to your 
