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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. Tangshannyou Chemical Industries Co's Revenue for the
three
months ended in Mar. 2026 was ¥4,508 Mil. Tangshannyou Chemical Industries Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥307 Mil.
Hence, Tangshannyou Chemical Industries Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 14.66.
Tangshannyou Chemical Industries Co (SHSE:600409) 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.
Tangshannyou Chemical Industries Co Receivables Turnover Related Terms
Tangshannyou Chemical Industries 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.
Tangshannyou Chemical Industries Co Receivables Turnover Chart
SHSE:600409 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Tangshannyou Chemical Industries 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.
Tangshannyou Chemical Industries Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tangshannyou Chemical Industries Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tangshannyou Chemical Industries 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.
Tangshannyou Chemical Industries Co (SHSE:600409) has a Receivables Turnover of 14.66 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 Tangshannyou Chemical Industries Co and its competitors. According to the industry distribution chart, Tangshannyou Chemical Industries Co ranks #35 out of 1579 companies in the Chemicals industry, placing it in the top 2.2%.
Is Tangshannyou Chemical Industries Co's Receivables Turnover too high?
Tangshannyou Chemical Industries Co's current Receivables Turnover is 14.66. The Chemicals industry median Receivables Turnover is 5.60. Tangshannyou Chemical Industries Co's value of 14.66 is 161.8% above this industry median. Based on the distribution chart, Tangshannyou Chemical Industries Co ranks #35 out of 1579 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Tangshannyou Chemical Industries Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tangshannyou Chemical Industries Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tangshannyou Chemical Industries Co ranks #35 out of 1579 companies for Receivables Turnover. This places Tangshannyou Chemical Industries Co in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.60. Tangshannyou Chemical Industries Co's value of 14.66 is 161.8% 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 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. Tangshannyou Chemical Industries Co's current Receivables Turnover of 14.66 is 161.8% 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 Tangshannyou Chemical Industries 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. Tangshannyou Chemical Industries Co's current Receivables Turnover is 14.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tangshannyou Chemical Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Tangshannyou Chemical Industries Co (SHSE:600409) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥5.11, compared to a current price of ¥6.66 — trading 30.3% above its estimated fair value. The current Receivables Turnover is 14.66 and 161.8% above the Chemicals industry median of 5.60. Tangshannyou Chemical Industries Co's overall GF Score™ is 62/100 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 Tangshannyou Chemical Industries Co (SHSE:600409), the current Receivables Turnover is 14.66 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 Tangshannyou Chemical Industries Co (SHSE:600409) Overvalued in 2026?
Based on GuruFocus' analysis, Tangshannyou Chemical Industries Co stock appears to be overvalued.
The current stock price of ¥6.66 is trading 30.3% above its estimated GF Value™ of ¥5.11.
GuruFocus considers Tangshannyou Chemical Industries Co to be Modestly Overvalued.
Key valuation signals for SHSE:600409:
Receivables Turnover: 14.66
GF Value™: ¥5.11 vs. price of ¥6.66 (30.3% above fair value)
Industry Position: 161.8% above the Chemicals median (#35 of 1579)
No single metric tells the full story. See the SHSE:600409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tangshan Sanyou Chemical Industries Co Ltd is principally engaged in the production and sale of chemical products. Sanyou's technical process includes squeezing and pressing method, solid phase, and liquid phase. The company offers dense and light soda ash, hydration dense and extrusion dense soda ash, normal, low salt, super-low salt, and special low soda ash, industrial soda ash, food additive soda ash, viscose fiber, PVC and caustic soda products. In addition, the company offers salt products comprising industry salt, refined powder salt, industrial washing brine and magnesium chloride.
62GF 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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