Tianjin Benefo Tejing Electric Co (SHSE:600468) Receivables Turnover: 0.57 (As of Mar. 2026)

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SHSE:600468 Tianjin Benefo Tejing Electric Co Ltd SHSE:600468
62 GF Score
Price ¥5.88
GF Value ¥5.87
Valuation Fairly Valued
! 5 Warning Signs
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What is Tianjin Benefo Tejing Electric Co Receivables Turnover?

Tianjin Benefo Tejing Electric Co SHSE:600468 -3.45% 62 Receivables Turnover is 0.57 as of Mar. 2026. GuruFocus rates SHSE:600468 with a GF Score™ of 62/100 and a GF Value™ of ¥5.87 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,034 Industrial Products companies, Tianjin Benefo Tejing Electric Co ranks worse than 87.31% 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. Tianjin Benefo Tejing Electric Co's Revenue for the three months ended in Mar. 2026 was ¥567 Mil. Tianjin Benefo Tejing Electric Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥996 Mil. Hence, Tianjin Benefo Tejing Electric Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.57.


Tianjin Benefo Tejing Electric Co  (SHSE:600468) 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.


Tianjin Benefo Tejing Electric Co Receivables Turnover Related Terms


Tianjin Benefo Tejing Electric Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tianjin Benefo Tejing Electric 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.

Tianjin Benefo Tejing Electric Co Receivables Turnover Chart

Tianjin Benefo Tejing Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.82 2.45 2.06 2.06 2.39

Tianjin Benefo Tejing Electric Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.50 0.53 0.55 0.57

SHSE:600468 vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Tianjin Benefo Tejing Electric 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.


Tianjin Benefo Tejing Electric Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Benefo Tejing Electric Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tianjin Benefo Tejing Electric Co's Receivables Turnover falls into.


SHSE:600468
62GF Score
Tianjin Benefo Tejing Electric Co Ltd SHSE:600468
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin Benefo Tejing Electric Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Tianjin Benefo Tejing Electric Co's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=2216.621 / ((929.099 + 929.325) / 2 )
=2216.621 / 929.212
=2.39

Tianjin Benefo Tejing Electric Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=567.1 / ((929.325 + 1062.672) / 2 )
=567.1 / 995.9985
=0.57

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.57 mean?
Tianjin Benefo Tejing Electric Co (SHSE:600468) has a Receivables Turnover of 0.57 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 Tianjin Benefo Tejing Electric Co and its competitors. According to the industry distribution chart, Tianjin Benefo Tejing Electric Co ranks #2649 out of 3034 companies in the Industrial Products industry, placing it in the top 87.3%.
Is Tianjin Benefo Tejing Electric Co's Receivables Turnover too high?
Tianjin Benefo Tejing Electric Co's current Receivables Turnover is 0.57. The Industrial Products industry median Receivables Turnover is 4.50. Tianjin Benefo Tejing Electric Co's value of 0.57 is 87.3% below this industry median. Based on the distribution chart, Tianjin Benefo Tejing Electric Co ranks #2649 out of 3034 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Tianjin Benefo Tejing Electric Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Benefo Tejing Electric Co's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tianjin Benefo Tejing Electric Co ranks #2649 out of 3034 companies for Receivables Turnover. This places Tianjin Benefo Tejing Electric Co in the lower half of its industry. The industry median Receivables Turnover is 4.50. Tianjin Benefo Tejing Electric Co's value of 0.57 is 87.3% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.50, based on 3,034 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. Tianjin Benefo Tejing Electric Co's current Receivables Turnover of 0.57 is 87.3% 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 Tianjin Benefo Tejing Electric Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Benefo Tejing Electric Co's current Receivables Turnover is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Benefo Tejing Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Benefo Tejing Electric Co (SHSE:600468) is currently considered Fairly Valued. The stock's GF Value™ is ¥5.87, compared to a current price of ¥5.88 — trading 0.2% above its estimated fair value. The current Receivables Turnover is 0.57 and 87.3% below the Industrial Products industry median of 4.50. Tianjin Benefo Tejing Electric Co's overall GF Score™ is 62/100 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 Tianjin Benefo Tejing Electric Co (SHSE:600468), the current Receivables Turnover is 0.57 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 Tianjin Benefo Tejing Electric Co (SHSE:600468) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Benefo Tejing Electric Co stock appears to be overvalued. The current stock price of ¥5.88 is trading 0.2% above its estimated GF Value™ of ¥5.87. GuruFocus considers Tianjin Benefo Tejing Electric Co to be Fairly Valued.

Key valuation signals for SHSE:600468:

  • Receivables Turnover: 0.57
  • GF Value™: ¥5.87 vs. price of ¥5.88 (0.2% above fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 87.3% below the Industrial Products median (#2649 of 3034)

No single metric tells the full story. See the SHSE:600468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianjin Benefo Tejing Electric Co Business Description

Address No. 12, Minhe Road, Xiqing Economic Development Zone, Tianjin, Tianjin, CHN, 300385
Tianjin Benefo Tejing Electric Co Ltd is engaged in the manufacture of transmission and distribution equipment, high and low-voltage electrical components, and electrical transmission and distribution equipment in China. The products include: high-power power electronic products SVG, SVC, used to stabilize system voltage and solve system voltage fluctuation problems; transmission system secondary control power connection products, used for high-voltage and ultra-high-voltage switch control system connection; distribution switch control equipment, used to provide distribution system solutions.
62GF Score

Get the complete analysis for SHSE:600468

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.88
Price
¥5.87
GF Value