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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. Zhongjin Gold's Revenue for the
three
months ended in Mar. 2026 was ¥22,588 Mil. Zhongjin Gold's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥114 Mil.
Hence, Zhongjin Gold's Receivables Turnover for the
three
months ended in Mar. 2026 was 197.84.
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.
Zhongjin Gold Receivables Turnover Related Terms
Zhongjin Gold Receivables Turnover Historical Data
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The historical data trend for Zhongjin Gold'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:600489 vs NEM, AU, RGLD: Receivables Turnover Comparison
For the Gold subindustry, Zhongjin Gold'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.
Zhongjin Gold Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zhongjin Gold's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Zhongjin Gold'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.
Zhongjin Gold (SHSE:600489) has a Receivables Turnover of 197.84 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 Zhongjin Gold and its competitors. According to the industry distribution chart, Zhongjin Gold ranks #26 out of 778 companies in the Metals & Mining industry, placing it in the top 3.3%.
Is Zhongjin Gold's Receivables Turnover too high?
Zhongjin Gold's current Receivables Turnover is 197.84. The Metals & Mining industry median Receivables Turnover is 9.56. Zhongjin Gold's value of 197.84 is 1970.5% above this industry median. Based on the distribution chart, Zhongjin Gold ranks #26 out of 778 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Zhongjin Gold has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhongjin Gold's Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Zhongjin Gold ranks #26 out of 778 companies for Receivables Turnover. This places Zhongjin Gold in the top 3% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 9.56. Zhongjin Gold's value of 197.84 is 1970.5% 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 Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.56, based on 778 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. Zhongjin Gold's current Receivables Turnover of 197.84 is 1970.5% 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 Zhongjin Gold and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongjin Gold's current Receivables Turnover is 197.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongjin Gold stock overvalued right now?
Based on GuruFocus' analysis, Zhongjin Gold (SHSE:600489) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥19.54, compared to a current price of ¥24.95 — trading 27.7% above its estimated fair value. The current Receivables Turnover is 197.84 and 1970.5% above the Metals & Mining industry median of 9.56. Zhongjin Gold's overall GF Score™ is 74/100 with 1 warning sign 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 Zhongjin Gold (SHSE:600489), the current Receivables Turnover is 197.84 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 Zhongjin Gold (SHSE:600489) Overvalued in 2026?
Based on GuruFocus' analysis, Zhongjin Gold stock appears to be overvalued.
The current stock price of ¥24.95 is trading 27.7% above its estimated GF Value™ of ¥19.54.
GuruFocus considers Zhongjin Gold to be Modestly Overvalued.
Key valuation signals for SHSE:600489:
Receivables Turnover: 197.84
GF Value™: ¥19.54 vs. price of ¥24.95 (27.7% above fair value)
Industry Position: 1970.5% above the Metals & Mining median (#26 of 778)
No single metric tells the full story. See the SHSE:600489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhongjin Gold Corp Ltd engages in the mining, smelting, and sale of non-ferrous metals in China. Its products include gold, electrolytic silver and copper, sulfuric acid, and other products, as well as iron oxide pigments. The company operates its business in both the domestic and overseas market.
74GF Score
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