Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Receivables Turnover: 3.68 (As of Mar. 2026)

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SHSE:600506 Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd SHSE:600506
63 GF Score
Price ¥15.03
GF Value ¥14.05
Valuation Fairly Valued
! 3 Warning Signs
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What is Tongyi Carbon Neutral Energy (Xinjiang) Co Receivables Turnover?

Tongyi Carbon Neutral Energy (Xinjiang) Co SHSE:600506 +0.27% 63 Receivables Turnover is 3.68 as of Mar. 2026. GuruFocus rates SHSE:600506 with a GF Score™ of 63/100 and a GF Value™ of ¥14.05 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,943 Consumer Packaged Goods companies, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks worse than 55.84% 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. Tongyi Carbon Neutral Energy (Xinjiang) Co's Revenue for the three months ended in Mar. 2026 was ¥879 Mil. Tongyi Carbon Neutral Energy (Xinjiang) Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥239 Mil. Hence, Tongyi Carbon Neutral Energy (Xinjiang) Co's Receivables Turnover for the three months ended in Mar. 2026 was 3.68.


Tongyi Carbon Neutral Energy (Xinjiang) Co  (SHSE:600506) 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co Receivables Turnover Related Terms


Tongyi Carbon Neutral Energy (Xinjiang) Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tongyi Carbon Neutral Energy (Xinjiang) 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.

Tongyi Carbon Neutral Energy (Xinjiang) Co Receivables Turnover Chart

Tongyi Carbon Neutral Energy (Xinjiang) 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 3.53 11.88 15.03 13.80 12.90

Tongyi Carbon Neutral Energy (Xinjiang) 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 3.07 1.72 1.64 1.91 3.68

SHSE:600506 vs ADM, BG, TSN: Receivables Turnover Comparison

For the Farm Products subindustry, Tongyi Carbon Neutral Energy (Xinjiang) 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.


Tongyi Carbon Neutral Energy (Xinjiang) Co Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tongyi Carbon Neutral Energy (Xinjiang) Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tongyi Carbon Neutral Energy (Xinjiang) Co's Receivables Turnover falls into.


SHSE:600506
63GF Score
Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd SHSE:600506
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongyi Carbon Neutral Energy (Xinjiang) Co Receivables Turnover Calculation

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

Tongyi Carbon Neutral Energy (Xinjiang) 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 )
=2411.084 / ((185.142 + 188.66) / 2 )
=2411.084 / 186.901
=12.90

Tongyi Carbon Neutral Energy (Xinjiang) 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 )
=878.666 / ((188.66 + 288.354) / 2 )
=878.666 / 238.507
=3.68

* 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 3.68 mean?
Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) has a Receivables Turnover of 3.68 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 Tongyi Carbon Neutral Energy (Xinjiang) Co and its competitors. According to the industry distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #1085 out of 1943 companies in the Consumer Packaged Goods industry, placing it in the top 55.8%.
Is Tongyi Carbon Neutral Energy (Xinjiang) Co's Receivables Turnover too high?
Tongyi Carbon Neutral Energy (Xinjiang) Co's current Receivables Turnover is 3.68. The Consumer Packaged Goods industry median Receivables Turnover is 9.36. Tongyi Carbon Neutral Energy (Xinjiang) Co's value of 3.68 is 60.7% below this industry median. Based on the distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #1085 out of 1943 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Tongyi Carbon Neutral Energy (Xinjiang) Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tongyi Carbon Neutral Energy (Xinjiang) Co's Receivables Turnover compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Tongyi Carbon Neutral Energy (Xinjiang) Co ranks #1085 out of 1943 companies for Receivables Turnover. This places Tongyi Carbon Neutral Energy (Xinjiang) Co in the lower half of its industry. The industry median Receivables Turnover is 9.36. Tongyi Carbon Neutral Energy (Xinjiang) Co's value of 3.68 is 60.7% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.36, based on 1,943 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. Tongyi Carbon Neutral Energy (Xinjiang) Co's current Receivables Turnover of 3.68 is 60.7% 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 Tongyi Carbon Neutral Energy (Xinjiang) Co and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongyi Carbon Neutral Energy (Xinjiang) Co's current Receivables Turnover is 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongyi Carbon Neutral Energy (Xinjiang) Co stock overvalued right now?
Based on GuruFocus' analysis, Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.05, compared to a current price of ¥15.03 — trading 7% above its estimated fair value. The current Receivables Turnover is 3.68 and 60.7% below the Consumer Packaged Goods industry median of 9.36. Tongyi Carbon Neutral Energy (Xinjiang) Co's overall GF Score™ is 63/100 with 3 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 Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506), the current Receivables Turnover is 3.68 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 Tongyi Carbon Neutral Energy (Xinjiang) Co (SHSE:600506) Overvalued in 2026?

Based on GuruFocus' analysis, Tongyi Carbon Neutral Energy (Xinjiang) Co stock appears to be overvalued. The current stock price of ¥15.03 is trading 7% above its estimated GF Value™ of ¥14.05. GuruFocus considers Tongyi Carbon Neutral Energy (Xinjiang) Co to be Fairly Valued.

Key valuation signals for SHSE:600506:

  • Receivables Turnover: 3.68
  • GF Value™: ¥14.05 vs. price of ¥15.03 (7% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 60.7% below the Consumer Packaged Goods median (#1085 of 1943)

No single metric tells the full story. See the SHSE:600506 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tongyi Carbon Neutral Energy (Xinjiang) Co Business Description

Address No. 30, Intersection of Shihua Avenue and Shengguo Road, 15th Floor, Building C, Furunde Building, Bayingolin Mongol Autonomous Prefecture, Xinjiang Uygur Autonomous Region, Korla, CHN, 841000
Tongyi Carbon Neutral Energy (Xinjiang) Co Ltd is in the business of researching, developing, producing, and sales of lubricating greases. Depending on their application, the company's products include Traditional lubricating oils and liquid cooling and specialty greases for the new energy industry, namely those for transportation, industrial manufacturing and power, construction machinery, and mining. The company provides liquid cooling and specialty grease products to customers in industries such as power piles, renewable energy, and energy storage.
63GF Score

Get the complete analysis for SHSE:600506

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

¥15.03
Price
¥14.05
GF Value