Hainan Airport Infrastructure Co (SHSE:600515) Receivables Turnover: 1.57 (As of Mar. 2026)

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SHSE:600515 Hainan Airport Infrastructure Co Ltd SHSE:600515
52 GF Score
Price ¥2.88
GF Value ¥4.43
Valuation Possible Value Trap
! 7 Warning Signs
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What is Hainan Airport Infrastructure Co Receivables Turnover?

Hainan Airport Infrastructure Co SHSE:600515 -2.04% 52 Receivables Turnover is 1.57 as of Mar. 2026. GuruFocus rates SHSE:600515 with a GF Score™ of 52/100 and a GF Value™ of ¥4.43 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,666 Real Estate companies, Hainan Airport Infrastructure Co ranks worse than 72.21% 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. Hainan Airport Infrastructure Co's Revenue for the three months ended in Mar. 2026 was ¥1,743 Mil. Hainan Airport Infrastructure Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥1,114 Mil. Hence, Hainan Airport Infrastructure Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.57.


Hainan Airport Infrastructure Co  (SHSE:600515) 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.


Hainan Airport Infrastructure Co Receivables Turnover Related Terms


Hainan Airport Infrastructure Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hainan Airport Infrastructure 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.

Hainan Airport Infrastructure Co Receivables Turnover Chart

Hainan Airport Infrastructure 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 2.58 3.55 4.67 3.36 4.12

Hainan Airport Infrastructure 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 0.90 1.03 0.86 1.06 1.57

Hainan Airport Infrastructure Co Receivables Turnover Competitor Comparison

For the Real Estate - Diversified subindustry, Hainan Airport Infrastructure 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.


Hainan Airport Infrastructure Co Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hainan Airport Infrastructure Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hainan Airport Infrastructure Co's Receivables Turnover falls into.


SHSE:600515
52GF Score
Hainan Airport Infrastructure Co Ltd SHSE:600515
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hainan Airport Infrastructure Co Receivables Turnover Calculation

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

Hainan Airport Infrastructure 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 )
=4420.104 / ((1155.929 + 987.723) / 2 )
=4420.104 / 1071.826
=4.12

Hainan Airport Infrastructure 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 )
=1742.898 / ((987.723 + 1239.281) / 2 )
=1742.898 / 1113.502
=1.57

* 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 1.57 mean?
Hainan Airport Infrastructure Co (SHSE:600515) has a Receivables Turnover of 1.57 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 Hainan Airport Infrastructure Co and its competitors. According to the industry distribution chart, Hainan Airport Infrastructure Co ranks #1203 out of 1666 companies in the Real Estate industry, placing it in the top 72.2%.
Is Hainan Airport Infrastructure Co's Receivables Turnover too high?
Hainan Airport Infrastructure Co's current Receivables Turnover is 1.57. The Real Estate industry median Receivables Turnover is 10.63. Hainan Airport Infrastructure Co's value of 1.57 is 85.2% below this industry median. Based on the distribution chart, Hainan Airport Infrastructure Co ranks #1203 out of 1666 companies in the Real Estate industry, which is below the industry midpoint. Overall, Hainan Airport Infrastructure Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hainan Airport Infrastructure Co's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, Hainan Airport Infrastructure Co ranks #1203 out of 1666 companies for Receivables Turnover. This places Hainan Airport Infrastructure Co in the lower half of its industry. The industry median Receivables Turnover is 10.63. Hainan Airport Infrastructure Co's value of 1.57 is 85.2% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.63, based on 1,666 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. Hainan Airport Infrastructure Co's current Receivables Turnover of 1.57 is 85.2% 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 Hainan Airport Infrastructure Co and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Airport Infrastructure Co's current Receivables Turnover is 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Airport Infrastructure Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Airport Infrastructure Co (SHSE:600515) is currently considered Possible Value Trap. The stock's GF Value™ is ¥4.43, compared to a current price of ¥2.88 — trading 35% below its estimated fair value. The current Receivables Turnover is 1.57 and 85.2% below the Real Estate industry median of 10.63. Hainan Airport Infrastructure Co's overall GF Score™ is 52/100 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 Hainan Airport Infrastructure Co (SHSE:600515), the current Receivables Turnover is 1.57 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 Hainan Airport Infrastructure Co (SHSE:600515) Overvalued in 2026?

Based on GuruFocus' analysis, Hainan Airport Infrastructure Co stock appears to be undervalued. The current stock price of ¥2.88 is trading 35% below its estimated GF Value™ of ¥4.43. GuruFocus considers Hainan Airport Infrastructure Co to be Possible Value Trap.

Key valuation signals for SHSE:600515:

  • Receivables Turnover: 1.57
  • GF Value™: ¥4.43 vs. price of ¥2.88 (35% below fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 85.2% below the Real Estate median (#1203 of 1666)

No single metric tells the full story. See the SHSE:600515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hainan Airport Infrastructure Co Business Description

Address No. 3, Guoxing Avenue, Block C, Internet Finance Building, Meilan District, Hainan Province, Haikou, CHN, 570203
Hainan Airport Infrastructure Co Ltd engages in airport operation management, duty-free and commercial business, and real estate development and sales. The Real Estate Business segment focuses on industrial park investment and development, sales of completed residential units, office properties, and apartments, and leasing and management of industrial parks and investment properties. The Airport Business segment covers both aviation-related and non-aviation operations. The Property Management Business segment delivers essential property services along with additional value-added offerings. The Duty-free & Commercial segment is involved in island-based retail and related commercial activities. The Other business segment includes hotel management, aviation training, and associated services.
52GF Score

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

¥2.88
Price
¥4.43
GF Value