Zhejiang Conba Pharmaceutical Co (SHSE:600572) Receivables Turnover: 1.30 (As of Jun. 2026)

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SHSE:600572 Zhejiang Conba Pharmaceutical Co Ltd SHSE:600572
74 GF Score
Price ¥4.43
GF Value ¥5.42
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Zhejiang Conba Pharmaceutical Co Receivables Turnover?

Zhejiang Conba Pharmaceutical Co SHSE:600572 -1.99% 74 Receivables Turnover is 1.30 as of Jun. 2026. GuruFocus rates SHSE:600572 with a GF Score™ of 74/100 and a GF Value™ of ¥5.42 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 947 Drug Manufacturers companies, Zhejiang Conba Pharmaceutical Co ranks better than 51.85% 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. Zhejiang Conba Pharmaceutical Co's Revenue for the three months ended in Jun. 2026 was ¥1,796 Mil. Zhejiang Conba Pharmaceutical Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥1,384 Mil. Hence, Zhejiang Conba Pharmaceutical Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.30.


Zhejiang Conba Pharmaceutical Co  (SHSE:600572) 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.


Zhejiang Conba Pharmaceutical Co Receivables Turnover Related Terms


Zhejiang Conba Pharmaceutical Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zhejiang Conba Pharmaceutical 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.

Zhejiang Conba Pharmaceutical Co Receivables Turnover Chart

Zhejiang Conba Pharmaceutical 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 7.24 6.29 6.53 5.78 6.06

Zhejiang Conba Pharmaceutical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.24 1.17 1.25 1.64 1.30

SHSE:600572 vs ZTS: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Conba Pharmaceutical 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.


Zhejiang Conba Pharmaceutical Co Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Conba Pharmaceutical Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhejiang Conba Pharmaceutical Co's Receivables Turnover falls into.


SHSE:600572
74GF Score
Zhejiang Conba Pharmaceutical Co Ltd SHSE:600572
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Conba Pharmaceutical Co Receivables Turnover Calculation

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

Zhejiang Conba Pharmaceutical 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 )
=6473.434 / ((1146.626 + 990.923) / 2 )
=6473.434 / 1068.7745
=6.06

Zhejiang Conba Pharmaceutical Co's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=1795.754 / ((1326.383 + 1441.366) / 2 )
=1795.754 / 1383.8745
=1.30

* 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 1.30 mean?
Zhejiang Conba Pharmaceutical Co (SHSE:600572) has a Receivables Turnover of 1.30 as of Jun. 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 Zhejiang Conba Pharmaceutical Co and its competitors. According to the industry distribution chart, Zhejiang Conba Pharmaceutical Co ranks #456 out of 947 companies in the Drug Manufacturers industry, placing it in the top 48.2%.
Is Zhejiang Conba Pharmaceutical Co's Receivables Turnover too high?
Zhejiang Conba Pharmaceutical Co's current Receivables Turnover is 1.30. The Drug Manufacturers industry median Receivables Turnover is 5.08. Zhejiang Conba Pharmaceutical Co's value of 1.30 is 74.4% below this industry median. Based on the distribution chart, Zhejiang Conba Pharmaceutical Co ranks #456 out of 947 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Zhejiang Conba Pharmaceutical Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Conba Pharmaceutical Co's Receivables Turnover compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Zhejiang Conba Pharmaceutical Co ranks #456 out of 947 companies for Receivables Turnover. This puts Zhejiang Conba Pharmaceutical Co in the upper half of its industry. The industry median Receivables Turnover is 5.08. Zhejiang Conba Pharmaceutical Co's value of 1.30 is 74.4% 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.08, based on 947 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. Zhejiang Conba Pharmaceutical Co's current Receivables Turnover of 1.30 is 74.4% 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 Zhejiang Conba Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Conba Pharmaceutical Co's current Receivables Turnover is 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Conba Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Conba Pharmaceutical Co (SHSE:600572) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥5.42, compared to a current price of ¥4.43 — trading 18.3% below its estimated fair value. The current Receivables Turnover is 1.30 and 74.4% below the Drug Manufacturers industry median of 5.08. Zhejiang Conba Pharmaceutical Co's overall GF Score™ is 74/100 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 Zhejiang Conba Pharmaceutical Co (SHSE:600572), the current Receivables Turnover is 1.30 as of Jun. 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 Zhejiang Conba Pharmaceutical Co (SHSE:600572) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Conba Pharmaceutical Co stock appears to be undervalued. The current stock price of ¥4.43 is trading 18.3% below its estimated GF Value™ of ¥5.42. GuruFocus considers Zhejiang Conba Pharmaceutical Co to be Modestly Undervalued.

Key valuation signals for SHSE:600572:

  • Receivables Turnover: 1.30
  • GF Value™: ¥5.42 vs. price of ¥4.43 (18.3% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 74.4% below the Drug Manufacturers median (#456 of 947)

No single metric tells the full story. See the SHSE:600572 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Conba Pharmaceutical Co Business Description

Address No. 568 Binkang Road, New and High-Technology Development Zone, Binjiang District, Zhejiang, Hangzhou, CHN, 310052
Zhejiang Conba Pharmaceutical Co Ltd operates as a pharmaceutical company in China. It offers traditional Chinese medicines, botanical extracts, chemical medicines, chemical raw medicines, health foods, common foods, prepared drugs in pieces, and commodities. It provides its products under the Conba, Prostate Plus, Zhenshiming, Tianbaoning, Alocin, Xitao, Yuanbang, Baby, and Omeprazole names.
74GF Score

Get the complete analysis for SHSE:600572

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

¥4.43
Price
¥5.42
GF Value