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Tongling Jingda Special Magnet Wire Co (SHSE:600577) 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.
Tongling Jingda Special Magnet Wire Co Receivables Turnover Related Terms
Tongling Jingda Special Magnet Wire Co Receivables Turnover Historical Data
* 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.
Tongling Jingda Special Magnet Wire Co Receivables Turnover Chart
Tongling Jingda Special Magnet Wire Co Annual Data
SHSE:600577 vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Tongling Jingda Special Magnet Wire 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.
Tongling Jingda Special Magnet Wire Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tongling Jingda Special Magnet Wire Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tongling Jingda Special Magnet Wire Co'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.
Tongling Jingda Special Magnet Wire Co (SHSE:600577) has a Receivables Turnover of 1.35 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 Tongling Jingda Special Magnet Wire Co and its competitors. According to the industry distribution chart, Tongling Jingda Special Magnet Wire Co ranks #984 out of 3032 companies in the Industrial Products industry, placing it in the top 32.5%.
Is Tongling Jingda Special Magnet Wire Co's Receivables Turnover too high?
Tongling Jingda Special Magnet Wire Co's current Receivables Turnover is 1.35. The Industrial Products industry median Receivables Turnover is 4.45. Tongling Jingda Special Magnet Wire Co's value of 1.35 is 69.7% below this industry median. Based on the distribution chart, Tongling Jingda Special Magnet Wire Co ranks #984 out of 3032 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tongling Jingda Special Magnet Wire Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tongling Jingda Special Magnet Wire Co's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tongling Jingda Special Magnet Wire Co ranks #984 out of 3032 companies for Receivables Turnover. This puts Tongling Jingda Special Magnet Wire Co in the upper half of its industry. The industry median Receivables Turnover is 4.45. Tongling Jingda Special Magnet Wire Co's value of 1.35 is 69.7% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,032 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. Tongling Jingda Special Magnet Wire Co's current Receivables Turnover of 1.35 is 69.7% 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 Tongling Jingda Special Magnet Wire Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongling Jingda Special Magnet Wire Co's current Receivables Turnover is 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongling Jingda Special Magnet Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Tongling Jingda Special Magnet Wire Co (SHSE:600577) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.51, compared to a current price of ¥7.38 — trading 1.7% below its estimated fair value. The current Receivables Turnover is 1.35 and 69.7% below the Industrial Products industry median of 4.45. Tongling Jingda Special Magnet Wire Co's overall GF Score™ is 78/100 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 Tongling Jingda Special Magnet Wire Co (SHSE:600577), the current Receivables Turnover is 1.35 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 Tongling Jingda Special Magnet Wire Co (SHSE:600577) Overvalued in 2026?
Based on GuruFocus' analysis, Tongling Jingda Special Magnet Wire Co stock appears to be undervalued.
The current stock price of ¥7.38 is trading 1.7% below its estimated GF Value™ of ¥7.51.
GuruFocus considers Tongling Jingda Special Magnet Wire Co to be Fairly Valued.
Key valuation signals for SHSE:600577:
Receivables Turnover: 1.35
GF Value™: ¥7.51 vs. price of ¥7.38 (1.7% below fair value)
Industry Position: 69.7% below the Industrial Products median (#984 of 3032)
No single metric tells the full story. See the SHSE:600577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongling Jingda Special Magnet Wire Co Business Description
Tongling Jingda Special Magnet Wire Co Ltd manufactures magnet wire. Its products include Magnet wire; Automobile wire; Special conductor; Rod material and Die.
78GF Score
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