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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. Xinjiang Ba Yi Iron & Steel Co's Revenue for the
three
months ended in Mar. 2026 was ¥3,252 Mil. Xinjiang Ba Yi Iron & Steel Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥271 Mil.
Hence, Xinjiang Ba Yi Iron & Steel Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 11.98.
Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) 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.
Xinjiang Ba Yi Iron & Steel Co Receivables Turnover Related Terms
Xinjiang Ba Yi Iron & Steel 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.
Xinjiang Ba Yi Iron & Steel Co Receivables Turnover Chart
SHSE:600581 vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Xinjiang Ba Yi Iron & Steel 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.
Xinjiang Ba Yi Iron & Steel Co Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Xinjiang Ba Yi Iron & Steel Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Xinjiang Ba Yi Iron & Steel 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.
Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) has a Receivables Turnover of 11.98 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 Xinjiang Ba Yi Iron & Steel Co and its competitors. According to the industry distribution chart, Xinjiang Ba Yi Iron & Steel Co ranks #47 out of 607 companies in the Steel industry, placing it in the top 7.7%.
Is Xinjiang Ba Yi Iron & Steel Co's Receivables Turnover too high?
Xinjiang Ba Yi Iron & Steel Co's current Receivables Turnover is 11.98. The Steel industry median Receivables Turnover is 7.10. Xinjiang Ba Yi Iron & Steel Co's value of 11.98 is 68.7% above this industry median. Based on the distribution chart, Xinjiang Ba Yi Iron & Steel Co ranks #47 out of 607 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Xinjiang Ba Yi Iron & Steel Co has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Ba Yi Iron & Steel Co's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Xinjiang Ba Yi Iron & Steel Co ranks #47 out of 607 companies for Receivables Turnover. This places Xinjiang Ba Yi Iron & Steel Co in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.10. Xinjiang Ba Yi Iron & Steel Co's value of 11.98 is 68.7% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.10, based on 607 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. Xinjiang Ba Yi Iron & Steel Co's current Receivables Turnover of 11.98 is 68.7% 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 Xinjiang Ba Yi Iron & Steel Co and its competitors. For the Steel industry, the median Receivables Turnover is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Ba Yi Iron & Steel Co's current Receivables Turnover is 11.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Ba Yi Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.24, compared to a current price of ¥2.34 — trading 27.8% below its estimated fair value. The current Receivables Turnover is 11.98 and 68.7% above the Steel industry median of 7.10. Xinjiang Ba Yi Iron & Steel Co's overall GF Score™ is 45/100 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 Xinjiang Ba Yi Iron & Steel Co (SHSE:600581), the current Receivables Turnover is 11.98 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 Xinjiang Ba Yi Iron & Steel Co (SHSE:600581) Overvalued in 2026?
Based on GuruFocus' analysis, Xinjiang Ba Yi Iron & Steel Co stock appears to be undervalued.
The current stock price of ¥2.34 is trading 27.8% below its estimated GF Value™ of ¥3.24.
GuruFocus considers Xinjiang Ba Yi Iron & Steel Co to be Modestly Undervalued.
Key valuation signals for SHSE:600581:
Receivables Turnover: 11.98
GF Value™: ¥3.24 vs. price of ¥2.34 (27.8% below fair value)
Industry Position: 68.7% above the Steel median (#47 of 607)
No single metric tells the full story. See the SHSE:600581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xinjiang Ba Yi Iron & Steel Co Ltd is a Chinese company operating in the ferrous metal smelting and rolling processing industry. It comprises a set of production processes ranging from mining, mineral separation, sintering and coking to ironmaking, steelmaking, and steel rolling. The company's product folio includes Carbon steel products such as bars, heavy plate, HR steel sheet, wire rod, pipe tubes, Stainless steel products, Special steel products like die steel products, bearing steel, transportation steel, alloys for aviation and aerospace, and other products.
45GF Score
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