Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Greenland Holdings Group's Revenue for the
three
months ended in Mar. 2026 was ¥27,811 Mil. Greenland Holdings Group's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥66,158 Mil.
Hence, Greenland Holdings Group's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.42.
Greenland Holdings Group (SHSE:600606) 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.
Greenland Holdings Group Receivables Turnover Related Terms
Greenland Holdings Group Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Greenland Holdings Group'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.
Greenland Holdings Group Receivables Turnover Chart
SHSE:600606 vs CBRE, BEKE, JLL: Receivables Turnover Comparison
For the Real Estate Services subindustry, Greenland Holdings Group'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.
Greenland Holdings Group Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Greenland Holdings Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Greenland Holdings Group'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.
Greenland Holdings Group (SHSE:600606) has a Receivables Turnover of 0.42 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 Greenland Holdings Group and its competitors. According to the industry distribution chart, Greenland Holdings Group ranks #1386 out of 1667 companies in the Real Estate industry, placing it in the top 83.1%.
Is Greenland Holdings Group's Receivables Turnover too high?
Greenland Holdings Group's current Receivables Turnover is 0.42. The Real Estate industry median Receivables Turnover is 10.56. Greenland Holdings Group's value of 0.42 is 96% below this industry median. Based on the distribution chart, Greenland Holdings Group ranks #1386 out of 1667 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Greenland Holdings Group has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenland Holdings Group's Receivables Turnover compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Greenland Holdings Group ranks #1386 out of 1667 companies for Receivables Turnover. This places Greenland Holdings Group in the lower half of its industry. The industry median Receivables Turnover is 10.56. Greenland Holdings Group's value of 0.42 is 96% 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 10.56, based on 1,667 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. Greenland Holdings Group's current Receivables Turnover of 0.42 is 96% 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 Greenland Holdings Group and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenland Holdings Group's current Receivables Turnover is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Holdings Group stock overvalued right now?
Based on GuruFocus' analysis, Greenland Holdings Group (SHSE:600606) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.04, compared to a current price of ¥1.28 — trading 23.1% above its estimated fair value. The current Receivables Turnover is 0.42 and 96% below the Real Estate industry median of 10.56. Greenland Holdings Group's overall GF Score™ is 47/100 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 Greenland Holdings Group (SHSE:600606), the current Receivables Turnover is 0.42 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 Greenland Holdings Group (SHSE:600606) Overvalued in 2026?
Based on GuruFocus' analysis, Greenland Holdings Group stock appears to be overvalued.
The current stock price of ¥1.28 is trading 23.1% above its estimated GF Value™ of ¥1.04.
GuruFocus considers Greenland Holdings Group to be Modestly Overvalued.
Key valuation signals for SHSE:600606:
Receivables Turnover: 0.42
GF Value™: ¥1.04 vs. price of ¥1.28 (23.1% above fair value)
Industry Position: 96% below the Real Estate median (#1386 of 1667)
No single metric tells the full story. See the SHSE:600606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenland Holdings Group Corporation Ltd is a China-based company. The company is principally engaged in the business of industrial investment, real estate development, operation, leasing, replacement, residential and infrastructure construction, hotel management, urban rail transit projects, financial information services, greening projects, technical services in the energy field, property management.
47GF Score
Get the complete analysis for SHSE:600606
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600606 has been successfully added to your 
