Shanxi Luan Chemical Technology Co (SHSE:600691) Receivables Turnover: 2.28 (As of Mar. 2026)

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SHSE:600691 Shanxi Luan Chemical Technology Co Ltd SHSE:600691
50 GF Score
Price ¥2.51
GF Value ¥2.21
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Shanxi Luan Chemical Technology Co Receivables Turnover?

Shanxi Luan Chemical Technology Co SHSE:600691 -0.40% 50 Receivables Turnover is 2.28 as of Mar. 2026. GuruFocus rates SHSE:600691 with a GF Score™ of 50/100 and a GF Value™ of ¥2.21 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,581 Chemicals companies, Shanxi Luan Chemical Technology Co ranks better than 79.51% 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. Shanxi Luan Chemical Technology Co's Revenue for the three months ended in Mar. 2026 was ¥2,297 Mil. Shanxi Luan Chemical Technology Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥1,008 Mil. Hence, Shanxi Luan Chemical Technology Co's Receivables Turnover for the three months ended in Mar. 2026 was 2.28.


Shanxi Luan Chemical Technology Co  (SHSE:600691) 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.


Shanxi Luan Chemical Technology Co Receivables Turnover Related Terms


Shanxi Luan Chemical Technology Co Receivables Turnover Historical Data

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The historical data trend for Shanxi Luan Chemical Technology 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.

Shanxi Luan Chemical Technology Co Receivables Turnover Chart

Shanxi Luan Chemical Technology 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 14.23 15.10 14.74 11.97 9.93

Shanxi Luan Chemical Technology 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 2.21 2.56 2.32 2.26 2.28

SHSE:600691 vs DOW: Receivables Turnover Comparison

For the Chemicals subindustry, Shanxi Luan Chemical Technology 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.


Shanxi Luan Chemical Technology Co Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanxi Luan Chemical Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shanxi Luan Chemical Technology Co's Receivables Turnover falls into.


SHSE:600691
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Shanxi Luan Chemical Technology Co Ltd SHSE:600691
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanxi Luan Chemical Technology Co Receivables Turnover Calculation

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

Shanxi Luan Chemical Technology 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 )
=9845.293 / ((958.6 + 1024.687) / 2 )
=9845.293 / 991.6435
=9.93

Shanxi Luan Chemical Technology 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 )
=2296.916 / ((1024.687 + 990.583) / 2 )
=2296.916 / 1007.635
=2.28

* 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 2.28 mean?
Shanxi Luan Chemical Technology Co (SHSE:600691) has a Receivables Turnover of 2.28 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 Shanxi Luan Chemical Technology Co and its competitors. According to the industry distribution chart, Shanxi Luan Chemical Technology Co ranks #324 out of 1581 companies in the Chemicals industry, placing it in the top 20.5%.
Is Shanxi Luan Chemical Technology Co's Receivables Turnover too high?
Shanxi Luan Chemical Technology Co's current Receivables Turnover is 2.28. The Chemicals industry median Receivables Turnover is 5.65. Shanxi Luan Chemical Technology Co's value of 2.28 is 59.6% below this industry median. Based on the distribution chart, Shanxi Luan Chemical Technology Co ranks #324 out of 1581 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shanxi Luan Chemical Technology Co has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanxi Luan Chemical Technology Co's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Shanxi Luan Chemical Technology Co ranks #324 out of 1581 companies for Receivables Turnover. This places Shanxi Luan Chemical Technology Co in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.65. Shanxi Luan Chemical Technology Co's value of 2.28 is 59.6% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.65, based on 1,581 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. Shanxi Luan Chemical Technology Co's current Receivables Turnover of 2.28 is 59.6% 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 Shanxi Luan Chemical Technology Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanxi Luan Chemical Technology Co's current Receivables Turnover is 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanxi Luan Chemical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanxi Luan Chemical Technology Co (SHSE:600691) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.21, compared to a current price of ¥2.51 — trading 13.6% above its estimated fair value. The current Receivables Turnover is 2.28 and 59.6% below the Chemicals industry median of 5.65. Shanxi Luan Chemical Technology Co's overall GF Score™ is 50/100 with 4 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 Shanxi Luan Chemical Technology Co (SHSE:600691), the current Receivables Turnover is 2.28 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 Shanxi Luan Chemical Technology Co (SHSE:600691) Overvalued in 2026?

Based on GuruFocus' analysis, Shanxi Luan Chemical Technology Co stock appears to be overvalued. The current stock price of ¥2.51 is trading 13.6% above its estimated GF Value™ of ¥2.21. GuruFocus considers Shanxi Luan Chemical Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:600691:

  • Receivables Turnover: 2.28
  • GF Value™: ¥2.21 vs. price of ¥2.51 (13.6% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 59.6% below the Chemicals median (#324 of 1581)

No single metric tells the full story. See the SHSE:600691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanxi Luan Chemical Technology Co Business Description

Address No. 72 Shuangta West Street, Yingze District, Shanxi Province, Days Hotel Lu\'an, Taiyuan, CHN, 030006
Shanxi Luan Chemical Technology Co Ltd is engaged in Production and sales of coal chemical products (including agricultural chemical products, basic chemical products, fine chemical products) and chemical equipment, manufacturing of chemical machinery and equipment, research and development of chemical products, etc.
50GF Score

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

¥2.51
Price
¥2.21
GF Value