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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. Shede Spirits Co's Revenue for the
three
months ended in Mar. 2026 was ¥1,481 Mil. Shede Spirits Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥349 Mil.
Hence, Shede Spirits Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 4.25.
Shede Spirits Co (SHSE:600702) 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.
Shede Spirits Co Receivables Turnover Related Terms
Shede Spirits Co Receivables Turnover Historical Data
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The historical data trend for Shede Spirits 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.
SHSE:600702 vs BF.B: Receivables Turnover Comparison
For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.
Shede Spirits Co Receivables Turnover vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shede Spirits 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.
Shede Spirits Co (SHSE:600702) has a Receivables Turnover of 4.25 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 Shede Spirits Co and its competitors. According to the industry distribution chart, Shede Spirits Co ranks #60 out of 209 companies in the Beverages - Alcoholic industry, placing it in the top 28.7%.
Is Shede Spirits Co's Receivables Turnover too high?
Shede Spirits Co's current Receivables Turnover is 4.25. The Beverages - Alcoholic industry median Receivables Turnover is 7.95. Shede Spirits Co's value of 4.25 is 46.5% below this industry median. Based on the distribution chart, Shede Spirits Co ranks #60 out of 209 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Shede Spirits Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shede Spirits Co's Receivables Turnover compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Shede Spirits Co ranks #60 out of 209 companies for Receivables Turnover. This puts Shede Spirits Co in the upper half of its industry. The industry median Receivables Turnover is 7.95. Shede Spirits Co's value of 4.25 is 46.5% 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 Beverages - Alcoholic company?
The median Receivables Turnover among Beverages - Alcoholic companies is 7.95, based on 209 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. Shede Spirits Co's current Receivables Turnover of 4.25 is 46.5% 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 Shede Spirits Co and its competitors. For the Beverages - Alcoholic industry, the median Receivables Turnover is 7.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shede Spirits Co's current Receivables Turnover is 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shede Spirits Co stock overvalued right now?
Based on GuruFocus' analysis, Shede Spirits Co (SHSE:600702) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥50.89, compared to a current price of ¥37.46 — trading 26.4% below its estimated fair value. The current Receivables Turnover is 4.25 and 46.5% below the Beverages - Alcoholic industry median of 7.95. Shede Spirits Co's overall GF Score™ is 80/100 with 10 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 Shede Spirits Co (SHSE:600702), the current Receivables Turnover is 4.25 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 Shede Spirits Co (SHSE:600702) Overvalued in 2026?
Based on GuruFocus' analysis, Shede Spirits Co stock appears to be undervalued.
The current stock price of ¥37.46 is trading 26.4% below its estimated GF Value™ of ¥50.89.
GuruFocus considers Shede Spirits Co to be Modestly Undervalued.
Key valuation signals for SHSE:600702:
Receivables Turnover: 4.25
GF Value™: ¥50.89 vs. price of ¥37.46 (26.4% below fair value)
Industry Position: 46.5% below the Beverages - Alcoholic median (#60 of 209)
No single metric tells the full story. See the SHSE:600702 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.
80GF Score
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