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. Ningbo Fubang High Tech Materials Co's Revenue for the
three
months ended in Jun. 2026 was ¥619 Mil. Ningbo Fubang High Tech Materials Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥274 Mil.
Hence, Ningbo Fubang High Tech Materials Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.26.
Ningbo Fubang High Tech Materials Co (SHSE:600768) 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.
Ningbo Fubang High Tech Materials Co Receivables Turnover Related Terms
Ningbo Fubang High Tech Materials 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.
Ningbo Fubang High Tech Materials Co Receivables Turnover Chart
SHSE:600768 vs AA: Receivables Turnover Comparison
For the Aluminum subindustry, Ningbo Fubang High Tech Materials 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.
Ningbo Fubang High Tech Materials Co Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ningbo Fubang High Tech Materials Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ningbo Fubang High Tech Materials 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.
Ningbo Fubang High Tech Materials Co (SHSE:600768) has a Receivables Turnover of 2.26 as of Jun. 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 Ningbo Fubang High Tech Materials Co and its competitors. According to the industry distribution chart, Ningbo Fubang High Tech Materials Co ranks #477 out of 782 companies in the Metals & Mining industry, placing it in the top 61%.
Is Ningbo Fubang High Tech Materials Co's Receivables Turnover too high?
Ningbo Fubang High Tech Materials Co's current Receivables Turnover is 2.26. The Metals & Mining industry median Receivables Turnover is 9.78. Ningbo Fubang High Tech Materials Co's value of 2.26 is 76.9% below this industry median. Based on the distribution chart, Ningbo Fubang High Tech Materials Co ranks #477 out of 782 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Ningbo Fubang High Tech Materials Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Fubang High Tech Materials Co's Receivables Turnover compare to AA?
According to the Metals & Mining industry distribution chart, Ningbo Fubang High Tech Materials Co ranks #477 out of 782 companies for Receivables Turnover. This places Ningbo Fubang High Tech Materials Co in the lower half of its industry. The industry median Receivables Turnover is 9.78. Ningbo Fubang High Tech Materials Co's value of 2.26 is 76.9% 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 Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.78, based on 782 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. Ningbo Fubang High Tech Materials Co's current Receivables Turnover of 2.26 is 76.9% 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 Ningbo Fubang High Tech Materials Co and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Fubang High Tech Materials Co's current Receivables Turnover is 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Fubang High Tech Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Fubang High Tech Materials Co (SHSE:600768) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.18, compared to a current price of ¥15.01 — trading 29.1% below its estimated fair value. The current Receivables Turnover is 2.26 and 76.9% below the Metals & Mining industry median of 9.78. Ningbo Fubang High Tech Materials Co's overall GF Score™ is 73/100 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 Ningbo Fubang High Tech Materials Co (SHSE:600768), the current Receivables Turnover is 2.26 as of Jun. 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 Ningbo Fubang High Tech Materials Co (SHSE:600768) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Fubang High Tech Materials Co stock appears to be undervalued.
The current stock price of ¥15.01 is trading 29.1% below its estimated GF Value™ of ¥21.18.
GuruFocus considers Ningbo Fubang High Tech Materials Co to be Modestly Undervalued.
Key valuation signals for SHSE:600768:
Receivables Turnover: 2.26
GF Value™: ¥21.18 vs. price of ¥15.01 (29.1% below fair value)
Industry Position: 76.9% below the Metals & Mining median (#477 of 782)
No single metric tells the full story. See the SHSE:600768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Fubang Jingye Group Co Ltd engages in the regional deep processing of industrial and civil aluminum profiles, and also engages in the trade of aluminum cast bars.
73GF Score
Get the complete analysis for SHSE:600768
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:600768 has been successfully added to your 
