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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. Shanghai Material Trading Co's Revenue for the
three
months ended in Mar. 2026 was ¥358 Mil. Shanghai Material Trading Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥19 Mil.
Hence, Shanghai Material Trading Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 18.50.
Shanghai Material Trading Co (SHSE:600822) 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.
Shanghai Material Trading Co Receivables Turnover Related Terms
Shanghai Material Trading 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.
Shanghai Material Trading Co Receivables Turnover Chart
SHSE:600822 vs MMM, HON: Receivables Turnover Comparison
For the Conglomerates subindustry, Shanghai Material Trading 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.
Shanghai Material Trading Co Receivables Turnover vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Shanghai Material Trading Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shanghai Material Trading 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.
Shanghai Material Trading Co (SHSE:600822) has a Receivables Turnover of 18.50 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 Shanghai Material Trading Co and its competitors. According to the industry distribution chart, Shanghai Material Trading Co ranks #9 out of 532 companies in the Conglomerates industry, placing it in the top 1.7%.
Is Shanghai Material Trading Co's Receivables Turnover too high?
Shanghai Material Trading Co's current Receivables Turnover is 18.50. The Conglomerates industry median Receivables Turnover is 6.34. Shanghai Material Trading Co's value of 18.50 is 192% above this industry median. Based on the distribution chart, Shanghai Material Trading Co ranks #9 out of 532 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Material Trading Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Material Trading Co's Receivables Turnover compare to MMM and HON?
According to the Conglomerates industry distribution chart, Shanghai Material Trading Co ranks #9 out of 532 companies for Receivables Turnover. This places Shanghai Material Trading Co in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.34. Shanghai Material Trading Co's value of 18.50 is 192% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.34, based on 532 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. Shanghai Material Trading Co's current Receivables Turnover of 18.50 is 192% 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 Shanghai Material Trading Co and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Material Trading Co's current Receivables Turnover is 18.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Material Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Material Trading Co (SHSE:600822) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.76, compared to a current price of ¥8.46 — trading 46.9% above its estimated fair value. The current Receivables Turnover is 18.50 and 192% above the Conglomerates industry median of 6.34. Shanghai Material Trading Co's overall GF Score™ is 49/100 with 1 warning sign 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 Shanghai Material Trading Co (SHSE:600822), the current Receivables Turnover is 18.50 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 Shanghai Material Trading Co (SHSE:600822) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Material Trading Co stock appears to be overvalued.
The current stock price of ¥8.46 is trading 46.9% above its estimated GF Value™ of ¥5.76.
GuruFocus considers Shanghai Material Trading Co to be Significantly Overvalued.
Key valuation signals for SHSE:600822:
Receivables Turnover: 18.50
GF Value™: ¥5.76 vs. price of ¥8.46 (46.9% above fair value)
Industry Position: 192% above the Conglomerates median (#9 of 532)
No single metric tells the full story. See the SHSE:600822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Material Trading Co Ltd is principally engaged in the trading of metal, oil products and automobiles. The company operates its businesses in domestic and overseas markets. Its scopr of business include metal materials, mineral products, light chemical raw materials, building materials, wood, automobiles and accessories, mechanical and electrical equipment, fuel, hardware and electricity, textile Import and export trade business; warehousing, information consulting and technical services.
49GF Score
Get the complete analysis for SHSE:600822
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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