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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 Join Buy Co's Revenue for the
three
months ended in Mar. 2026 was ¥23.43 Mil. Shanghai Join Buy Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥8.54 Mil.
Hence, Shanghai Join Buy Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.74.
Shanghai Join Buy Co (SHSE:600838) 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 Join Buy Co Receivables Turnover Related Terms
Shanghai Join Buy Co Receivables Turnover Historical Data
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The historical data trend for Shanghai Join Buy 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:600838 vs DDS: Receivables Turnover Comparison
For the Department Stores subindustry, Shanghai Join Buy 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 Join Buy Co Receivables Turnover vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Join Buy Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shanghai Join Buy 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 Join Buy Co (SHSE:600838) has a Receivables Turnover of 2.74 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 Join Buy Co and its competitors. According to the industry distribution chart, Shanghai Join Buy Co ranks #729 out of 1107 companies in the Retail - Cyclical industry, placing it in the top 65.9%.
Is Shanghai Join Buy Co's Receivables Turnover too high?
Shanghai Join Buy Co's current Receivables Turnover is 2.74. The Retail - Cyclical industry median Receivables Turnover is 20.24. Shanghai Join Buy Co's value of 2.74 is 86.5% below this industry median. Based on the distribution chart, Shanghai Join Buy Co ranks #729 out of 1107 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Shanghai Join Buy Co has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Join Buy Co's Receivables Turnover compare to DDS?
According to the Retail - Cyclical industry distribution chart, Shanghai Join Buy Co ranks #729 out of 1107 companies for Receivables Turnover. This places Shanghai Join Buy Co in the lower half of its industry. The industry median Receivables Turnover is 20.24. Shanghai Join Buy Co's value of 2.74 is 86.5% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 20.24, based on 1,107 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 Join Buy Co's current Receivables Turnover of 2.74 is 86.5% 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 Shanghai Join Buy Co and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 20.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Join Buy Co's current Receivables Turnover is 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Join Buy Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Join Buy Co (SHSE:600838) is currently considered Fairly Valued. The stock's GF Value™ is ¥8.96, compared to a current price of ¥8.31 — trading 7.3% below its estimated fair value. The current Receivables Turnover is 2.74 and 86.5% below the Retail - Cyclical industry median of 20.24. Shanghai Join Buy Co's overall GF Score™ is 60/100 with 2 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 Shanghai Join Buy Co (SHSE:600838), the current Receivables Turnover is 2.74 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 Join Buy Co (SHSE:600838) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Join Buy Co stock appears to be undervalued.
The current stock price of ¥8.31 is trading 7.3% below its estimated GF Value™ of ¥8.96.
GuruFocus considers Shanghai Join Buy Co to be Fairly Valued.
Key valuation signals for SHSE:600838:
Receivables Turnover: 2.74
GF Value™: ¥8.96 vs. price of ¥8.31 (7.3% below fair value)
Industry Position: 86.5% below the Retail - Cyclical median (#729 of 1107)
No single metric tells the full story. See the SHSE:600838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Join Buy Co Ltd owns and operates department stores in China. It focuses on production and sale of washing chemical products; clothing and textiles dyeing, ironing, weaving, and leather products care; wholesale of wine products; commercial property investment leasing management; and equity investment management.
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