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Inner Mongolia Jinmei Chemical Technology Co (SHSE:600844) 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.
Inner Mongolia Jinmei Chemical Technology Co Receivables Turnover Related Terms
Inner Mongolia Jinmei Chemical Technology 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.
Inner Mongolia Jinmei Chemical Technology Co Receivables Turnover Chart
Inner Mongolia Jinmei Chemical Technology Co Annual Data
SHSE:600844 vs DOW: Receivables Turnover Comparison
For the Chemicals subindustry, Inner Mongolia Jinmei 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.
Inner Mongolia Jinmei Chemical Technology Co Receivables Turnover vs Chemicals Industry
* 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.
Inner Mongolia Jinmei Chemical Technology Co (SHSE:600844) has a Receivables Turnover of 119.37 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 Inner Mongolia Jinmei Chemical Technology Co and its competitors. According to the industry distribution chart, Inner Mongolia Jinmei Chemical Technology Co ranks #20 out of 1580 companies in the Chemicals industry, placing it in the top 1.3%.
Is Inner Mongolia Jinmei Chemical Technology Co's Receivables Turnover too high?
Inner Mongolia Jinmei Chemical Technology Co's current Receivables Turnover is 119.37. The Chemicals industry median Receivables Turnover is 5.64. Inner Mongolia Jinmei Chemical Technology Co's value of 119.37 is 2016.5% above this industry median. Based on the distribution chart, Inner Mongolia Jinmei Chemical Technology Co ranks #20 out of 1580 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Inner Mongolia Jinmei Chemical Technology Co has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inner Mongolia Jinmei Chemical Technology Co's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Inner Mongolia Jinmei Chemical Technology Co ranks #20 out of 1580 companies for Receivables Turnover. This places Inner Mongolia Jinmei Chemical Technology Co in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.64. Inner Mongolia Jinmei Chemical Technology Co's value of 119.37 is 2016.5% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.64, based on 1,580 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. Inner Mongolia Jinmei Chemical Technology Co's current Receivables Turnover of 119.37 is 2016.5% 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 Inner Mongolia Jinmei Chemical Technology Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inner Mongolia Jinmei Chemical Technology Co's current Receivables Turnover is 119.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner Mongolia Jinmei Chemical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Inner Mongolia Jinmei Chemical Technology Co (SHSE:600844) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥2.98, compared to a current price of ¥3.38 — trading 13.4% above its estimated fair value. The current Receivables Turnover is 119.37 and 2016.5% above the Chemicals industry median of 5.64. Inner Mongolia Jinmei Chemical Technology Co's overall GF Score™ is 44/100 with 6 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 Inner Mongolia Jinmei Chemical Technology Co (SHSE:600844), the current Receivables Turnover is 119.37 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 Inner Mongolia Jinmei Chemical Technology Co (SHSE:600844) Overvalued in 2026?
Based on GuruFocus' analysis, Inner Mongolia Jinmei Chemical Technology Co stock appears to be overvalued.
The current stock price of ¥3.38 is trading 13.4% above its estimated GF Value™ of ¥2.98.
GuruFocus considers Inner Mongolia Jinmei Chemical Technology Co to be Modestly Overvalued.
Key valuation signals for SHSE:600844:
Receivables Turnover: 119.37
GF Value™: ¥2.98 vs. price of ¥3.38 (13.4% above fair value)
Industry Position: 2016.5% above the Chemicals median (#20 of 1580)
No single metric tells the full story. See the SHSE:600844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Inner Mongolia Jinmei Chemical Technology Co Ltd Formerly Danhua Chemical Technology Co Ltd is a China-based company engaged in the manufacture and distribution of chemical products. At present, the company mainly produces ethylene glycol and oxalic acid from lignite through the coal-to-ethylene glycol chemical plant.
44GF Score
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