CETC Chips Technology (SHSE:600877) Receivables Turnover: 0.15 (As of Mar. 2026)

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SHSE:600877 CETC Chips Technology Inc SHSE:600877
67 GF Score
Price ¥12.91
GF Value ¥9.50
Valuation Significantly Overvalued
! 3 Warning Signs
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What is CETC Chips Technology Receivables Turnover?

CETC Chips Technology SHSE:600877 -0.77% 67 Receivables Turnover is 0.15 as of Mar. 2026. GuruFocus rates SHSE:600877 with a GF Score™ of 67/100 and a GF Value™ of ¥9.50 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,018 Semiconductors companies, CETC Chips Technology ranks worse than 98.53% on this metric.

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. CETC Chips Technology's Revenue for the three months ended in Mar. 2026 was ¥156.5 Mil. CETC Chips Technology's average Accounts Receivable for the three months ended in Mar. 2026 was ¥1,014.1 Mil. Hence, CETC Chips Technology's Receivables Turnover for the three months ended in Mar. 2026 was 0.15.


CETC Chips Technology  (SHSE:600877) 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.


CETC Chips Technology Receivables Turnover Related Terms


CETC Chips Technology Receivables Turnover Historical Data

* Premium members only.

The historical data trend for CETC Chips Technology'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.

CETC Chips Technology Receivables Turnover Chart

CETC Chips Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 1.97 1.63 1.04 1.02

CETC Chips Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.24 0.19 0.37 0.15

SHSE:600877 vs NVDA, AVGO, MU: Receivables Turnover Comparison

For the Semiconductors subindustry, CETC Chips Technology'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.


CETC Chips Technology Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, CETC Chips Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CETC Chips Technology's Receivables Turnover falls into.


SHSE:600877
67GF Score
CETC Chips Technology Inc SHSE:600877
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CETC Chips Technology Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

CETC Chips Technology's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=1022.034 / ((998.519 + 1015.004) / 2 )
=1022.034 / 1006.7615
=1.02

CETC Chips Technology's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=156.534 / ((1015.004 + 1013.264) / 2 )
=156.534 / 1014.134
=0.15

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.15 mean?
CETC Chips Technology (SHSE:600877) has a Receivables Turnover of 0.15 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 CETC Chips Technology and its competitors. According to the industry distribution chart, CETC Chips Technology ranks #1003 out of 1018 companies in the Semiconductors industry, placing it in the top 98.5%.
Is CETC Chips Technology's Receivables Turnover too high?
CETC Chips Technology's current Receivables Turnover is 0.15. The Semiconductors industry median Receivables Turnover is 5.81. CETC Chips Technology's value of 0.15 is 97.4% below this industry median. Based on the distribution chart, CETC Chips Technology ranks #1003 out of 1018 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, CETC Chips Technology has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CETC Chips Technology's Receivables Turnover compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, CETC Chips Technology ranks #1003 out of 1018 companies for Receivables Turnover. This places CETC Chips Technology in the lower half of its industry. The industry median Receivables Turnover is 5.81. CETC Chips Technology's value of 0.15 is 97.4% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.81, based on 1,018 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. CETC Chips Technology's current Receivables Turnover of 0.15 is 97.4% 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 CETC Chips Technology and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CETC Chips Technology's current Receivables Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Chips Technology stock overvalued right now?
Based on GuruFocus' analysis, CETC Chips Technology (SHSE:600877) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.50, compared to a current price of ¥12.91 — trading 35.9% above its estimated fair value. The current Receivables Turnover is 0.15 and 97.4% below the Semiconductors industry median of 5.81. CETC Chips Technology's overall GF Score™ is 67/100 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 CETC Chips Technology (SHSE:600877), the current Receivables Turnover is 0.15 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 CETC Chips Technology (SHSE:600877) Overvalued in 2026?

Based on GuruFocus' analysis, CETC Chips Technology stock appears to be overvalued. The current stock price of ¥12.91 is trading 35.9% above its estimated GF Value™ of ¥9.50. GuruFocus considers CETC Chips Technology to be Significantly Overvalued.

Key valuation signals for SHSE:600877:

  • Receivables Turnover: 0.15
  • GF Value™: ¥9.50 vs. price of ¥12.91 (35.9% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 97.4% below the Semiconductors median (#1003 of 1018)

No single metric tells the full story. See the SHSE:600877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CETC Chips Technology Business Description

Address No. 111, Yongjia Avenue, Biquan Street, Bishan District, Chongqing, CHN, 401331
CETC Chips Technology Inc is engaged in the design, research and development, manufacture, testing and sales of silicon-based analog semiconductor chips and their application products.
67GF Score

Get the complete analysis for SHSE:600877

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥12.91
Price
¥9.50
GF Value