China Aerospace Times Electronic Co (SHSE:600879) Receivables Turnover: 0.21 (As of Mar. 2026)

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SHSE:600879 China Aerospace Times Electronic Co Ltd SHSE:600879
53 GF Score
Price ¥15.89
GF Value ¥8.68
Valuation Significantly Overvalued
! 6 Warning Signs
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What is China Aerospace Times Electronic Co Receivables Turnover?

China Aerospace Times Electronic Co SHSE:600879 +0.57% 53 Receivables Turnover is 0.21 as of Mar. 2026. GuruFocus rates SHSE:600879 with a GF Score™ of 53/100 and a GF Value™ of ¥8.68 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 345 Aerospace & Defense companies, China Aerospace Times Electronic Co ranks worse than 86.96% 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. China Aerospace Times Electronic Co's Revenue for the three months ended in Mar. 2026 was ¥1,843 Mil. China Aerospace Times Electronic Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥8,966 Mil. Hence, China Aerospace Times Electronic Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.21.


China Aerospace Times Electronic Co  (SHSE:600879) 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.


China Aerospace Times Electronic Co Receivables Turnover Related Terms


China Aerospace Times Electronic Co Receivables Turnover Historical Data

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The historical data trend for China Aerospace Times Electronic 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.

China Aerospace Times Electronic Co Receivables Turnover Chart

China Aerospace Times Electronic Co 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 2.84 2.92 2.50 1.90 1.76

China Aerospace Times Electronic Co 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 0.23 0.47 0.29 0.52 0.21

SHSE:600879 vs SPCX, GE, RTX: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, China Aerospace Times Electronic 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.


China Aerospace Times Electronic Co Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China Aerospace Times Electronic Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Aerospace Times Electronic Co's Receivables Turnover falls into.


SHSE:600879
53GF Score
China Aerospace Times Electronic Co Ltd SHSE:600879
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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China Aerospace Times Electronic Co Receivables Turnover Calculation

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

China Aerospace Times Electronic Co'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 )
=13909.957 / ((6993.738 + 8833.883) / 2 )
=13909.957 / 7913.8105
=1.76

China Aerospace Times Electronic Co'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 )
=1842.771 / ((8833.883 + 9097.439) / 2 )
=1842.771 / 8965.661
=0.21

* 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 0.21 mean?
China Aerospace Times Electronic Co (SHSE:600879) has a Receivables Turnover of 0.21 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 China Aerospace Times Electronic Co and its competitors. According to the industry distribution chart, China Aerospace Times Electronic Co ranks #300 out of 345 companies in the Aerospace & Defense industry, placing it in the top 87%.
Is China Aerospace Times Electronic Co's Receivables Turnover too high?
China Aerospace Times Electronic Co's current Receivables Turnover is 0.21. The Aerospace & Defense industry median Receivables Turnover is 5.75. China Aerospace Times Electronic Co's value of 0.21 is 96.3% below this industry median. Based on the distribution chart, China Aerospace Times Electronic Co ranks #300 out of 345 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, China Aerospace Times Electronic Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Aerospace Times Electronic Co's Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, China Aerospace Times Electronic Co ranks #300 out of 345 companies for Receivables Turnover. This places China Aerospace Times Electronic Co in the lower half of its industry. The industry median Receivables Turnover is 5.75. China Aerospace Times Electronic Co's value of 0.21 is 96.3% 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.75, based on 345 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. China Aerospace Times Electronic Co's current Receivables Turnover of 0.21 is 96.3% 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 China Aerospace Times Electronic Co and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Aerospace Times Electronic Co's current Receivables Turnover is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Aerospace Times Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, China Aerospace Times Electronic Co (SHSE:600879) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.68, compared to a current price of ¥15.89 — trading 83.1% above its estimated fair value. The current Receivables Turnover is 0.21 and 96.3% below the Aerospace & Defense industry median of 5.75. China Aerospace Times Electronic Co's overall GF Score™ is 53/100 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 China Aerospace Times Electronic Co (SHSE:600879), the current Receivables Turnover is 0.21 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 China Aerospace Times Electronic Co (SHSE:600879) Overvalued in 2026?

Based on GuruFocus' analysis, China Aerospace Times Electronic Co stock appears to be overvalued. The current stock price of ¥15.89 is trading 83.1% above its estimated GF Value™ of ¥8.68. GuruFocus considers China Aerospace Times Electronic Co to be Significantly Overvalued.

Key valuation signals for SHSE:600879:

  • Receivables Turnover: 0.21
  • GF Value™: ¥8.68 vs. price of ¥15.89 (83.1% above fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 96.3% below the Aerospace & Defense median (#300 of 345)

No single metric tells the full story. See the SHSE:600879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Aerospace Times Electronic Co Business Description

Address Plant 22MB, High-Tech Park, Economic Technology Development District, Wuhan, CHN, 430056
China Aerospace Times Electronic Co Ltd is a China-based company. It engaged in the manufacturing and distribution of aerospace electronic products. Its products include satellite applications, inertial navigation, Integrated circuit, Drone.
53GF Score

Get the complete analysis for SHSE:600879

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

¥15.89
Price
¥8.68
GF Value