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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. Xinjiang Joinworld Co's Revenue for the
three
months ended in Mar. 2026 was ¥1,788 Mil. Xinjiang Joinworld Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥517 Mil.
Hence, Xinjiang Joinworld Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.46.
Xinjiang Joinworld Co (SHSE:600888) 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.
Xinjiang Joinworld Co Receivables Turnover Related Terms
Xinjiang Joinworld Co Receivables Turnover Historical Data
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The historical data trend for Xinjiang Joinworld 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:600888 vs AA: Receivables Turnover Comparison
For the Aluminum subindustry, Xinjiang Joinworld 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.
Xinjiang Joinworld Co Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Xinjiang Joinworld Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Xinjiang Joinworld 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.
Xinjiang Joinworld Co (SHSE:600888) has a Receivables Turnover of 3.46 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 Xinjiang Joinworld Co and its competitors. According to the industry distribution chart, Xinjiang Joinworld Co ranks #304 out of 782 companies in the Metals & Mining industry, placing it in the top 38.9%.
Is Xinjiang Joinworld Co's Receivables Turnover too high?
Xinjiang Joinworld Co's current Receivables Turnover is 3.46. The Metals & Mining industry median Receivables Turnover is 9.57. Xinjiang Joinworld Co's value of 3.46 is 63.8% below this industry median. Based on the distribution chart, Xinjiang Joinworld Co ranks #304 out of 782 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Xinjiang Joinworld Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xinjiang Joinworld Co's Receivables Turnover compare to AA?
According to the Metals & Mining industry distribution chart, Xinjiang Joinworld Co ranks #304 out of 782 companies for Receivables Turnover. This puts Xinjiang Joinworld Co in the upper half of its industry. The industry median Receivables Turnover is 9.57. Xinjiang Joinworld Co's value of 3.46 is 63.8% 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 Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.57, based on 782 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. Xinjiang Joinworld Co's current Receivables Turnover of 3.46 is 63.8% 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 Xinjiang Joinworld Co and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xinjiang Joinworld Co's current Receivables Turnover is 3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xinjiang Joinworld Co stock overvalued right now?
Based on GuruFocus' analysis, Xinjiang Joinworld Co (SHSE:600888) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.91, compared to a current price of ¥10.20 — trading 29% above its estimated fair value. The current Receivables Turnover is 3.46 and 63.8% below the Metals & Mining industry median of 9.57. Xinjiang Joinworld Co's overall GF Score™ is 63/100 with 7 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 Xinjiang Joinworld Co (SHSE:600888), the current Receivables Turnover is 3.46 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 Xinjiang Joinworld Co (SHSE:600888) Overvalued in 2026?
Based on GuruFocus' analysis, Xinjiang Joinworld Co stock appears to be overvalued.
The current stock price of ¥10.20 is trading 29% above its estimated GF Value™ of ¥7.91.
GuruFocus considers Xinjiang Joinworld Co to be Modestly Overvalued.
Key valuation signals for SHSE:600888:
Receivables Turnover: 3.46
GF Value™: ¥7.91 vs. price of ¥10.20 (29% above fair value)
Industry Position: 63.8% below the Metals & Mining median (#304 of 782)
No single metric tells the full story. See the SHSE:600888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xinjiang Joinworld Co Ltd is a producer of high purity aluminum and electronic aluminum foil in China. The products are sold in domestic markets as well as in Japan, Europe, Southeast Asia and Taiwan.
63GF Score
Get the complete analysis for SHSE:600888
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