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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. Nanjing Chemical Fibre Co's Revenue for the
three
months ended in Mar. 2026 was ¥247.2 Mil. Nanjing Chemical Fibre Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥65.6 Mil.
Hence, Nanjing Chemical Fibre Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.77.
Nanjing Chemical Fibre Co (SHSE:600889) 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.
Nanjing Chemical Fibre Co Receivables Turnover Related Terms
Nanjing Chemical Fibre 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.
Nanjing Chemical Fibre Co Receivables Turnover Chart
SHSE:600889 vs DOW: Receivables Turnover Comparison
For the Chemicals subindustry, Nanjing Chemical Fibre 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.
Nanjing Chemical Fibre Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nanjing Chemical Fibre Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nanjing Chemical Fibre 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.
Nanjing Chemical Fibre Co (SHSE:600889) has a Receivables Turnover of 3.77 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 Nanjing Chemical Fibre Co and its competitors. According to the industry distribution chart, Nanjing Chemical Fibre Co ranks #376 out of 1578 companies in the Chemicals industry, placing it in the top 23.8%.
Is Nanjing Chemical Fibre Co's Receivables Turnover too high?
Nanjing Chemical Fibre Co's current Receivables Turnover is 3.77. The Chemicals industry median Receivables Turnover is 5.61. Nanjing Chemical Fibre Co's value of 3.77 is 32.7% below this industry median. Based on the distribution chart, Nanjing Chemical Fibre Co ranks #376 out of 1578 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nanjing Chemical Fibre Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Chemical Fibre Co's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Nanjing Chemical Fibre Co ranks #376 out of 1578 companies for Receivables Turnover. This places Nanjing Chemical Fibre Co in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.61. Nanjing Chemical Fibre Co's value of 3.77 is 32.7% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.61, based on 1,578 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. Nanjing Chemical Fibre Co's current Receivables Turnover of 3.77 is 32.7% 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 Nanjing Chemical Fibre Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Chemical Fibre Co's current Receivables Turnover is 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Chemical Fibre Co stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Chemical Fibre Co (SHSE:600889) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.72, compared to a current price of ¥13.79 — trading 141.1% above its estimated fair value. The current Receivables Turnover is 3.77 and 32.7% below the Chemicals industry median of 5.61. Nanjing Chemical Fibre Co's overall GF Score™ is 48/100 with 5 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 Nanjing Chemical Fibre Co (SHSE:600889), the current Receivables Turnover is 3.77 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 Nanjing Chemical Fibre Co (SHSE:600889) Overvalued in 2026?
Based on GuruFocus' analysis, Nanjing Chemical Fibre Co stock appears to be overvalued.
The current stock price of ¥13.79 is trading 141.1% above its estimated GF Value™ of ¥5.72.
GuruFocus considers Nanjing Chemical Fibre Co to be Significantly Overvalued.
Key valuation signals for SHSE:600889:
Receivables Turnover: 3.77
GF Value™: ¥5.72 vs. price of ¥13.79 (141.1% above fair value)
Industry Position: 32.7% below the Chemicals median (#376 of 1578)
No single metric tells the full story. See the SHSE:600889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanjing Chemical Fibre Co Ltd is a China-based company mainly engaged in the production and operation of viscose fiber and tap water. The company produces Jinling brand viscose fiber which is sold in China and exported to South Korea, Japan, Vietnam, Europe and the United States. Its water plant is located at Yanziji, Qixia District, Nanjing, and has a water supply capacity of approx. 150,000 tons/day. The company provides tap water service to enterprises in the economic and technological development zone and its surrounding factories and residential quarters.
48GF Score
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