IKD Co (SHSE:600933) Receivables Turnover: 0.79 (As of Mar. 2026)

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SHSE:600933 IKD Co Ltd SHSE:600933
85 GF Score
Price ¥13.75
GF Value ¥22.77
Valuation Significantly Undervalued
! 5 Warning Signs
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What is IKD Co Receivables Turnover?

IKD Co SHSE:600933 +0.73% 85 Receivables Turnover is 0.79 as of Mar. 2026. GuruFocus rates SHSE:600933 with a GF Score™ of 85/100 and a GF Value™ of ¥22.77 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,318 Vehicles & Parts companies, IKD Co ranks worse than 85.58% 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. IKD Co's Revenue for the three months ended in Mar. 2026 was ¥1,922 Mil. IKD Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥2,441 Mil. Hence, IKD Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.79.


IKD Co  (SHSE:600933) 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.


IKD Co Receivables Turnover Related Terms


IKD Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for IKD 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.

IKD Co Receivables Turnover Chart

IKD 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 4.09 3.97 3.77 3.51 3.24

IKD 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 0.83 0.88 0.82 0.84 0.79

SHSE:600933 vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, IKD 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.


IKD Co Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, IKD Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where IKD Co's Receivables Turnover falls into.


SHSE:600933
85GF Score
IKD Co Ltd SHSE:600933
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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IKD Co Receivables Turnover Calculation

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

IKD 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 )
=7413.176 / ((2023.744 + 2549.085) / 2 )
=7413.176 / 2286.4145
=3.24

IKD 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 )
=1922.097 / ((2549.085 + 2333.751) / 2 )
=1922.097 / 2441.418
=0.79

* 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 0.79 mean?
IKD Co (SHSE:600933) has a Receivables Turnover of 0.79 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 IKD Co and its competitors. According to the industry distribution chart, IKD Co ranks #1128 out of 1318 companies in the Vehicles & Parts industry, placing it in the top 85.6%.
Is IKD Co's Receivables Turnover too high?
IKD Co's current Receivables Turnover is 0.79. The Vehicles & Parts industry median Receivables Turnover is 5.99. IKD Co's value of 0.79 is 86.8% below this industry median. Based on the distribution chart, IKD Co ranks #1128 out of 1318 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, IKD Co has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IKD Co's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, IKD Co ranks #1128 out of 1318 companies for Receivables Turnover. This places IKD Co in the lower half of its industry. The industry median Receivables Turnover is 5.99. IKD Co's value of 0.79 is 86.8% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,318 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. IKD Co's current Receivables Turnover of 0.79 is 86.8% 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 IKD Co and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IKD Co's current Receivables Turnover is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IKD Co stock overvalued right now?
Based on GuruFocus' analysis, IKD Co (SHSE:600933) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥22.77, compared to a current price of ¥13.75 — trading 39.6% below its estimated fair value. The current Receivables Turnover is 0.79 and 86.8% below the Vehicles & Parts industry median of 5.99. IKD Co's overall GF Score™ is 85/100 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 IKD Co (SHSE:600933), the current Receivables Turnover is 0.79 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 IKD Co (SHSE:600933) Overvalued in 2026?

Based on GuruFocus' analysis, IKD Co stock appears to be undervalued. The current stock price of ¥13.75 is trading 39.6% below its estimated GF Value™ of ¥22.77. GuruFocus considers IKD Co to be Significantly Undervalued.

Key valuation signals for SHSE:600933:

  • Receivables Turnover: 0.79
  • GF Value™: ¥22.77 vs. price of ¥13.75 (39.6% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 86.8% below the Vehicles & Parts median (#1128 of 1318)

No single metric tells the full story. See the SHSE:600933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IKD Co Business Description

Address No. 588 Jin Shan Road, Jiangbei Investment Pioneering Park, Zhejiang Province, Ningbo, CHN, 315033
IKD Co Ltd is engaged in manufacturing of aluminum die casting products. The company is mainly engaged in the research and development, production and sales of automotive aluminum alloy precision casting. The production process covers the whole process of the design and development of die-casting tooling, die casting, trimming, heat treatment, precision machining, surface treatment and assembly. Its main products include automotive wiper system, transmission system, steering system, engine system, air condition system, commercial vehicle braking system.
85GF Score

Get the complete analysis for SHSE:600933

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

¥13.75
Price
¥22.77
GF Value