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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. Ningbo Energy Group Co's Revenue for the
three
months ended in Mar. 2026 was ¥1,070 Mil. Ningbo Energy Group Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥1,573 Mil.
Hence, Ningbo Energy Group Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.68.
Ningbo Energy Group Co (SHSE:600982) 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.
Ningbo Energy Group Co Receivables Turnover Related Terms
Ningbo Energy Group Co Receivables Turnover Historical Data
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The historical data trend for Ningbo Energy Group 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:600982 vs NEE, SO, DUK: Receivables Turnover Comparison
For the Utilities - Regulated Electric subindustry, Ningbo Energy Group 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.
Ningbo Energy Group Co Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Ningbo Energy Group Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ningbo Energy Group 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.
Ningbo Energy Group Co (SHSE:600982) has a Receivables Turnover of 0.68 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 Ningbo Energy Group Co and its competitors. According to the industry distribution chart, Ningbo Energy Group Co ranks #431 out of 496 companies in the Utilities - Regulated industry, placing it in the top 86.9%.
Is Ningbo Energy Group Co's Receivables Turnover too high?
Ningbo Energy Group Co's current Receivables Turnover is 0.68. The Utilities - Regulated industry median Receivables Turnover is 6.82. Ningbo Energy Group Co's value of 0.68 is 90% below this industry median. Based on the distribution chart, Ningbo Energy Group Co ranks #431 out of 496 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Ningbo Energy Group 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 Ningbo Energy Group Co's Receivables Turnover compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ningbo Energy Group Co ranks #431 out of 496 companies for Receivables Turnover. This places Ningbo Energy Group Co in the lower half of its industry. The industry median Receivables Turnover is 6.82. Ningbo Energy Group Co's value of 0.68 is 90% 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 Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.82, based on 496 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. Ningbo Energy Group Co's current Receivables Turnover of 0.68 is 90% 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 Ningbo Energy Group Co and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Energy Group Co's current Receivables Turnover is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Energy Group Co (SHSE:600982) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.40, compared to a current price of ¥5.04 — trading 48.2% above its estimated fair value. The current Receivables Turnover is 0.68 and 90% below the Utilities - Regulated industry median of 6.82. Ningbo Energy Group 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 Ningbo Energy Group Co (SHSE:600982), the current Receivables Turnover is 0.68 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 Ningbo Energy Group Co (SHSE:600982) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Energy Group Co stock appears to be overvalued.
The current stock price of ¥5.04 is trading 48.2% above its estimated GF Value™ of ¥3.40.
GuruFocus considers Ningbo Energy Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600982:
Receivables Turnover: 0.68
GF Value™: ¥3.40 vs. price of ¥5.04 (48.2% above fair value)
Industry Position: 90% below the Utilities - Regulated median (#431 of 496)
No single metric tells the full story. See the SHSE:600982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Energy Group Co Ltd is a China-based electricity producer. The company is engaged in the generation and distribution of electricity, heat, and ash. Its main business is cogeneration. The company conducts its business mainly in Beilun Chunxiao area and part of the heating area of Beilun City, Jinhua Jinxi Development Zone, and Yujiao Huangjiatun Town.
53GF Score
Get the complete analysis for SHSE:600982
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