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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. Techstorm Advanced Material's Revenue for the
three
months ended in Jun. 2026 was ¥1,124 Mil. Techstorm Advanced Material's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥1,318 Mil.
Hence, Techstorm Advanced Material's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.85.
Techstorm Advanced Material (SHSE:601026) 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.
Techstorm Advanced Material Receivables Turnover Related Terms
Techstorm Advanced Material 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.
Techstorm Advanced Material Receivables Turnover Chart
SHSE:601026 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Techstorm Advanced Material'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.
Techstorm Advanced Material Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Techstorm Advanced Material's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Techstorm Advanced Material'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.
Techstorm Advanced Material (SHSE:601026) has a Receivables Turnover of 0.85 as of Jun. 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 Techstorm Advanced Material and its competitors. According to the industry distribution chart, Techstorm Advanced Material ranks #1454 out of 1588 companies in the Chemicals industry, placing it in the top 91.6%.
Is Techstorm Advanced Material's Receivables Turnover too high?
Techstorm Advanced Material's current Receivables Turnover is 0.85. The Chemicals industry median Receivables Turnover is 5.77. Techstorm Advanced Material's value of 0.85 is 85.3% below this industry median. Based on the distribution chart, Techstorm Advanced Material ranks #1454 out of 1588 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Techstorm Advanced Material has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Techstorm Advanced Material's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Techstorm Advanced Material ranks #1454 out of 1588 companies for Receivables Turnover. This places Techstorm Advanced Material in the lower half of its industry. The industry median Receivables Turnover is 5.77. Techstorm Advanced Material's value of 0.85 is 85.3% 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 a Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.77, based on 1,588 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. Techstorm Advanced Material's current Receivables Turnover of 0.85 is 85.3% 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 Techstorm Advanced Material and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techstorm Advanced Material's current Receivables Turnover is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstorm Advanced Material stock overvalued right now?
Techstorm Advanced Material (SHSE:601026) has a current Receivables Turnover of 0.85. The current Receivables Turnover is 0.85 and 85.3% below the Chemicals industry median of 5.77. Techstorm Advanced Material's overall GF Score™ is 29/100 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 Techstorm Advanced Material (SHSE:601026), the current Receivables Turnover is 0.85 as of Jun. 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.
Techstorm Advanced Material Corp Ltd is engaged in the manufacturing and development of chemical products related to: Wind Energy, Composites, Automotive, Electric, and Photovoltaic. Its products are Adhesives (Onshore, Offshore), Various auxiliary adhesive systems, Gas cylinder wound resin, Cable mandrel pultrusion resin, Silicone sealant for solar photovoltaic modules, and Others.
29GF Score
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