Grandtop Yongxing Group Co (SHSE:601033) Receivables Turnover: 0.40 (As of Mar. 2026)

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SHSE:601033 Grandtop Yongxing Group Co Ltd SHSE:601033
37 GF Score
Price ¥14.22
! 5 Warning Signs
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What is Grandtop Yongxing Group Co Receivables Turnover?

Grandtop Yongxing Group Co SHSE:601033 -0.21% 37 Receivables Turnover is 0.40 as of Mar. 2026. GuruFocus rates SHSE:601033 with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 236 Waste Management companies, Grandtop Yongxing Group Co ranks worse than 80.08% 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. Grandtop Yongxing Group Co's Revenue for the three months ended in Mar. 2026 was ¥1,106 Mil. Grandtop Yongxing Group Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥2,800 Mil. Hence, Grandtop Yongxing Group Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.40.


Grandtop Yongxing Group Co  (SHSE:601033) 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.


Grandtop Yongxing Group Co Receivables Turnover Related Terms


Grandtop Yongxing Group Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Grandtop Yongxing 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.

Grandtop Yongxing Group Co Receivables Turnover Chart

Grandtop Yongxing Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 3.90 3.55 2.84 2.22 1.86

Grandtop Yongxing Group Co Quarterly Data
Dec19 Dec20 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 0.46 0.53 0.48 0.39 0.40

SHSE:601033 vs WM, RSG, WCN: Receivables Turnover Comparison

For the Waste Management subindustry, Grandtop Yongxing 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.


Grandtop Yongxing Group Co Receivables Turnover vs Waste Management Industry

For the Waste Management industry and Industrials sector, Grandtop Yongxing Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Grandtop Yongxing Group Co's Receivables Turnover falls into.


SHSE:601033
37GF Score
Grandtop Yongxing Group Co Ltd SHSE:601033
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Grandtop Yongxing Group Co Receivables Turnover Calculation

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

Grandtop Yongxing Group 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 )
=4287 / ((1921.04 + 2700.953) / 2 )
=4287 / 2310.9965
=1.86

Grandtop Yongxing Group 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 )
=1106.166 / ((2700.953 + 2899.559) / 2 )
=1106.166 / 2800.256
=0.40

* 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 0.40 mean?
Grandtop Yongxing Group Co (SHSE:601033) has a Receivables Turnover of 0.40 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 Grandtop Yongxing Group Co and its competitors. According to the industry distribution chart, Grandtop Yongxing Group Co ranks #189 out of 236 companies in the Waste Management industry, placing it in the top 80.1%.
Is Grandtop Yongxing Group Co's Receivables Turnover too high?
Grandtop Yongxing Group Co's current Receivables Turnover is 0.40. The Waste Management industry median Receivables Turnover is 4.87. Grandtop Yongxing Group Co's value of 0.40 is 91.8% below this industry median. Based on the distribution chart, Grandtop Yongxing Group Co ranks #189 out of 236 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Grandtop Yongxing Group Co has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Grandtop Yongxing Group Co's Receivables Turnover compare to WM and RSG?
According to the Waste Management industry distribution chart, Grandtop Yongxing Group Co ranks #189 out of 236 companies for Receivables Turnover. This places Grandtop Yongxing Group Co in the lower half of its industry. The industry median Receivables Turnover is 4.87. Grandtop Yongxing Group Co's value of 0.40 is 91.8% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.87, based on 236 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. Grandtop Yongxing Group Co's current Receivables Turnover of 0.40 is 91.8% 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 Grandtop Yongxing Group Co and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grandtop Yongxing Group Co's current Receivables Turnover is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandtop Yongxing Group Co stock overvalued right now?
Grandtop Yongxing Group Co (SHSE:601033) has a current Receivables Turnover of 0.40. The current Receivables Turnover is 0.40 and 91.8% below the Waste Management industry median of 4.87. Grandtop Yongxing Group Co's overall GF Score™ is 37/100 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 Grandtop Yongxing Group Co (SHSE:601033), the current Receivables Turnover is 0.40 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.

Grandtop Yongxing Group Co Business Description

Address No. 13-19, Ketai 2nd Road, Room 401-199, 4th Floor, Building 1, High-tech Zone, Industrial Innovation Park, Baiyun, Guangzhou Private Science and Technology Park, Guangzhou, Guangdong, CHN, 510540
Grandtop Yongxing Group Co Ltd is engaged in the waste incineration power generation business. The company focuses on clean energy production and focuses on the harmless, reduction, and resource utilization treatment of solid waste.
37GF Score

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