Ningbo Boway Alloy Material Co (SHSE:601137) Receivables Turnover: 2.13 (As of Mar. 2026)

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SHSE:601137 Ningbo Boway Alloy Material Co Ltd SHSE:601137
83 GF Score
Price ¥18.91
GF Value ¥19.03
Valuation Fairly Valued
! 7 Warning Signs
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What is Ningbo Boway Alloy Material Co Receivables Turnover?

Ningbo Boway Alloy Material Co SHSE:601137 +1.23% 83 Receivables Turnover is 2.13 as of Mar. 2026. GuruFocus rates SHSE:601137 with a GF Score™ of 83/100 and a GF Value™ of ¥19.03 (Fairly Valued). The stock has 7 warning signs investors should review. Among 782 Metals & Mining companies, Ningbo Boway Alloy Material Co ranks worse than 53.58% 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. Ningbo Boway Alloy Material Co's Revenue for the three months ended in Mar. 2026 was ¥5,661 Mil. Ningbo Boway Alloy Material Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥2,662 Mil. Hence, Ningbo Boway Alloy Material Co's Receivables Turnover for the three months ended in Mar. 2026 was 2.13.


Ningbo Boway Alloy Material Co  (SHSE:601137) 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 Boway Alloy Material Co Receivables Turnover Related Terms


Ningbo Boway Alloy Material Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ningbo Boway Alloy Material 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.

Ningbo Boway Alloy Material Co Receivables Turnover Chart

Ningbo Boway Alloy Material 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 9.49 10.62 11.37 9.58 8.91

Ningbo Boway Alloy Material 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 2.26 2.23 2.16 2.15 2.13

SHSE:601137 vs SCCO, FCX: Receivables Turnover Comparison

For the Copper subindustry, Ningbo Boway Alloy Material 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 Boway Alloy Material Co Receivables Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ningbo Boway Alloy Material Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ningbo Boway Alloy Material Co's Receivables Turnover falls into.


SHSE:601137
83GF Score
Ningbo Boway Alloy Material Co Ltd SHSE:601137
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Boway Alloy Material Co Receivables Turnover Calculation

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

Ningbo Boway Alloy Material 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 )
=20752.97 / ((2150.317 + 2510.334) / 2 )
=20752.97 / 2330.3255
=8.91

Ningbo Boway Alloy Material 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 )
=5660.89 / ((2510.334 + 2814.26) / 2 )
=5660.89 / 2662.297
=2.13

* 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 2.13 mean?
Ningbo Boway Alloy Material Co (SHSE:601137) has a Receivables Turnover of 2.13 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 Boway Alloy Material Co and its competitors. According to the industry distribution chart, Ningbo Boway Alloy Material Co ranks #419 out of 782 companies in the Metals & Mining industry, placing it in the top 53.6%.
Is Ningbo Boway Alloy Material Co's Receivables Turnover too high?
Ningbo Boway Alloy Material Co's current Receivables Turnover is 2.13. The Metals & Mining industry median Receivables Turnover is 9.57. Ningbo Boway Alloy Material Co's value of 2.13 is 77.7% below this industry median. Based on the distribution chart, Ningbo Boway Alloy Material Co ranks #419 out of 782 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Ningbo Boway Alloy Material Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Boway Alloy Material Co's Receivables Turnover compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ningbo Boway Alloy Material Co ranks #419 out of 782 companies for Receivables Turnover. This places Ningbo Boway Alloy Material Co in the lower half of its industry. The industry median Receivables Turnover is 9.57. Ningbo Boway Alloy Material Co's value of 2.13 is 77.7% 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 Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.57, based on 782 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 Boway Alloy Material Co's current Receivables Turnover of 2.13 is 77.7% 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 Ningbo Boway Alloy Material Co and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Boway Alloy Material Co's current Receivables Turnover is 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Boway Alloy Material Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co (SHSE:601137) is currently considered Fairly Valued. The stock's GF Value™ is ¥19.03, compared to a current price of ¥18.91 — trading 0.6% below its estimated fair value. The current Receivables Turnover is 2.13 and 77.7% below the Metals & Mining industry median of 9.57. Ningbo Boway Alloy Material Co's overall GF Score™ is 83/100 with 7 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 Boway Alloy Material Co (SHSE:601137), the current Receivables Turnover is 2.13 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 Boway Alloy Material Co (SHSE:601137) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Boway Alloy Material Co stock appears to be undervalued. The current stock price of ¥18.91 is trading 0.6% below its estimated GF Value™ of ¥19.03. GuruFocus considers Ningbo Boway Alloy Material Co to be Fairly Valued.

Key valuation signals for SHSE:601137:

  • Receivables Turnover: 2.13
  • GF Value™: ¥19.03 vs. price of ¥18.91 (0.6% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 77.7% below the Metals & Mining median (#419 of 782)

No single metric tells the full story. See the SHSE:601137 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Boway Alloy Material Co Business Description

Address Taiping Bridge, Yunlong Town, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315135
Ningbo Boway Alloy Material Co Ltd is engaged in researching, developing, producing and selling non-ferrous alloy materials in China and internationally. It offers environmental, high conductivity, special, bronze, nickel-silver, and brass alloy materials, as well as copper alloys; and high precision copper alloy strips. The company also offers copper-titanium-zirconium- zinc alloy materials; and energy products, such as monocrystalline black components, polycrystalline, and solar modules.
83GF Score

Get the complete analysis for SHSE:601137

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

¥18.91
Price
¥19.03
GF Value