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Tongkun Group CoSHSE:601233 -2.83%77 Receivables Turnover is 17.73 as of Mar. 2026. GuruFocus rates SHSE:601233 with a GF Score™ of 77/100 and a GF Value™ of ¥16.98 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, Tongkun Group Co ranks better than 98.64% 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. Tongkun Group Co's Revenue for the
three
months ended in Mar. 2026 was ¥23,361 Mil. Tongkun Group Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥1,318 Mil.
Hence, Tongkun Group Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 17.73.
Tongkun Group Co (SHSE:601233) 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.
Tongkun Group Co Receivables Turnover Related Terms
Tongkun Group Co Receivables Turnover Historical Data
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The historical data trend for Tongkun 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:601233 vs AIN: Receivables Turnover Comparison
For the Textile Manufacturing subindustry, Tongkun 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.
Tongkun Group Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tongkun Group Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tongkun 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.
Tongkun Group Co (SHSE:601233) has a Receivables Turnover of 17.73 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 Tongkun Group Co and its competitors. According to the industry distribution chart, Tongkun Group Co ranks #14 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1.4%.
Is Tongkun Group Co's Receivables Turnover too high?
Tongkun Group Co's current Receivables Turnover is 17.73. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Tongkun Group Co's value of 17.73 is 157.3% above this industry median. Based on the distribution chart, Tongkun Group Co ranks #14 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Tongkun Group Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tongkun Group Co's Receivables Turnover compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tongkun Group Co ranks #14 out of 1032 companies for Receivables Turnover. This places Tongkun Group Co in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.89. Tongkun Group Co's value of 17.73 is 157.3% above 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,032 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. Tongkun Group Co's current Receivables Turnover of 17.73 is 157.3% above 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 Tongkun Group Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongkun Group Co's current Receivables Turnover is 17.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongkun Group Co stock overvalued right now?
Based on GuruFocus' analysis, Tongkun Group Co (SHSE:601233) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.98, compared to a current price of ¥22.67 — trading 33.5% above its estimated fair value. The current Receivables Turnover is 17.73 and 157.3% above the Manufacturing - Apparel & Accessories industry median of 6.89. Tongkun Group Co's overall GF Score™ is 77/100 with 13 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 Tongkun Group Co (SHSE:601233), the current Receivables Turnover is 17.73 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 Tongkun Group Co (SHSE:601233) Overvalued in 2026?
Based on GuruFocus' analysis, Tongkun Group Co stock appears to be overvalued.
The current stock price of ¥22.67 is trading 33.5% above its estimated GF Value™ of ¥16.98.
GuruFocus considers Tongkun Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:601233:
Receivables Turnover: 17.73
GF Value™: ¥16.98 vs. price of ¥22.67 (33.5% above fair value)
Industry Position: 157.3% above the Manufacturing - Apparel & Accessories median (#14 of 1032)
No single metric tells the full story. See the SHSE:601233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongkun Group Co Ltd is a China-based company engaged in polyester and polyester filament yarn manufacturing. It offers various polyester filament yarns, such as a pre-oriented filament, draw textured yarns, polyester chips, and others under the GOLDENCOCK and Tong Kun brand names.
77GF Score
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