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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. Ningbonxing Medical Electric Co's Revenue for the
three
months ended in Mar. 2026 was ¥3,237 Mil. Ningbonxing Medical Electric Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥2,875 Mil.
Hence, Ningbonxing Medical Electric Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.13.
Ningbonxing Medical Electric Co (SHSE:601567) 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.
Ningbonxing Medical Electric Co Receivables Turnover Related Terms
Ningbonxing Medical Electric Co 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.
Ningbonxing Medical Electric Co Receivables Turnover Chart
SHSE:601567 vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Ningbonxing Medical Electric 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.
Ningbonxing Medical Electric Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ningbonxing Medical Electric Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ningbonxing Medical Electric 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.
Ningbonxing Medical Electric Co (SHSE:601567) has a Receivables Turnover of 1.13 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 Ningbonxing Medical Electric Co and its competitors. According to the industry distribution chart, Ningbonxing Medical Electric Co ranks #1601 out of 3032 companies in the Industrial Products industry, placing it in the top 52.8%.
Is Ningbonxing Medical Electric Co's Receivables Turnover too high?
Ningbonxing Medical Electric Co's current Receivables Turnover is 1.13. The Industrial Products industry median Receivables Turnover is 4.49. Ningbonxing Medical Electric Co's value of 1.13 is 74.8% below this industry median. Based on the distribution chart, Ningbonxing Medical Electric Co ranks #1601 out of 3032 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ningbonxing Medical Electric Co has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbonxing Medical Electric Co's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbonxing Medical Electric Co ranks #1601 out of 3032 companies for Receivables Turnover. This places Ningbonxing Medical Electric Co in the lower half of its industry. The industry median Receivables Turnover is 4.49. Ningbonxing Medical Electric Co's value of 1.13 is 74.8% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.49, based on 3,032 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. Ningbonxing Medical Electric Co's current Receivables Turnover of 1.13 is 74.8% 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 Ningbonxing Medical Electric Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbonxing Medical Electric Co's current Receivables Turnover is 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbonxing Medical Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbonxing Medical Electric Co (SHSE:601567) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥28.63, compared to a current price of ¥15.28 — trading 46.6% below its estimated fair value. The current Receivables Turnover is 1.13 and 74.8% below the Industrial Products industry median of 4.49. Ningbonxing Medical Electric Co's overall GF Score™ is 71/100 with 3 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 Ningbonxing Medical Electric Co (SHSE:601567), the current Receivables Turnover is 1.13 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 Ningbonxing Medical Electric Co (SHSE:601567) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbonxing Medical Electric Co stock appears to be undervalued.
The current stock price of ¥15.28 is trading 46.6% below its estimated GF Value™ of ¥28.63.
GuruFocus considers Ningbonxing Medical Electric Co to be Significantly Undervalued.
Key valuation signals for SHSE:601567:
Receivables Turnover: 1.13
GF Value™: ¥28.63 vs. price of ¥15.28 (46.6% below fair value)
Industry Position: 74.8% below the Industrial Products median (#1601 of 3032)
No single metric tells the full story. See the SHSE:601567 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Sanxing Medical Electric Co Ltd operates in the electricity measurement industry. The product portfolio of the group includes the Meter box, Smart substation, Switchgear, Power distribution automation devices, and others. The company also operates in the Medical Service segment, which is mainly engaged in the construction, operation, investment, and acquisition of hospitals, as well as the finance leasing of hospitals, among others. It generates the majority of its revenue from the Intelligent power distribution segment.
71GF Score
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