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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. Ningbo Jintian Copper Group Co's Revenue for the
three
months ended in Jun. 2026 was ¥42,824 Mil. Ningbo Jintian Copper Group Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥11,028 Mil.
Hence, Ningbo Jintian Copper Group Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 3.88.
Ningbo Jintian Copper Group Co (SHSE:601609) 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 Jintian Copper Group Co Receivables Turnover Related Terms
Ningbo Jintian Copper Group 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.
Ningbo Jintian Copper Group Co Receivables Turnover Chart
SHSE:601609 vs SCCO, FCX: Receivables Turnover Comparison
For the Copper subindustry, Ningbo Jintian Copper 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.
Ningbo Jintian Copper Group Co Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ningbo Jintian Copper Group Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ningbo Jintian Copper 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.
Ningbo Jintian Copper Group Co (SHSE:601609) has a Receivables Turnover of 3.88 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 Ningbo Jintian Copper Group Co and its competitors. According to the industry distribution chart, Ningbo Jintian Copper Group Co ranks #278 out of 783 companies in the Metals & Mining industry, placing it in the top 35.5%.
Is Ningbo Jintian Copper Group Co's Receivables Turnover too high?
Ningbo Jintian Copper Group Co's current Receivables Turnover is 3.88. The Metals & Mining industry median Receivables Turnover is 9.50. Ningbo Jintian Copper Group Co's value of 3.88 is 59.2% below this industry median. Based on the distribution chart, Ningbo Jintian Copper Group Co ranks #278 out of 783 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Ningbo Jintian Copper Group Co has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Jintian Copper Group Co's Receivables Turnover compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Ningbo Jintian Copper Group Co ranks #278 out of 783 companies for Receivables Turnover. This puts Ningbo Jintian Copper Group Co in the upper half of its industry. The industry median Receivables Turnover is 9.50. Ningbo Jintian Copper Group Co's value of 3.88 is 59.2% 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 9.50, based on 783 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 Jintian Copper Group Co's current Receivables Turnover of 3.88 is 59.2% 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 Jintian Copper Group Co and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Jintian Copper Group Co's current Receivables Turnover is 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Jintian Copper Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co (SHSE:601609) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.68, compared to a current price of ¥13.23 — trading 72.3% above its estimated fair value. The current Receivables Turnover is 3.88 and 59.2% below the Metals & Mining industry median of 9.50. Ningbo Jintian Copper Group Co's overall GF Score™ is 79/100 with 9 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 Jintian Copper Group Co (SHSE:601609), the current Receivables Turnover is 3.88 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.
Is Ningbo Jintian Copper Group Co (SHSE:601609) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Jintian Copper Group Co stock appears to be overvalued.
The current stock price of ¥13.23 is trading 72.3% above its estimated GF Value™ of ¥7.68.
GuruFocus considers Ningbo Jintian Copper Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:601609:
Receivables Turnover: 3.88
GF Value™: ¥7.68 vs. price of ¥13.23 (72.3% above fair value)
Industry Position: 59.2% below the Metals & Mining median (#278 of 783)
No single metric tells the full story. See the SHSE:601609 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Jintian Copper Group Co Ltd is engaged in production and sales of recycled copper smelting, copper product processing, deep processing and sintered NdFeB permanent magnet materials. Its activity includes nonferrous and ferrous metal rolling, processing; manufacturing and processing of grinding wheels, wires, motors, hardware, valves, electronic components, fasteners; enameled wire, electrolytic copper, copper rods, plates, tapes, wires, tubes, magnetic materials, stainless steel products.
79GF Score
Get the complete analysis for SHSE:601609
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