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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. Hainan Mining Co's Revenue for the
three
months ended in Mar. 2026 was ¥1,193 Mil. Hainan Mining Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥547 Mil.
Hence, Hainan Mining Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.18.
Hainan Mining Co (SHSE:601969) 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.
Hainan Mining Co Receivables Turnover Related Terms
Hainan Mining Co Receivables Turnover Historical Data
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The historical data trend for Hainan Mining 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:601969 vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Hainan Mining 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.
Hainan Mining Co Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Hainan Mining Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hainan Mining 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.
Hainan Mining Co (SHSE:601969) has a Receivables Turnover of 2.18 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 Hainan Mining Co and its competitors. According to the industry distribution chart, Hainan Mining Co ranks #274 out of 607 companies in the Steel industry, placing it in the top 45.1%.
Is Hainan Mining Co's Receivables Turnover too high?
Hainan Mining Co's current Receivables Turnover is 2.18. The Steel industry median Receivables Turnover is 7.23. Hainan Mining Co's value of 2.18 is 69.8% below this industry median. Based on the distribution chart, Hainan Mining Co ranks #274 out of 607 companies in the Steel industry, which is above the industry midpoint. Overall, Hainan Mining Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Mining Co's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Hainan Mining Co ranks #274 out of 607 companies for Receivables Turnover. This puts Hainan Mining Co in the upper half of its industry. The industry median Receivables Turnover is 7.23. Hainan Mining Co's value of 2.18 is 69.8% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.23, based on 607 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. Hainan Mining Co's current Receivables Turnover of 2.18 is 69.8% 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 Hainan Mining Co and its competitors. For the Steel industry, the median Receivables Turnover is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Mining Co's current Receivables Turnover is 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Mining Co (SHSE:601969) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.22, compared to a current price of ¥9.39 — trading 30.1% above its estimated fair value. The current Receivables Turnover is 2.18 and 69.8% below the Steel industry median of 7.23. Hainan Mining Co's overall GF Score™ is 69/100 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 Hainan Mining Co (SHSE:601969), the current Receivables Turnover is 2.18 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 Hainan Mining Co (SHSE:601969) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Mining Co stock appears to be overvalued.
The current stock price of ¥9.39 is trading 30.1% above its estimated GF Value™ of ¥7.22.
GuruFocus considers Hainan Mining Co to be Modestly Overvalued.
Key valuation signals for SHSE:601969:
Receivables Turnover: 2.18
GF Value™: ¥7.22 vs. price of ¥9.39 (30.1% above fair value)
Industry Position: 69.8% below the Steel median (#274 of 607)
No single metric tells the full story. See the SHSE:601969 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Mining Co Ltd is a China-based company engages in the business of iron ore mining. It offers a range of product that is lump ore, fine ore, and iron fine powder to iron and steel companies. It holds an interest in Shilu, a multi-metal and non-metallic mineral deposit located in China.
69GF Score
Get the complete analysis for SHSE:601969
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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