Nanjing Tanker (SHSE:601975) Receivables Turnover: 5.86 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:601975 Nanjing Tanker Corp SHSE:601975
87 GF Score
Price ¥3.67
GF Value ¥3.19
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Nanjing Tanker Receivables Turnover?

Nanjing Tanker SHSE:601975 +3.09% 87 Receivables Turnover is 5.86 as of Mar. 2026. GuruFocus rates SHSE:601975 with a GF Score™ of 87/100 and a GF Value™ of ¥3.19 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 901 Oil & Gas companies, Nanjing Tanker ranks better than 89.23% 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. Nanjing Tanker's Revenue for the three months ended in Mar. 2026 was ¥1,568 Mil. Nanjing Tanker's average Accounts Receivable for the three months ended in Mar. 2026 was ¥268 Mil. Hence, Nanjing Tanker's Receivables Turnover for the three months ended in Mar. 2026 was 5.86.


Nanjing Tanker  (SHSE:601975) 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.


Nanjing Tanker Receivables Turnover Related Terms


Nanjing Tanker Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nanjing Tanker'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.

Nanjing Tanker Receivables Turnover Chart

Nanjing Tanker 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 29.27 41.91 35.68 31.94 25.59

Nanjing Tanker 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 5.07 5.07 6.17 6.65 5.86

SHSE:601975 vs WMB, EPD, KMI: Receivables Turnover Comparison

For the Oil & Gas Midstream subindustry, Nanjing Tanker'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.


Nanjing Tanker Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nanjing Tanker's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nanjing Tanker's Receivables Turnover falls into.


SHSE:601975
87GF Score
Nanjing Tanker Corp SHSE:601975
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nanjing Tanker Receivables Turnover Calculation

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

Nanjing Tanker'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 )
=5819.541 / ((232.025 + 222.871) / 2 )
=5819.541 / 227.448
=25.59

Nanjing Tanker'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 )
=1568.48 / ((222.871 + 312.637) / 2 )
=1568.48 / 267.754
=5.86

* 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 5.86 mean?
Nanjing Tanker (SHSE:601975) has a Receivables Turnover of 5.86 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 Nanjing Tanker and its competitors. According to the industry distribution chart, Nanjing Tanker ranks #97 out of 901 companies in the Oil & Gas industry, placing it in the top 10.8%.
Is Nanjing Tanker's Receivables Turnover too high?
Nanjing Tanker's current Receivables Turnover is 5.86. The Oil & Gas industry median Receivables Turnover is 8.11. Nanjing Tanker's value of 5.86 is 27.7% below this industry median. Based on the distribution chart, Nanjing Tanker ranks #97 out of 901 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Nanjing Tanker has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nanjing Tanker's Receivables Turnover compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Nanjing Tanker ranks #97 out of 901 companies for Receivables Turnover. This places Nanjing Tanker in the top 11% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 8.11. Nanjing Tanker's value of 5.86 is 27.7% 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 an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 8.11, based on 901 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. Nanjing Tanker's current Receivables Turnover of 5.86 is 27.7% 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 Nanjing Tanker and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nanjing Tanker's current Receivables Turnover is 5.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanjing Tanker stock overvalued right now?
Based on GuruFocus' analysis, Nanjing Tanker (SHSE:601975) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥3.19, compared to a current price of ¥3.67 — trading 15% above its estimated fair value. The current Receivables Turnover is 5.86 and 27.7% below the Oil & Gas industry median of 8.11. Nanjing Tanker's overall GF Score™ is 87/100 with 1 warning sign 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 Nanjing Tanker (SHSE:601975), the current Receivables Turnover is 5.86 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 Nanjing Tanker (SHSE:601975) Overvalued in 2026?

Based on GuruFocus' analysis, Nanjing Tanker stock appears to be overvalued. The current stock price of ¥3.67 is trading 15% above its estimated GF Value™ of ¥3.19. GuruFocus considers Nanjing Tanker to be Modestly Overvalued.

Key valuation signals for SHSE:601975:

  • Receivables Turnover: 5.86
  • GF Value™: ¥3.19 vs. price of ¥3.67 (15% above fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 27.7% below the Oil & Gas median (#97 of 901)

No single metric tells the full story. See the SHSE:601975 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nanjing Tanker Business Description

Industry EnergyOil & Gas
Address No. 324 Zhongshan North Road, Youyun Building, Xiaguan District, Jiangsu, Nanjing, CHN, 210003
Nanjing Tanker Corp mainly engages in marine transportation in China. The company is also involved in ship construction and repairs, logistics and related support services.
87GF Score

Get the complete analysis for SHSE:601975

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

¥3.67
Price
¥3.19
GF Value