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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. Shenzhen Goodix Technology Co's Revenue for the
three
months ended in Jun. 2026 was ¥1,094 Mil. Shenzhen Goodix Technology Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥557 Mil.
Hence, Shenzhen Goodix Technology Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.96.
Shenzhen Goodix Technology Co (SHSE:603160) 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.
Shenzhen Goodix Technology Co Receivables Turnover Related Terms
Shenzhen Goodix Technology 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.
Shenzhen Goodix Technology Co Receivables Turnover Chart
SHSE:603160 vs CRM, SHOP, UBER: Receivables Turnover Comparison
For the Software - Application subindustry, Shenzhen Goodix Technology 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.
Shenzhen Goodix Technology Co Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Shenzhen Goodix Technology Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shenzhen Goodix Technology 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.
Shenzhen Goodix Technology Co (SHSE:603160) has a Receivables Turnover of 1.96 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 Shenzhen Goodix Technology Co and its competitors. According to the industry distribution chart, Shenzhen Goodix Technology Co ranks #958 out of 2782 companies in the Software industry, placing it in the top 34.4%.
Is Shenzhen Goodix Technology Co's Receivables Turnover too high?
Shenzhen Goodix Technology Co's current Receivables Turnover is 1.96. The Software industry median Receivables Turnover is 6.05. Shenzhen Goodix Technology Co's value of 1.96 is 67.6% below this industry median. Based on the distribution chart, Shenzhen Goodix Technology Co ranks #958 out of 2782 companies in the Software industry, which is above the industry midpoint. Overall, Shenzhen Goodix Technology Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Goodix Technology Co's Receivables Turnover compare to CRM and SHOP?
According to the Software industry distribution chart, Shenzhen Goodix Technology Co ranks #958 out of 2782 companies for Receivables Turnover. This puts Shenzhen Goodix Technology Co in the upper half of its industry. The industry median Receivables Turnover is 6.05. Shenzhen Goodix Technology Co's value of 1.96 is 67.6% 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 Software company?
The median Receivables Turnover among Software companies is 6.05, based on 2,782 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. Shenzhen Goodix Technology Co's current Receivables Turnover of 1.96 is 67.6% 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 Shenzhen Goodix Technology Co and its competitors. For the Software industry, the median Receivables Turnover is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Goodix Technology Co's current Receivables Turnover is 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Goodix Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Goodix Technology Co (SHSE:603160) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥78.04, compared to a current price of ¥52.05 — trading 33.3% below its estimated fair value. The current Receivables Turnover is 1.96 and 67.6% below the Software industry median of 6.05. Shenzhen Goodix Technology Co's overall GF Score™ is 66/100 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 Shenzhen Goodix Technology Co (SHSE:603160), the current Receivables Turnover is 1.96 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 Shenzhen Goodix Technology Co (SHSE:603160) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Goodix Technology Co stock appears to be undervalued.
The current stock price of ¥52.05 is trading 33.3% below its estimated GF Value™ of ¥78.04.
GuruFocus considers Shenzhen Goodix Technology Co to be Significantly Undervalued.
Key valuation signals for SHSE:603160:
Receivables Turnover: 1.96
GF Value™: ¥78.04 vs. price of ¥52.05 (33.3% below fair value)
Industry Position: 67.6% below the Software median (#958 of 2782)
No single metric tells the full story. See the SHSE:603160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Goodix Technology Co Ltd is a China-based company mainly engaged in the research and development of chips. The company develops capacitive touch controllers and fingerprint recognition chips, serving applications in smart devices, IoT, and automotive electronics. It is also engaged in software development. The company's products and solutions are used by various mobile brands Huawei, OPPO, Vivo, Xiaomi, Amazon, Samsung, Dell, Nokia, LG, ASUS, and others.
66GF Score
Get the complete analysis for SHSE:603160
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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