Zhejiang Huangma Technology Co (SHSE:603181) Receivables Turnover: 1.76 (As of Jun. 2026)

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SHSE:603181 Zhejiang Huangma Technology Co Ltd SHSE:603181
88 GF Score
Price ¥12.67
GF Value ¥14.11
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Zhejiang Huangma Technology Co Receivables Turnover?

Zhejiang Huangma Technology Co SHSE:603181 -0.47% 88 Receivables Turnover is 1.76 as of Jun. 2026. GuruFocus rates SHSE:603181 with a GF Score™ of 88/100 and a GF Value™ of ¥14.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,583 Chemicals companies, Zhejiang Huangma Technology Co ranks better than 63.87% 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. Zhejiang Huangma Technology Co's Revenue for the three months ended in Jun. 2026 was ¥661 Mil. Zhejiang Huangma Technology Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥376 Mil. Hence, Zhejiang Huangma Technology Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.76.


Zhejiang Huangma Technology Co  (SHSE:603181) 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.


Zhejiang Huangma Technology Co Receivables Turnover Related Terms


Zhejiang Huangma Technology Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zhejiang Huangma Technology 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.

Zhejiang Huangma Technology Co Receivables Turnover Chart

Zhejiang Huangma Technology Co 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 9.87 9.73 8.06 7.90 7.21

Zhejiang Huangma Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.66 1.74 1.70 1.86 1.76

SHSE:603181 vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Zhejiang Huangma 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.


Zhejiang Huangma Technology Co Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Huangma Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhejiang Huangma Technology Co's Receivables Turnover falls into.


SHSE:603181
88GF Score
Zhejiang Huangma Technology Co Ltd SHSE:603181
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Huangma Technology Co Receivables Turnover Calculation

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

Zhejiang Huangma Technology Co'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 )
=2404.4 / ((340.517 + 326.065) / 2 )
=2404.4 / 333.291
=7.21

Zhejiang Huangma Technology Co's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=660.751 / ((380.048 + 371.783) / 2 )
=660.751 / 375.9155
=1.76

* 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 1.76 mean?
Zhejiang Huangma Technology Co (SHSE:603181) has a Receivables Turnover of 1.76 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 Zhejiang Huangma Technology Co and its competitors. According to the industry distribution chart, Zhejiang Huangma Technology Co ranks #572 out of 1583 companies in the Chemicals industry, placing it in the top 36.1%.
Is Zhejiang Huangma Technology Co's Receivables Turnover too high?
Zhejiang Huangma Technology Co's current Receivables Turnover is 1.76. The Chemicals industry median Receivables Turnover is 5.70. Zhejiang Huangma Technology Co's value of 1.76 is 69.1% below this industry median. Based on the distribution chart, Zhejiang Huangma Technology Co ranks #572 out of 1583 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zhejiang Huangma Technology Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Huangma Technology Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Zhejiang Huangma Technology Co ranks #572 out of 1583 companies for Receivables Turnover. This puts Zhejiang Huangma Technology Co in the upper half of its industry. The industry median Receivables Turnover is 5.70. Zhejiang Huangma Technology Co's value of 1.76 is 69.1% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.70, based on 1,583 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. Zhejiang Huangma Technology Co's current Receivables Turnover of 1.76 is 69.1% 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 Zhejiang Huangma Technology Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Huangma Technology Co's current Receivables Turnover is 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Huangma Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Huangma Technology Co (SHSE:603181) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.11, compared to a current price of ¥12.67 — trading 10.2% below its estimated fair value. The current Receivables Turnover is 1.76 and 69.1% below the Chemicals industry median of 5.70. Zhejiang Huangma Technology Co's overall GF Score™ is 88/100 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 Zhejiang Huangma Technology Co (SHSE:603181), the current Receivables Turnover is 1.76 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 Zhejiang Huangma Technology Co (SHSE:603181) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Huangma Technology Co stock appears to be undervalued. The current stock price of ¥12.67 is trading 10.2% below its estimated GF Value™ of ¥14.11. GuruFocus considers Zhejiang Huangma Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:603181:

  • Receivables Turnover: 1.76
  • GF Value™: ¥14.11 vs. price of ¥12.67 (10.2% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 69.1% below the Chemicals median (#572 of 1583)

No single metric tells the full story. See the SHSE:603181 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Huangma Technology Co Business Description

Address Zhangzhen Industrial New District, Shangyu District, Zhejiang Province, Shaoxing, CHN, 312363
Zhejiang Huangma Technology Co Ltd is focused on the development, production and sales of speciality surfactants. Its product offering includes more than 1,200 products in the chemical fibre Oil olate, printing and textile auxiliaries plate, lubricant and metalworking fluids plate, water reducing agent plate, coating plate, silicones surfactant plate, pesticide auxiliary plate, water treatment plate, personal care plate and other surfactant plates. The products are widely applied to silicone, lubricants and metal processing, environmentally friendly coatings, composite new materials, special fibres, agrochemical additives and other downstream areas.
88GF Score

Get the complete analysis for SHSE:603181

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

¥12.67
Price
¥14.11
GF Value