Changshu Tongrun Auto Accessory Co (SHSE:603201) Receivables Turnover: 1.11 (As of Mar. 2026)

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SHSE:603201 Changshu Tongrun Auto Accessory Co Ltd SHSE:603201
76 GF Score
Price ¥16.30
GF Value ¥20.51
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Changshu Tongrun Auto Accessory Co Receivables Turnover?

Changshu Tongrun Auto Accessory Co SHSE:603201 -2.40% 76 Receivables Turnover is 1.11 as of Mar. 2026. GuruFocus rates SHSE:603201 with a GF Score™ of 76/100 and a GF Value™ of ¥20.51 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,316 Vehicles & Parts companies, Changshu Tongrun Auto Accessory Co ranks worse than 65.27% 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. Changshu Tongrun Auto Accessory Co's Revenue for the three months ended in Mar. 2026 was ¥650 Mil. Changshu Tongrun Auto Accessory Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥586 Mil. Hence, Changshu Tongrun Auto Accessory Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.11.


Changshu Tongrun Auto Accessory Co  (SHSE:603201) 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.


Changshu Tongrun Auto Accessory Co Receivables Turnover Related Terms


Changshu Tongrun Auto Accessory Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Changshu Tongrun Auto Accessory 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.

Changshu Tongrun Auto Accessory Co Receivables Turnover Chart

Changshu Tongrun Auto Accessory Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 5.56 5.01 4.99 4.86 4.78

Changshu Tongrun Auto Accessory Co 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 1.03 1.22 1.22 1.29 1.11

SHSE:603201 vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, Changshu Tongrun Auto Accessory 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.


Changshu Tongrun Auto Accessory Co Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changshu Tongrun Auto Accessory Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Changshu Tongrun Auto Accessory Co's Receivables Turnover falls into.


SHSE:603201
76GF Score
Changshu Tongrun Auto Accessory Co Ltd SHSE:603201
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Changshu Tongrun Auto Accessory Co Receivables Turnover Calculation

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

Changshu Tongrun Auto Accessory 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 )
=3053.02 / ((638.005 + 639.424) / 2 )
=3053.02 / 638.7145
=4.78

Changshu Tongrun Auto Accessory Co'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 )
=650.048 / ((639.424 + 532.886) / 2 )
=650.048 / 586.155
=1.11

* 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 1.11 mean?
Changshu Tongrun Auto Accessory Co (SHSE:603201) has a Receivables Turnover of 1.11 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 Changshu Tongrun Auto Accessory Co and its competitors. According to the industry distribution chart, Changshu Tongrun Auto Accessory Co ranks #859 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 65.3%.
Is Changshu Tongrun Auto Accessory Co's Receivables Turnover too high?
Changshu Tongrun Auto Accessory Co's current Receivables Turnover is 1.11. The Vehicles & Parts industry median Receivables Turnover is 6.00. Changshu Tongrun Auto Accessory Co's value of 1.11 is 81.5% below this industry median. Based on the distribution chart, Changshu Tongrun Auto Accessory Co ranks #859 out of 1316 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Changshu Tongrun Auto Accessory Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Changshu Tongrun Auto Accessory Co's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Changshu Tongrun Auto Accessory Co ranks #859 out of 1316 companies for Receivables Turnover. This places Changshu Tongrun Auto Accessory Co in the lower half of its industry. The industry median Receivables Turnover is 6.00. Changshu Tongrun Auto Accessory Co's value of 1.11 is 81.5% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 6.00, based on 1,316 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. Changshu Tongrun Auto Accessory Co's current Receivables Turnover of 1.11 is 81.5% 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 Changshu Tongrun Auto Accessory Co and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changshu Tongrun Auto Accessory Co's current Receivables Turnover is 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changshu Tongrun Auto Accessory Co stock overvalued right now?
Based on GuruFocus' analysis, Changshu Tongrun Auto Accessory Co (SHSE:603201) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥20.51, compared to a current price of ¥16.30 — trading 20.5% below its estimated fair value. The current Receivables Turnover is 1.11 and 81.5% below the Vehicles & Parts industry median of 6.00. Changshu Tongrun Auto Accessory Co's overall GF Score™ is 76/100 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 Changshu Tongrun Auto Accessory Co (SHSE:603201), the current Receivables Turnover is 1.11 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 Changshu Tongrun Auto Accessory Co (SHSE:603201) Overvalued in 2026?

Based on GuruFocus' analysis, Changshu Tongrun Auto Accessory Co stock appears to be undervalued. The current stock price of ¥16.30 is trading 20.5% below its estimated GF Value™ of ¥20.51. GuruFocus considers Changshu Tongrun Auto Accessory Co to be Modestly Undervalued.

Key valuation signals for SHSE:603201:

  • Receivables Turnover: 1.11
  • GF Value™: ¥20.51 vs. price of ¥16.30 (20.5% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 81.5% below the Vehicles & Parts median (#859 of 1316)

No single metric tells the full story. See the SHSE:603201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Changshu Tongrun Auto Accessory Co Business Description

Address Xinlongteng Industrial Park, Economic Development Zone, Jiangsu Province, Changshu, CHN, 215500
Changshu Tongrun Auto Accessory Co Ltd is engaged in the research and development, manufacturing, and sales of various jacks and their extended products. The company's main products include commercial jacks, vehicle-mounted jacks, professional jacks, lifts, and other automotive maintenance equipment and tools.
76GF Score

Get the complete analysis for SHSE:603201

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

¥16.30
Price
¥20.51
GF Value