Elegant Home-tech Co (SHSE:603221) Receivables Turnover: 2.71 (As of Mar. 2026)

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SHSE:603221 Elegant Home-tech Co Ltd SHSE:603221
68 GF Score
Price ¥26.20
GF Value ¥10.06
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Elegant Home-tech Co Receivables Turnover?

Elegant Home-tech Co SHSE:603221 -2.67% 68 Receivables Turnover is 2.71 as of Mar. 2026. GuruFocus rates SHSE:603221 with a GF Score™ of 68/100 and a GF Value™ of ¥10.06 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, Elegant Home-tech Co ranks better than 65.51% 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. Elegant Home-tech Co's Revenue for the three months ended in Mar. 2026 was ¥282 Mil. Elegant Home-tech Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥104 Mil. Hence, Elegant Home-tech Co's Receivables Turnover for the three months ended in Mar. 2026 was 2.71.


Elegant Home-tech Co  (SHSE:603221) 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.


Elegant Home-tech Co Receivables Turnover Related Terms


Elegant Home-tech Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Elegant Home-tech 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.

Elegant Home-tech Co Receivables Turnover Chart

Elegant Home-tech 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 6.11 5.41 5.80 5.42 7.24

Elegant Home-tech 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 1.66 1.49 2.58 2.69 2.71

SHSE:603221 vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Elegant Home-tech 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.


Elegant Home-tech Co Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Elegant Home-tech Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Elegant Home-tech Co's Receivables Turnover falls into.


SHSE:603221
68GF Score
Elegant Home-tech Co Ltd SHSE:603221
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Elegant Home-tech Co Receivables Turnover Calculation

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

Elegant Home-tech 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 )
=1126.531 / ((209.629 + 101.479) / 2 )
=1126.531 / 155.554
=7.24

Elegant Home-tech 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 )
=281.555 / ((101.479 + 106.342) / 2 )
=281.555 / 103.9105
=2.71

* 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 2.71 mean?
Elegant Home-tech Co (SHSE:603221) has a Receivables Turnover of 2.71 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 Elegant Home-tech Co and its competitors. According to the industry distribution chart, Elegant Home-tech Co ranks #149 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 34.5%.
Is Elegant Home-tech Co's Receivables Turnover too high?
Elegant Home-tech Co's current Receivables Turnover is 2.71. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.14. Elegant Home-tech Co's value of 2.71 is 62% below this industry median. Based on the distribution chart, Elegant Home-tech Co ranks #149 out of 432 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Elegant Home-tech Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elegant Home-tech Co's Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Elegant Home-tech Co ranks #149 out of 432 companies for Receivables Turnover. This puts Elegant Home-tech Co in the upper half of its industry. The industry median Receivables Turnover is 7.14. Elegant Home-tech Co's value of 2.71 is 62% 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.14, based on 432 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. Elegant Home-tech Co's current Receivables Turnover of 2.71 is 62% 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 Elegant Home-tech Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elegant Home-tech Co's current Receivables Turnover is 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elegant Home-tech Co stock overvalued right now?
Based on GuruFocus' analysis, Elegant Home-tech Co (SHSE:603221) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.06, compared to a current price of ¥26.20 — trading 160.4% above its estimated fair value. The current Receivables Turnover is 2.71 and 62% below the Furnishings, Fixtures & Appliances industry median of 7.14. Elegant Home-tech Co's overall GF Score™ is 68/100 with 10 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 Elegant Home-tech Co (SHSE:603221), the current Receivables Turnover is 2.71 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 Elegant Home-tech Co (SHSE:603221) Overvalued in 2026?

Based on GuruFocus' analysis, Elegant Home-tech Co stock appears to be overvalued. The current stock price of ¥26.20 is trading 160.4% above its estimated GF Value™ of ¥10.06. GuruFocus considers Elegant Home-tech Co to be Significantly Overvalued.

Key valuation signals for SHSE:603221:

  • Receivables Turnover: 2.71
  • GF Value™: ¥10.06 vs. price of ¥26.20 (160.4% above fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 62% below the Furnishings, Fixtures & Appliances median (#149 of 432)

No single metric tells the full story. See the SHSE:603221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elegant Home-tech Co Business Description

Address Hexing Street,Jinfeng Town, Jiangsu Province, Zhangjiagang, CHN, 215626
Elegant Home-tech Co Ltd formerly known as Zhangjiagang Elegant Home-Tech Co Ltd is a manufacturer of Vinyl Floor Tiles in China. The company has both residential and commercial collections with more than 1,000 patterns for customer characterized by the look and feel of natural wood, stone, ceramic & carpet. Its products range includes Vinyl planks in wooden designs, Vinyl planks In-registered, Vinyl tiles in stone, marble, granite designs, Vinyl tiles in Carpet design, and Anti slip & Solid color Vinyl tiles.
68GF Score

Get the complete analysis for SHSE:603221

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

¥26.20
Price
¥10.06
GF Value