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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. HangZhou Nbond Nonwovens Co's Revenue for the
three
months ended in Jun. 2026 was ¥847 Mil. HangZhou Nbond Nonwovens Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥481 Mil.
Hence, HangZhou Nbond Nonwovens Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.76.
HangZhou Nbond Nonwovens Co (SHSE:603238) 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.
HangZhou Nbond Nonwovens Co Receivables Turnover Related Terms
HangZhou Nbond Nonwovens 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.
HangZhou Nbond Nonwovens Co Receivables Turnover Chart
HangZhou Nbond Nonwovens Co Receivables Turnover Competitor Comparison
For the Textile Manufacturing subindustry, HangZhou Nbond Nonwovens 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.
HangZhou Nbond Nonwovens Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, HangZhou Nbond Nonwovens Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where HangZhou Nbond Nonwovens 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.
HangZhou Nbond Nonwovens Co (SHSE:603238) 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 HangZhou Nbond Nonwovens Co and its competitors. According to the industry distribution chart, HangZhou Nbond Nonwovens Co ranks #519 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 50%.
Is HangZhou Nbond Nonwovens Co's Receivables Turnover too high?
HangZhou Nbond Nonwovens Co's current Receivables Turnover is 1.76. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.99. HangZhou Nbond Nonwovens Co's value of 1.76 is 74.8% below this industry median. Based on the distribution chart, HangZhou Nbond Nonwovens Co ranks #519 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, HangZhou Nbond Nonwovens Co has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HangZhou Nbond Nonwovens Co's Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, HangZhou Nbond Nonwovens Co ranks #519 out of 1039 companies for Receivables Turnover. This puts HangZhou Nbond Nonwovens Co in the upper half of its industry. The industry median Receivables Turnover is 6.99. HangZhou Nbond Nonwovens Co's value of 1.76 is 74.8% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.99, based on 1,039 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. HangZhou Nbond Nonwovens Co's current Receivables Turnover of 1.76 is 74.8% 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 HangZhou Nbond Nonwovens Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HangZhou Nbond Nonwovens 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 HangZhou Nbond Nonwovens Co stock overvalued right now?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co (SHSE:603238) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥20.40, compared to a current price of ¥12.44 — trading 39% below its estimated fair value. The current Receivables Turnover is 1.76 and 74.8% below the Manufacturing - Apparel & Accessories industry median of 6.99. HangZhou Nbond Nonwovens Co's overall GF Score™ is 65/100 with 5 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 HangZhou Nbond Nonwovens Co (SHSE:603238), 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 HangZhou Nbond Nonwovens Co (SHSE:603238) Overvalued in 2026?
Based on GuruFocus' analysis, HangZhou Nbond Nonwovens Co stock appears to be undervalued.
The current stock price of ¥12.44 is trading 39% below its estimated GF Value™ of ¥20.40.
GuruFocus considers HangZhou Nbond Nonwovens Co to be Significantly Undervalued.
Key valuation signals for SHSE:603238:
Receivables Turnover: 1.76
GF Value™: ¥20.40 vs. price of ¥12.44 (39% below fair value)
Industry Position: 74.8% below the Manufacturing - Apparel & Accessories median (#519 of 1039)
No single metric tells the full story. See the SHSE:603238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HangZhou Nbond Nonwovens Co Ltd is a China-based company engages in the production and sale of non-woven fabrics. The Company is a company specializing in the research and development, production and sales of differentiated and personalized spunlace nonwoven materials and their products. The spunlace nonwoven materials produced by the Company are mainly used in four product areas: beauty care, industrial materials, civil cleaning, and medical materials. The Company's products are divided into two categories: spunlace nonwoven materials and spunlace nonwoven material products.
65GF Score
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