Hoshine Silicon Industry Co (SHSE:603260) Receivables Turnover: 6.97 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603260 Hoshine Silicon Industry Co Ltd SHSE:603260
71 GF Score
Price ¥32.69
GF Value ¥43.97
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Hoshine Silicon Industry Co Receivables Turnover?

Hoshine Silicon Industry Co SHSE:603260 -0.61% 71 Receivables Turnover is 6.97 as of Jun. 2026. GuruFocus rates SHSE:603260 with a GF Score™ of 71/100 and a GF Value™ of ¥43.97 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,585 Chemicals companies, Hoshine Silicon Industry Co ranks better than 94.95% 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. Hoshine Silicon Industry Co's Revenue for the three months ended in Jun. 2026 was ¥5,155 Mil. Hoshine Silicon Industry Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥740 Mil. Hence, Hoshine Silicon Industry Co's Receivables Turnover for the three months ended in Jun. 2026 was 6.97.


Hoshine Silicon Industry Co  (SHSE:603260) 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.


Hoshine Silicon Industry Co Receivables Turnover Related Terms


Hoshine Silicon Industry Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hoshine Silicon Industry 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.

Hoshine Silicon Industry Co Receivables Turnover Chart

Hoshine Silicon Industry 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 40.35 42.77 31.37 29.72 35.51

Hoshine Silicon Industry 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 6.83 8.22 7.47 6.62 6.97

SHSE:603260 vs DOW: Receivables Turnover Comparison

For the Chemicals subindustry, Hoshine Silicon Industry 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.


Hoshine Silicon Industry Co Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hoshine Silicon Industry Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hoshine Silicon Industry Co's Receivables Turnover falls into.


SHSE:603260
71GF Score
Hoshine Silicon Industry Co Ltd SHSE:603260
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoshine Silicon Industry Co Receivables Turnover Calculation

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

Hoshine Silicon Industry 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 )
=20498.545 / ((440.558 + 714.009) / 2 )
=20498.545 / 577.2835
=35.51

Hoshine Silicon Industry 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 )
=5154.606 / ((799.404 + 680.071) / 2 )
=5154.606 / 739.7375
=6.97

* 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 6.97 mean?
Hoshine Silicon Industry Co (SHSE:603260) has a Receivables Turnover of 6.97 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 Hoshine Silicon Industry Co and its competitors. According to the industry distribution chart, Hoshine Silicon Industry Co ranks #80 out of 1585 companies in the Chemicals industry, placing it in the top 5%.
Is Hoshine Silicon Industry Co's Receivables Turnover too high?
Hoshine Silicon Industry Co's current Receivables Turnover is 6.97. The Chemicals industry median Receivables Turnover is 5.76. Hoshine Silicon Industry Co's value of 6.97 is 21% above this industry median. Based on the distribution chart, Hoshine Silicon Industry Co ranks #80 out of 1585 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hoshine Silicon Industry Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoshine Silicon Industry Co's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Hoshine Silicon Industry Co ranks #80 out of 1585 companies for Receivables Turnover. This places Hoshine Silicon Industry Co in the top 5% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.76. Hoshine Silicon Industry Co's value of 6.97 is 21% above 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 5.76, based on 1,585 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. Hoshine Silicon Industry Co's current Receivables Turnover of 6.97 is 21% above 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 Hoshine Silicon Industry Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoshine Silicon Industry Co's current Receivables Turnover is 6.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshine Silicon Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hoshine Silicon Industry Co (SHSE:603260) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥43.97, compared to a current price of ¥32.69 — trading 25.7% below its estimated fair value. The current Receivables Turnover is 6.97 and 21% above the Chemicals industry median of 5.76. Hoshine Silicon Industry Co's overall GF Score™ is 71/100 with 9 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 Hoshine Silicon Industry Co (SHSE:603260), the current Receivables Turnover is 6.97 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 Hoshine Silicon Industry Co (SHSE:603260) Overvalued in 2026?

Based on GuruFocus' analysis, Hoshine Silicon Industry Co stock appears to be undervalued. The current stock price of ¥32.69 is trading 25.7% below its estimated GF Value™ of ¥43.97. GuruFocus considers Hoshine Silicon Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:603260:

  • Receivables Turnover: 6.97
  • GF Value™: ¥43.97 vs. price of ¥32.69 (25.7% below fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 21% above the Chemicals median (#80 of 1585)

No single metric tells the full story. See the SHSE:603260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoshine Silicon Industry Co Business Description

Address No. 1988, North Third Ring Road East, 23-24th Floor, Building A, Hengyuan Plaza, Zhejiang Province, Ningbo, CHN, 315300
Hoshine Silicon Industry Co Ltd is engaged in research and development, production, and sales of new silicon-based materials such as industrial silicon and organic silicon. The company's main products include industrial silicon and organosilicon, as well as polysilicon products.
71GF Score

Get the complete analysis for SHSE:603260

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

¥32.69
Price
¥43.97
GF Value