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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. Jingjin Equipment's Revenue for the
three
months ended in Jun. 2026 was ¥1,401 Mil. Jingjin Equipment's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥1,017 Mil.
Hence, Jingjin Equipment's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.38.
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.
Jingjin Equipment Receivables Turnover Related Terms
Jingjin Equipment Receivables Turnover Historical Data
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The historical data trend for Jingjin Equipment'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.
SHSE:603279 vs VLTO, ZWS, CECO: Receivables Turnover Comparison
For the Pollution & Treatment Controls subindustry, Jingjin Equipment'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.
Jingjin Equipment Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jingjin Equipment's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Jingjin Equipment'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.
Jingjin Equipment (SHSE:603279) has a Receivables Turnover of 1.38 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 Jingjin Equipment and its competitors. According to the industry distribution chart, Jingjin Equipment ranks #443 out of 3047 companies in the Industrial Products industry, placing it in the top 14.5%.
Is Jingjin Equipment's Receivables Turnover too high?
Jingjin Equipment's current Receivables Turnover is 1.38. The Industrial Products industry median Receivables Turnover is 4.52. Jingjin Equipment's value of 1.38 is 69.5% below this industry median. Based on the distribution chart, Jingjin Equipment ranks #443 out of 3047 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Jingjin Equipment has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jingjin Equipment's Receivables Turnover compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Jingjin Equipment ranks #443 out of 3047 companies for Receivables Turnover. This places Jingjin Equipment in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.52. Jingjin Equipment's value of 1.38 is 69.5% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.52, based on 3,047 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. Jingjin Equipment's current Receivables Turnover of 1.38 is 69.5% 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 Jingjin Equipment and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jingjin Equipment's current Receivables Turnover is 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jingjin Equipment stock overvalued right now?
Based on GuruFocus' analysis, Jingjin Equipment (SHSE:603279) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥18.06, compared to a current price of ¥11.14 — trading 38.3% below its estimated fair value. The current Receivables Turnover is 1.38 and 69.5% below the Industrial Products industry median of 4.52. Jingjin Equipment's overall GF Score™ is 85/100 with 8 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 Jingjin Equipment (SHSE:603279), the current Receivables Turnover is 1.38 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 Jingjin Equipment (SHSE:603279) Overvalued in 2026?
Based on GuruFocus' analysis, Jingjin Equipment stock appears to be undervalued.
The current stock price of ¥11.14 is trading 38.3% below its estimated GF Value™ of ¥18.06.
GuruFocus considers Jingjin Equipment to be Significantly Undervalued.
Key valuation signals for SHSE:603279:
Receivables Turnover: 1.38
GF Value™: ¥18.06 vs. price of ¥11.14 (38.3% below fair value)
Industry Position: 69.5% below the Industrial Products median (#443 of 3047)
No single metric tells the full story. See the SHSE:603279 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jingjin Equipment Inc is an environmental protection service provider of filter outfit production, filter technology overall plan solution and environment protection project contraction and operation. The comapny is engaged in the development of energy conservation and environment protection career, providing consumers by cost-effective products and professional quality service. Its products include pressure filter, vibrating centrifuge, blender, conveyor, automatic reagent feeder, double drive thickener, mud scraper, and cake breaker.
85GF Score
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