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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. Shuifa Gas Co's Revenue for the
three
months ended in Jun. 2026 was ¥599 Mil. Shuifa Gas Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥306 Mil.
Hence, Shuifa Gas Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.96.
Shuifa Gas Co (SHSE:603318) 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.
Shuifa Gas Co Receivables Turnover Related Terms
Shuifa Gas Co Receivables Turnover Historical Data
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The historical data trend for Shuifa Gas 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.
SHSE:603318 vs SLB, BKR, HAL: Receivables Turnover Comparison
For the Oil & Gas Equipment & Services subindustry, Shuifa Gas 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.
Shuifa Gas Co Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Shuifa Gas Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shuifa Gas 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.
Shuifa Gas Co (SHSE:603318) has a Receivables Turnover of 1.96 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 Shuifa Gas Co and its competitors. According to the industry distribution chart, Shuifa Gas Co ranks #433 out of 901 companies in the Oil & Gas industry, placing it in the top 48.1%.
Is Shuifa Gas Co's Receivables Turnover too high?
Shuifa Gas Co's current Receivables Turnover is 1.96. The Oil & Gas industry median Receivables Turnover is 8.11. Shuifa Gas Co's value of 1.96 is 75.8% below this industry median. Based on the distribution chart, Shuifa Gas Co ranks #433 out of 901 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Shuifa Gas Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shuifa Gas Co's Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Shuifa Gas Co ranks #433 out of 901 companies for Receivables Turnover. This puts Shuifa Gas Co in the upper half of its industry. The industry median Receivables Turnover is 8.11. Shuifa Gas Co's value of 1.96 is 75.8% 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 an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 8.11, based on 901 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. Shuifa Gas Co's current Receivables Turnover of 1.96 is 75.8% 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 Shuifa Gas Co and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shuifa Gas Co's current Receivables Turnover is 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shuifa Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shuifa Gas Co (SHSE:603318) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.92, compared to a current price of ¥10.05 — trading 69.8% above its estimated fair value. The current Receivables Turnover is 1.96 and 75.8% below the Oil & Gas industry median of 8.11. Shuifa Gas Co's overall GF Score™ is 64/100 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 Shuifa Gas Co (SHSE:603318), the current Receivables Turnover is 1.96 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 Shuifa Gas Co (SHSE:603318) Overvalued in 2026?
Based on GuruFocus' analysis, Shuifa Gas Co stock appears to be overvalued.
The current stock price of ¥10.05 is trading 69.8% above its estimated GF Value™ of ¥5.92.
GuruFocus considers Shuifa Gas Co to be Significantly Overvalued.
Key valuation signals for SHSE:603318:
Receivables Turnover: 1.96
GF Value™: ¥5.92 vs. price of ¥10.05 (69.8% above fair value)
Industry Position: 75.8% below the Oil & Gas median (#433 of 901)
No single metric tells the full story. See the SHSE:603318 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shuifa Gas Co Ltd is engaged in the design, production, sales, and service of products related to gas transmission, distribution, and gas applications. Its business scope includes gas supply operations, hazardous chemicals trading, power generation, electricity transmission and distribution, and insurance agency services.
64GF Score
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