Zhejiang Baida Precision Manufacturing (SHSE:603331) Receivables Turnover: 0.84 (As of Jun. 2026)

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SHSE:603331 Zhejiang Baida Precision Manufacturing Corp SHSE:603331
67 GF Score
Price ¥12.54
GF Value ¥9.58
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Zhejiang Baida Precision Manufacturing Receivables Turnover?

Zhejiang Baida Precision Manufacturing SHSE:603331 -1.34% 67 Receivables Turnover is 0.84 as of Jun. 2026. GuruFocus rates SHSE:603331 with a GF Score™ of 67/100 and a GF Value™ of ¥9.58 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,317 Vehicles & Parts companies, Zhejiang Baida Precision Manufacturing ranks worse than 88% 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. Zhejiang Baida Precision Manufacturing's Revenue for the three months ended in Jun. 2026 was ¥357 Mil. Zhejiang Baida Precision Manufacturing's average Accounts Receivable for the three months ended in Jun. 2026 was ¥427 Mil. Hence, Zhejiang Baida Precision Manufacturing's Receivables Turnover for the three months ended in Jun. 2026 was 0.84.


Zhejiang Baida Precision Manufacturing  (SHSE:603331) 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.


Zhejiang Baida Precision Manufacturing Receivables Turnover Related Terms


Zhejiang Baida Precision Manufacturing Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zhejiang Baida Precision Manufacturing'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.

Zhejiang Baida Precision Manufacturing Receivables Turnover Chart

Zhejiang Baida Precision Manufacturing 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 3.85 4.09 4.30 3.79 3.28

Zhejiang Baida Precision Manufacturing 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 0.89 0.82 0.78 0.80 0.84

SHSE:603331 vs ORLY, AZO, GPC: Receivables Turnover Comparison

For the Auto Parts subindustry, Zhejiang Baida Precision Manufacturing'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.


Zhejiang Baida Precision Manufacturing Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Baida Precision Manufacturing's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhejiang Baida Precision Manufacturing's Receivables Turnover falls into.


SHSE:603331
67GF Score
Zhejiang Baida Precision Manufacturing Corp SHSE:603331
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Baida Precision Manufacturing Receivables Turnover Calculation

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

Zhejiang Baida Precision Manufacturing'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 )
=1408.696 / ((448.765 + 409.353) / 2 )
=1408.696 / 429.059
=3.28

Zhejiang Baida Precision Manufacturing'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 )
=357.41 / ((418.905 + 435.543) / 2 )
=357.41 / 427.224
=0.84

* 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 0.84 mean?
Zhejiang Baida Precision Manufacturing (SHSE:603331) has a Receivables Turnover of 0.84 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 Zhejiang Baida Precision Manufacturing and its competitors. According to the industry distribution chart, Zhejiang Baida Precision Manufacturing ranks #1159 out of 1317 companies in the Vehicles & Parts industry, placing it in the top 88%.
Is Zhejiang Baida Precision Manufacturing's Receivables Turnover too high?
Zhejiang Baida Precision Manufacturing's current Receivables Turnover is 0.84. The Vehicles & Parts industry median Receivables Turnover is 6.00. Zhejiang Baida Precision Manufacturing's value of 0.84 is 86% below this industry median. Based on the distribution chart, Zhejiang Baida Precision Manufacturing ranks #1159 out of 1317 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Baida Precision Manufacturing has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Baida Precision Manufacturing's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Zhejiang Baida Precision Manufacturing ranks #1159 out of 1317 companies for Receivables Turnover. This places Zhejiang Baida Precision Manufacturing in the lower half of its industry. The industry median Receivables Turnover is 6.00. Zhejiang Baida Precision Manufacturing's value of 0.84 is 86% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 6.00, based on 1,317 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. Zhejiang Baida Precision Manufacturing's current Receivables Turnover of 0.84 is 86% 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 Zhejiang Baida Precision Manufacturing and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Baida Precision Manufacturing's current Receivables Turnover is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Baida Precision Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Baida Precision Manufacturing (SHSE:603331) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥9.58, compared to a current price of ¥12.54 — trading 30.9% above its estimated fair value. The current Receivables Turnover is 0.84 and 86% below the Vehicles & Parts industry median of 6.00. Zhejiang Baida Precision Manufacturing's overall GF Score™ is 67/100 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 Zhejiang Baida Precision Manufacturing (SHSE:603331), the current Receivables Turnover is 0.84 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 Zhejiang Baida Precision Manufacturing (SHSE:603331) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Baida Precision Manufacturing stock appears to be overvalued. The current stock price of ¥12.54 is trading 30.9% above its estimated GF Value™ of ¥9.58. GuruFocus considers Zhejiang Baida Precision Manufacturing to be Significantly Overvalued.

Key valuation signals for SHSE:603331:

  • Receivables Turnover: 0.84
  • GF Value™: ¥9.58 vs. price of ¥12.54 (30.9% above fair value)
  • GF Score™: 67/100 with 9 warning signs
  • Industry Position: 86% below the Vehicles & Parts median (#1159 of 1317)

No single metric tells the full story. See the SHSE:603331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Baida Precision Manufacturing Business Description

Address Jingzhong Road, No. 28, Lane 908, Zhejiang Province, Taizhou, CHN, 318000
Zhejiang Baida Precision Manufacturing Corp is engaged in the research and development, manufacturing and sales of various compressor and auto parts. Its products include core components of the compressor - blades, balance blocks, and cross ring connectors as well as automotive parts - power generation claw pole, brake caliper piston, starter series (switch housing, static iron core, moving iron core, deceleration shaft), drive train columns (spline sleeves, spline shafts, ferrules), and steering series.
67GF Score

Get the complete analysis for SHSE:603331

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

¥12.54
Price
¥9.58
GF Value