Square Technology Group Co (SHSE:603339) Receivables Turnover: 8.61 (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:603339 Square Technology Group Co Ltd SHSE:603339
73 GF Score
Price ¥13.91
GF Value ¥11.07
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Square Technology Group Co Receivables Turnover?

Square Technology Group Co SHSE:603339 -10.03% 73 Receivables Turnover is 8.61 as of Jun. 2026. GuruFocus rates SHSE:603339 with a GF Score™ of 73/100 and a GF Value™ of ¥11.07 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,046 Industrial Products companies, Square Technology Group Co ranks better than 98.85% 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. Square Technology Group Co's Revenue for the three months ended in Jun. 2026 was ¥514 Mil. Square Technology Group Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥60 Mil. Hence, Square Technology Group Co's Receivables Turnover for the three months ended in Jun. 2026 was 8.61.


Square Technology Group Co  (SHSE:603339) 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.


Square Technology Group Co Receivables Turnover Related Terms


Square Technology Group Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Square Technology Group 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.

Square Technology Group Co Receivables Turnover Chart

Square Technology Group 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 38.09 44.44 44.53 33.93 31.85

Square Technology Group 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 3.90 5.08 9.62 9.68 8.61

SHSE:603339 vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Square Technology Group 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.


Square Technology Group Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Square Technology Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Square Technology Group Co's Receivables Turnover falls into.


SHSE:603339
73GF Score
Square Technology Group Co Ltd SHSE:603339
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Square Technology Group Co Receivables Turnover Calculation

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

Square Technology Group 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 )
=1690.869 / ((60.119 + 46.068) / 2 )
=1690.869 / 53.0935
=31.85

Square Technology Group 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 )
=514.316 / ((47.114 + 72.291) / 2 )
=514.316 / 59.7025
=8.61

* 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 8.61 mean?
Square Technology Group Co (SHSE:603339) has a Receivables Turnover of 8.61 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 Square Technology Group Co and its competitors. According to the industry distribution chart, Square Technology Group Co ranks #35 out of 3046 companies in the Industrial Products industry, placing it in the top 1.1%.
Is Square Technology Group Co's Receivables Turnover too high?
Square Technology Group Co's current Receivables Turnover is 8.61. The Industrial Products industry median Receivables Turnover is 4.51. Square Technology Group Co's value of 8.61 is 90.9% above this industry median. Based on the distribution chart, Square Technology Group Co ranks #35 out of 3046 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Square Technology Group Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Square Technology Group Co's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Square Technology Group Co ranks #35 out of 3046 companies for Receivables Turnover. This places Square Technology Group Co in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.51. Square Technology Group Co's value of 8.61 is 90.9% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.51, based on 3,046 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. Square Technology Group Co's current Receivables Turnover of 8.61 is 90.9% 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 Square Technology Group Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Square Technology Group Co's current Receivables Turnover is 8.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Square Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Square Technology Group Co (SHSE:603339) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥11.07, compared to a current price of ¥13.91 — trading 25.7% above its estimated fair value. The current Receivables Turnover is 8.61 and 90.9% above the Industrial Products industry median of 4.51. Square Technology Group Co's overall GF Score™ is 73/100 with 6 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 Square Technology Group Co (SHSE:603339), the current Receivables Turnover is 8.61 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 Square Technology Group Co (SHSE:603339) Overvalued in 2026?

Based on GuruFocus' analysis, Square Technology Group Co stock appears to be overvalued. The current stock price of ¥13.91 is trading 25.7% above its estimated GF Value™ of ¥11.07. GuruFocus considers Square Technology Group Co to be Modestly Overvalued.

Key valuation signals for SHSE:603339:

  • Receivables Turnover: 8.61
  • GF Value™: ¥11.07 vs. price of ¥13.91 (25.7% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 90.9% above the Industrial Products median (#35 of 3046)

No single metric tells the full story. See the SHSE:603339 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Square Technology Group Co Business Description

Address No. 1180, Jianghai Avenue, Xingren Town, Tongzhou District, Jiangsu Province, Nantong, CHN, 226371
Square Technology Group Co Ltd engages in the manufacturing of cold chain food deep processing equipment, focusing on high-end intelligent equipment technology fields such as freezing and refrigeration, storage and transportation equipment, industrial heat exchange, and energy-saving panels, forming an industrial scale effect and gaining industrial competitive advantages.
73GF Score

Get the complete analysis for SHSE:603339

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

¥13.91
Price
¥11.07
GF Value