Cinderson Tech (Suzhou) Co (SHSE:603344) Receivables Turnover: 1.24 (As of Mar. 2026)

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SHSE:603344 Cinderson Tech (Suzhou) Co Ltd SHSE:603344
39 GF Score
Price ¥23.48
! 2 Warning Signs
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What is Cinderson Tech (Suzhou) Co Receivables Turnover?

Cinderson Tech (Suzhou) Co SHSE:603344 +1.47% 39 Receivables Turnover is 1.24 as of Mar. 2026. GuruFocus rates SHSE:603344 with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 3,043 Industrial Products companies, Cinderson Tech (Suzhou) Co ranks better than 61.39% 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. Cinderson Tech (Suzhou) Co's Revenue for the three months ended in Mar. 2026 was ¥601 Mil. Cinderson Tech (Suzhou) Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥485 Mil. Hence, Cinderson Tech (Suzhou) Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.24.


Cinderson Tech (Suzhou) Co  (SHSE:603344) 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.


Cinderson Tech (Suzhou) Co Receivables Turnover Related Terms


Cinderson Tech (Suzhou) Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Cinderson Tech (Suzhou) 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.

Cinderson Tech (Suzhou) Co Receivables Turnover Chart

Cinderson Tech (Suzhou) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 5.23 4.37 5.39 5.67 5.28

Cinderson Tech (Suzhou) Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.21 1.39 1.29 1.27 1.24

SHSE:603344 vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Cinderson Tech (Suzhou) 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.


Cinderson Tech (Suzhou) Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cinderson Tech (Suzhou) Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Cinderson Tech (Suzhou) Co's Receivables Turnover falls into.


SHSE:603344
39GF Score
Cinderson Tech (Suzhou) Co Ltd SHSE:603344
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cinderson Tech (Suzhou) Co Receivables Turnover Calculation

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

Cinderson Tech (Suzhou) 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 )
=2573.157 / ((469.072 + 505.587) / 2 )
=2573.157 / 487.3295
=5.28

Cinderson Tech (Suzhou) Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=600.874 / ((505.587 + 464.155) / 2 )
=600.874 / 484.871
=1.24

* 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 1.24 mean?
Cinderson Tech (Suzhou) Co (SHSE:603344) has a Receivables Turnover of 1.24 as of Mar. 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 Cinderson Tech (Suzhou) Co and its competitors. According to the industry distribution chart, Cinderson Tech (Suzhou) Co ranks #1175 out of 3043 companies in the Industrial Products industry, placing it in the top 38.6%.
Is Cinderson Tech (Suzhou) Co's Receivables Turnover too high?
Cinderson Tech (Suzhou) Co's current Receivables Turnover is 1.24. The Industrial Products industry median Receivables Turnover is 4.51. Cinderson Tech (Suzhou) Co's value of 1.24 is 72.5% below this industry median. Based on the distribution chart, Cinderson Tech (Suzhou) Co ranks #1175 out of 3043 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Cinderson Tech (Suzhou) Co has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Cinderson Tech (Suzhou) Co's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Cinderson Tech (Suzhou) Co ranks #1175 out of 3043 companies for Receivables Turnover. This puts Cinderson Tech (Suzhou) Co in the upper half of its industry. The industry median Receivables Turnover is 4.51. Cinderson Tech (Suzhou) Co's value of 1.24 is 72.5% 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 4.51, based on 3,043 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. Cinderson Tech (Suzhou) Co's current Receivables Turnover of 1.24 is 72.5% 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 Cinderson Tech (Suzhou) 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. Cinderson Tech (Suzhou) Co's current Receivables Turnover is 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cinderson Tech (Suzhou) Co stock overvalued right now?
Cinderson Tech (Suzhou) Co (SHSE:603344) has a current Receivables Turnover of 1.24. The current Receivables Turnover is 1.24 and 72.5% below the Industrial Products industry median of 4.51. Cinderson Tech (Suzhou) Co's overall GF Score™ is 39/100 with 2 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 Cinderson Tech (Suzhou) Co (SHSE:603344), the current Receivables Turnover is 1.24 as of Mar. 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.

Cinderson Tech (Suzhou) Co Business Description

Address Linbu Street, Weiting Street, No. 15, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215100
Cinderson Tech (Suzhou) Co Ltd is engaged in research and development, production and sales of micro motors and related products. Its products are mainly used in the field of cleaning electrical appliances represented by vacuum cleaners, and have been simultaneously developed to other terminal application fields such as power tools and garden tools. Its product category includes DC brushless motor, Ac series motor and Dc brush motor.
39GF Score

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