Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) Receivables Turnover: 44.09 (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:603369 Jiangsu King's Luck Brewery Joint-Stock Co Ltd SHSE:603369
95 GF Score
Price ¥28.32
GF Value ¥38.02
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Jiangsu King's Luck Brewery Joint-Stock Co Receivables Turnover?

Jiangsu King's Luck Brewery Joint-Stock Co SHSE:603369 -0.53% 95 Receivables Turnover is 44.09 as of Jun. 2026. GuruFocus rates SHSE:603369 with a GF Score™ of 95/100 and a GF Value™ of ¥38.02 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 209 Beverages - Alcoholic companies, Jiangsu King's Luck Brewery Joint-Stock Co ranks better than 93.78% 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. Jiangsu King's Luck Brewery Joint-Stock Co's Revenue for the three months ended in Jun. 2026 was ¥2,113 Mil. Jiangsu King's Luck Brewery Joint-Stock Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥48 Mil. Hence, Jiangsu King's Luck Brewery Joint-Stock Co's Receivables Turnover for the three months ended in Jun. 2026 was 44.09.


Jiangsu King's Luck Brewery Joint-Stock Co  (SHSE:603369) 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.


Jiangsu King's Luck Brewery Joint-Stock Co Receivables Turnover Related Terms


Jiangsu King's Luck Brewery Joint-Stock Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Jiangsu King's Luck Brewery Joint-Stock 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.

Jiangsu King's Luck Brewery Joint-Stock Co Receivables Turnover Chart

Jiangsu King's Luck Brewery Joint-Stock 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 185.88 182.25 212.07 276.89 204.34

Jiangsu King's Luck Brewery Joint-Stock 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 34.73 34.98 21.00 76.02 44.09

SHSE:603369 vs BF.B: Receivables Turnover Comparison

For the Beverages - Wineries & Distilleries subindustry, Jiangsu King's Luck Brewery Joint-Stock 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.


Jiangsu King's Luck Brewery Joint-Stock Co Receivables Turnover vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jiangsu King's Luck Brewery Joint-Stock Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jiangsu King's Luck Brewery Joint-Stock Co's Receivables Turnover falls into.


SHSE:603369
95GF Score
Jiangsu King's Luck Brewery Joint-Stock Co Ltd SHSE:603369
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jiangsu King's Luck Brewery Joint-Stock Co Receivables Turnover Calculation

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

Jiangsu King's Luck Brewery Joint-Stock 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 )
=10182.116 / ((34.858 + 64.8) / 2 )
=10182.116 / 49.829
=204.34

Jiangsu King's Luck Brewery Joint-Stock 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 )
=2113.131 / ((48.917 + 46.943) / 2 )
=2113.131 / 47.93
=44.09

* 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 44.09 mean?
Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) has a Receivables Turnover of 44.09 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 Jiangsu King's Luck Brewery Joint-Stock Co and its competitors. According to the industry distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #13 out of 209 companies in the Beverages - Alcoholic industry, placing it in the top 6.2%.
Is Jiangsu King's Luck Brewery Joint-Stock Co's Receivables Turnover too high?
Jiangsu King's Luck Brewery Joint-Stock Co's current Receivables Turnover is 44.09. The Beverages - Alcoholic industry median Receivables Turnover is 8.00. Jiangsu King's Luck Brewery Joint-Stock Co's value of 44.09 is 451.1% above this industry median. Based on the distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #13 out of 209 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Jiangsu King's Luck Brewery Joint-Stock Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu King's Luck Brewery Joint-Stock Co's Receivables Turnover compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Jiangsu King's Luck Brewery Joint-Stock Co ranks #13 out of 209 companies for Receivables Turnover. This places Jiangsu King's Luck Brewery Joint-Stock Co in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 8.00. Jiangsu King's Luck Brewery Joint-Stock Co's value of 44.09 is 451.1% 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 a Beverages - Alcoholic company?
The median Receivables Turnover among Beverages - Alcoholic companies is 8.00, based on 209 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. Jiangsu King's Luck Brewery Joint-Stock Co's current Receivables Turnover of 44.09 is 451.1% 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 Jiangsu King's Luck Brewery Joint-Stock Co and its competitors. For the Beverages - Alcoholic industry, the median Receivables Turnover is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu King's Luck Brewery Joint-Stock Co's current Receivables Turnover is 44.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu King's Luck Brewery Joint-Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥38.02, compared to a current price of ¥28.32 — trading 25.5% below its estimated fair value. The current Receivables Turnover is 44.09 and 451.1% above the Beverages - Alcoholic industry median of 8.00. Jiangsu King's Luck Brewery Joint-Stock Co's overall GF Score™ is 95/100 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 Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369), the current Receivables Turnover is 44.09 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 Jiangsu King's Luck Brewery Joint-Stock Co (SHSE:603369) Overvalued in 2026?

Based on GuruFocus' analysis, Jiangsu King's Luck Brewery Joint-Stock Co stock appears to be undervalued. The current stock price of ¥28.32 is trading 25.5% below its estimated GF Value™ of ¥38.02. GuruFocus considers Jiangsu King's Luck Brewery Joint-Stock Co to be Modestly Undervalued.

Key valuation signals for SHSE:603369:

  • Receivables Turnover: 44.09
  • GF Value™: ¥38.02 vs. price of ¥28.32 (25.5% below fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 451.1% above the Beverages - Alcoholic median (#13 of 209)

No single metric tells the full story. See the SHSE:603369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jiangsu King's Luck Brewery Joint-Stock Co Business Description

Address No. 1, Jinshiyuan Avenue, Gaogou Town, Lianshui County, Jiangsu Province, Huaian, CHN, 223411
Jiangsu King's Luck Brewery Joint-Stock Co Ltd is a China-based company engaged in the manufacturing and distribution of liquor. The company markets its products under the Guoyuan, Jinshiyuan, and Gaogou brands. It also offers pre-packaged food. The company conducts its business mainly within Jiangsu province.
95GF Score

Get the complete analysis for SHSE:603369

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

¥28.32
Price
¥38.02
GF Value