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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. A-Zenith Home Furnishings Co's Revenue for the
three
months ended in Mar. 2026 was ¥116.1 Mil. A-Zenith Home Furnishings Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥109.5 Mil.
Hence, A-Zenith Home Furnishings Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.06.
A-Zenith Home Furnishings Co (SHSE:603389) 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.
A-Zenith Home Furnishings Co Receivables Turnover Related Terms
A-Zenith Home Furnishings Co Receivables Turnover Historical Data
* 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.
A-Zenith Home Furnishings Co Receivables Turnover Chart
SHSE:603389 vs SN, SGI, MHK: Receivables Turnover Comparison
For the Furnishings, Fixtures & Appliances subindustry, A-Zenith Home Furnishings 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.
A-Zenith Home Furnishings Co Receivables Turnover vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, A-Zenith Home Furnishings Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where A-Zenith Home Furnishings 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.
A-Zenith Home Furnishings Co (SHSE:603389) has a Receivables Turnover of 1.06 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 A-Zenith Home Furnishings Co and its competitors. According to the industry distribution chart, A-Zenith Home Furnishings Co ranks #237 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 55%.
Is A-Zenith Home Furnishings Co's Receivables Turnover too high?
A-Zenith Home Furnishings Co's current Receivables Turnover is 1.06. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.22. A-Zenith Home Furnishings Co's value of 1.06 is 85.3% below this industry median. Based on the distribution chart, A-Zenith Home Furnishings Co ranks #237 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, A-Zenith Home Furnishings Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A-Zenith Home Furnishings Co's Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, A-Zenith Home Furnishings Co ranks #237 out of 431 companies for Receivables Turnover. This places A-Zenith Home Furnishings Co in the lower half of its industry. The industry median Receivables Turnover is 7.22. A-Zenith Home Furnishings Co's value of 1.06 is 85.3% 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.22, based on 431 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. A-Zenith Home Furnishings Co's current Receivables Turnover of 1.06 is 85.3% 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 A-Zenith Home Furnishings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A-Zenith Home Furnishings Co's current Receivables Turnover is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A-Zenith Home Furnishings Co stock overvalued right now?
Based on GuruFocus' analysis, A-Zenith Home Furnishings Co (SHSE:603389) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.47, compared to a current price of ¥43.93 — trading 104.6% above its estimated fair value. The current Receivables Turnover is 1.06 and 85.3% below the Furnishings, Fixtures & Appliances industry median of 7.22. A-Zenith Home Furnishings Co's overall GF Score™ is 52/100 with 3 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 A-Zenith Home Furnishings Co (SHSE:603389), the current Receivables Turnover is 1.06 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.
Is A-Zenith Home Furnishings Co (SHSE:603389) Overvalued in 2026?
Based on GuruFocus' analysis, A-Zenith Home Furnishings Co stock appears to be overvalued.
The current stock price of ¥43.93 is trading 104.6% above its estimated GF Value™ of ¥21.47.
GuruFocus considers A-Zenith Home Furnishings Co to be Significantly Overvalued.
Key valuation signals for SHSE:603389:
Receivables Turnover: 1.06
GF Value™: ¥21.47 vs. price of ¥43.93 (104.6% above fair value)
Industry Position: 85.3% below the Furnishings, Fixtures & Appliances median (#237 of 431)
No single metric tells the full story. See the SHSE:603389 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
A-Zenith Home Furnishings Co Ltd is engaged in designing, manufacturing and selling of furniture. Its products include bedroom furniture, study furniture, restaurant furniture, and parlor furniture.
52GF Score
Get the complete analysis for SHSE:603389
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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