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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. Bafang Electric (Suzhou) Co's Revenue for the
three
months ended in Mar. 2026 was ¥375 Mil. Bafang Electric (Suzhou) Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥388 Mil.
Hence, Bafang Electric (Suzhou) Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.97.
Bafang Electric (Suzhou) Co (SHSE:603489) 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.
Bafang Electric (Suzhou) Co Receivables Turnover Related Terms
Bafang Electric (Suzhou) 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.
Bafang Electric (Suzhou) Co Receivables Turnover Chart
SHSE:603489 vs ORLY, AZO: Receivables Turnover Comparison
For the Auto Parts subindustry, Bafang Electric (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.
Bafang Electric (Suzhou) Co Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bafang Electric (Suzhou) Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Bafang Electric (Suzhou) 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.
Bafang Electric (Suzhou) Co (SHSE:603489) has a Receivables Turnover of 0.97 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 Bafang Electric (Suzhou) Co and its competitors. According to the industry distribution chart, Bafang Electric (Suzhou) Co ranks #1048 out of 1324 companies in the Vehicles & Parts industry, placing it in the top 79.2%.
Is Bafang Electric (Suzhou) Co's Receivables Turnover too high?
Bafang Electric (Suzhou) Co's current Receivables Turnover is 0.97. The Vehicles & Parts industry median Receivables Turnover is 6.00. Bafang Electric (Suzhou) Co's value of 0.97 is 83.8% below this industry median. Based on the distribution chart, Bafang Electric (Suzhou) Co ranks #1048 out of 1324 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Bafang Electric (Suzhou) Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bafang Electric (Suzhou) Co's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Bafang Electric (Suzhou) Co ranks #1048 out of 1324 companies for Receivables Turnover. This places Bafang Electric (Suzhou) Co in the lower half of its industry. The industry median Receivables Turnover is 6.00. Bafang Electric (Suzhou) Co's value of 0.97 is 83.8% 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 1,324 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. Bafang Electric (Suzhou) Co's current Receivables Turnover of 0.97 is 83.8% 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 Bafang Electric (Suzhou) Co 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. Bafang Electric (Suzhou) Co's current Receivables Turnover is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bafang Electric (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Bafang Electric (Suzhou) Co (SHSE:603489) is currently considered Fairly Valued. The stock's GF Value™ is ¥30.16, compared to a current price of ¥27.66 — trading 8.3% below its estimated fair value. The current Receivables Turnover is 0.97 and 83.8% below the Vehicles & Parts industry median of 6.00. Bafang Electric (Suzhou) Co's overall GF Score™ is 79/100 with 4 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 Bafang Electric (Suzhou) Co (SHSE:603489), the current Receivables Turnover is 0.97 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 Bafang Electric (Suzhou) Co (SHSE:603489) Overvalued in 2026?
Based on GuruFocus' analysis, Bafang Electric (Suzhou) Co stock appears to be undervalued.
The current stock price of ¥27.66 is trading 8.3% below its estimated GF Value™ of ¥30.16.
GuruFocus considers Bafang Electric (Suzhou) Co to be Fairly Valued.
Key valuation signals for SHSE:603489:
Receivables Turnover: 0.97
GF Value™: ¥30.16 vs. price of ¥27.66 (8.3% below fair value)
Industry Position: 83.8% below the Vehicles & Parts median (#1048 of 1324)
No single metric tells the full story. See the SHSE:603489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bafang Electric (Suzhou) Co Ltd is engaged in the production, sales and technical services of electric treadmill motors and supporting electrical systems. The systems are used for eBikes and electric scooters. The products are sold in Europe, China and the United States.
79GF Score
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