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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. Hexing Electrical Co's Revenue for the
three
months ended in Jun. 2026 was ¥1,262 Mil. Hexing Electrical Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥1,335 Mil.
Hence, Hexing Electrical Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.95.
Hexing Electrical Co (SHSE:603556) 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.
Hexing Electrical Co Receivables Turnover Related Terms
Hexing Electrical Co Receivables Turnover Historical Data
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The historical data trend for Hexing Electrical 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.
SHSE:603556 vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Hexing Electrical 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.
Hexing Electrical Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hexing Electrical Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hexing Electrical 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.
Hexing Electrical Co (SHSE:603556) has a Receivables Turnover of 0.95 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 Hexing Electrical Co and its competitors. According to the industry distribution chart, Hexing Electrical Co ranks #1885 out of 3045 companies in the Industrial Products industry, placing it in the top 61.9%.
Is Hexing Electrical Co's Receivables Turnover too high?
Hexing Electrical Co's current Receivables Turnover is 0.95. The Industrial Products industry median Receivables Turnover is 4.51. Hexing Electrical Co's value of 0.95 is 78.9% below this industry median. Based on the distribution chart, Hexing Electrical Co ranks #1885 out of 3045 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Hexing Electrical Co has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hexing Electrical Co's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hexing Electrical Co ranks #1885 out of 3045 companies for Receivables Turnover. This places Hexing Electrical Co in the lower half of its industry. The industry median Receivables Turnover is 4.51. Hexing Electrical Co's value of 0.95 is 78.9% 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 3,045 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. Hexing Electrical Co's current Receivables Turnover of 0.95 is 78.9% 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 Hexing Electrical 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. Hexing Electrical Co's current Receivables Turnover is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexing Electrical Co stock overvalued right now?
Based on GuruFocus' analysis, Hexing Electrical Co (SHSE:603556) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥39.14, compared to a current price of ¥24.67 — trading 37% below its estimated fair value. The current Receivables Turnover is 0.95 and 78.9% below the Industrial Products industry median of 4.51. Hexing Electrical Co's overall GF Score™ is 73/100 with 1 warning sign 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 Hexing Electrical Co (SHSE:603556), the current Receivables Turnover is 0.95 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 Hexing Electrical Co (SHSE:603556) Overvalued in 2026?
Based on GuruFocus' analysis, Hexing Electrical Co stock appears to be undervalued.
The current stock price of ¥24.67 is trading 37% below its estimated GF Value™ of ¥39.14.
GuruFocus considers Hexing Electrical Co to be Significantly Undervalued.
Key valuation signals for SHSE:603556:
Receivables Turnover: 0.95
GF Value™: ¥39.14 vs. price of ¥24.67 (37% below fair value)
Industry Position: 78.9% below the Industrial Products median (#1885 of 3045)
No single metric tells the full story. See the SHSE:603556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hexing Electrical Co Ltd is manufacturers and solution providers in smart metering products and systems. The company offers a product such as Gateway Communication Device, Smart Cluster Metering Cabinet, ANSI Meter Test Equipment, Conventional Meter Matrix and Smart Meter Matrix. Geographically operates through China.
73GF Score
Get the complete analysis for SHSE:603556
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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