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Zhejiang Weiming Environment Protection Co (SHSE:603568) 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.
Zhejiang Weiming Environment Protection Co Receivables Turnover Related Terms
Zhejiang Weiming Environment Protection 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.
Zhejiang Weiming Environment Protection Co Receivables Turnover Chart
Zhejiang Weiming Environment Protection Co Annual Data
SHSE:603568 vs WM, RSG, WCN: Receivables Turnover Comparison
For the Waste Management subindustry, Zhejiang Weiming Environment Protection 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.
Zhejiang Weiming Environment Protection Co Receivables Turnover vs Waste Management Industry
* 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.
Zhejiang Weiming Environment Protection Co (SHSE:603568) has a Receivables Turnover of 0.50 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 Zhejiang Weiming Environment Protection Co and its competitors. According to the industry distribution chart, Zhejiang Weiming Environment Protection Co ranks #193 out of 237 companies in the Waste Management industry, placing it in the top 81.4%.
Is Zhejiang Weiming Environment Protection Co's Receivables Turnover too high?
Zhejiang Weiming Environment Protection Co's current Receivables Turnover is 0.50. The Waste Management industry median Receivables Turnover is 4.86. Zhejiang Weiming Environment Protection Co's value of 0.50 is 89.7% below this industry median. Based on the distribution chart, Zhejiang Weiming Environment Protection Co ranks #193 out of 237 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Weiming Environment Protection Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Weiming Environment Protection Co's Receivables Turnover compare to WM and RSG?
According to the Waste Management industry distribution chart, Zhejiang Weiming Environment Protection Co ranks #193 out of 237 companies for Receivables Turnover. This places Zhejiang Weiming Environment Protection Co in the lower half of its industry. The industry median Receivables Turnover is 4.86. Zhejiang Weiming Environment Protection Co's value of 0.50 is 89.7% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.86, based on 237 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. Zhejiang Weiming Environment Protection Co's current Receivables Turnover of 0.50 is 89.7% 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 Zhejiang Weiming Environment Protection Co and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Weiming Environment Protection Co's current Receivables Turnover is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Weiming Environment Protection Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Weiming Environment Protection Co (SHSE:603568) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.34, compared to a current price of ¥14.54 — trading 1.4% above its estimated fair value. The current Receivables Turnover is 0.50 and 89.7% below the Waste Management industry median of 4.86. Zhejiang Weiming Environment Protection Co's overall GF Score™ is 89/100 with 7 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 Zhejiang Weiming Environment Protection Co (SHSE:603568), the current Receivables Turnover is 0.50 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 Zhejiang Weiming Environment Protection Co (SHSE:603568) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Weiming Environment Protection Co stock appears to be overvalued.
The current stock price of ¥14.54 is trading 1.4% above its estimated GF Value™ of ¥14.34.
GuruFocus considers Zhejiang Weiming Environment Protection Co to be Fairly Valued.
Key valuation signals for SHSE:603568:
Receivables Turnover: 0.50
GF Value™: ¥14.34 vs. price of ¥14.54 (1.4% above fair value)
Industry Position: 89.7% below the Waste Management median (#193 of 237)
No single metric tells the full story. See the SHSE:603568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Weiming Environment Protection Co Ltd is a China-based company engaged in the solid waste disposal business. It is focused on solid waste-related technological development, equipment manufacturing and sales, project investment, project construction, and operational management. The company is also engaged in waste incineration power generation projects. The company's products include waste incineration grates, boilers, and flue gas treatment systems.
89GF Score
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