UE Furniture Co (SHSE:603600) Receivables Turnover: 2.27 (As of Jun. 2026)

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SHSE:603600 UE Furniture Co Ltd SHSE:603600
85 GF Score
Price ¥10.92
GF Value ¥13.20
Valuation Modestly Undervalued
! 3 Warning Signs
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What is UE Furniture Co Receivables Turnover?

UE Furniture Co SHSE:603600 +5.41% 85 Receivables Turnover is 2.27 as of Jun. 2026. GuruFocus rates SHSE:603600 with a GF Score™ of 85/100 and a GF Value™ of ¥13.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 430 Furnishings, Fixtures & Appliances companies, UE Furniture Co ranks better than 62.56% 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. UE Furniture Co's Revenue for the three months ended in Jun. 2026 was ¥1,397 Mil. UE Furniture Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥615 Mil. Hence, UE Furniture Co's Receivables Turnover for the three months ended in Jun. 2026 was 2.27.


UE Furniture Co  (SHSE:603600) 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.


UE Furniture Co Receivables Turnover Related Terms


UE Furniture Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for UE Furniture 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.

UE Furniture Co Receivables Turnover Chart

UE Furniture 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 7.38 8.16 7.17 7.75 7.46

UE Furniture 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 2.21 2.30 2.26 1.90 2.27

SHSE:603600 vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, UE Furniture 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.


UE Furniture Co Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, UE Furniture Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where UE Furniture Co's Receivables Turnover falls into.


SHSE:603600
85GF Score
UE Furniture Co Ltd SHSE:603600
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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UE Furniture Co Receivables Turnover Calculation

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

UE Furniture 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 )
=4881.936 / ((644.612 + 663.582) / 2 )
=4881.936 / 654.097
=7.46

UE Furniture 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 )
=1396.881 / ((537.528 + 693.179) / 2 )
=1396.881 / 615.3535
=2.27

* 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 2.27 mean?
UE Furniture Co (SHSE:603600) has a Receivables Turnover of 2.27 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 UE Furniture Co and its competitors. According to the industry distribution chart, UE Furniture Co ranks #161 out of 430 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 37.4%.
Is UE Furniture Co's Receivables Turnover too high?
UE Furniture Co's current Receivables Turnover is 2.27. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.10. UE Furniture Co's value of 2.27 is 68% below this industry median. Based on the distribution chart, UE Furniture Co ranks #161 out of 430 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, UE Furniture Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does UE Furniture Co's Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, UE Furniture Co ranks #161 out of 430 companies for Receivables Turnover. This puts UE Furniture Co in the upper half of its industry. The industry median Receivables Turnover is 7.10. UE Furniture Co's value of 2.27 is 68% 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 7.10, based on 430 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. UE Furniture Co's current Receivables Turnover of 2.27 is 68% 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 UE Furniture Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UE Furniture Co's current Receivables Turnover is 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UE Furniture Co stock overvalued right now?
Based on GuruFocus' analysis, UE Furniture Co (SHSE:603600) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.20, compared to a current price of ¥10.92 — trading 17.3% below its estimated fair value. The current Receivables Turnover is 2.27 and 68% below the Furnishings, Fixtures & Appliances industry median of 7.10. UE Furniture Co's overall GF Score™ is 85/100 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 UE Furniture Co (SHSE:603600), the current Receivables Turnover is 2.27 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 UE Furniture Co (SHSE:603600) Overvalued in 2026?

Based on GuruFocus' analysis, UE Furniture Co stock appears to be undervalued. The current stock price of ¥10.92 is trading 17.3% below its estimated GF Value™ of ¥13.20. GuruFocus considers UE Furniture Co to be Modestly Undervalued.

Key valuation signals for SHSE:603600:

  • Receivables Turnover: 2.27
  • GF Value™: ¥13.20 vs. price of ¥10.92 (17.3% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 68% below the Furnishings, Fixtures & Appliances median (#161 of 430)

No single metric tells the full story. See the SHSE:603600 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UE Furniture Co Business Description

Address No.1, Yongyi West Road, Dipu Town, Zhejiang Province, Huzhou, Anji County, CHN, 313300
UE Furniture Co Ltd is specialized in the research, development, production, and sales of seats. Its products involve office chairs and training, Training chairs, massage chairs, leisure chairs, children's chairs, partly functional seating metal parts sofas and functional seat accessories.
85GF Score

Get the complete analysis for SHSE:603600

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

¥10.92
Price
¥13.20
GF Value