Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Hangzhou Cable Co's Revenue for the
three
months ended in Jun. 2026 was ¥2,894 Mil. Hangzhou Cable Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥3,820 Mil.
Hence, Hangzhou Cable Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.76.
Hangzhou Cable Co (SHSE:603618) 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.
Hangzhou Cable Co Receivables Turnover Related Terms
Hangzhou Cable Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Hangzhou Cable 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:603618 vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Hangzhou Cable 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.
Hangzhou Cable Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hangzhou Cable Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hangzhou Cable 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.
Hangzhou Cable Co (SHSE:603618) has a Receivables Turnover of 0.76 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 Hangzhou Cable Co and its competitors. According to the industry distribution chart, Hangzhou Cable Co ranks #2451 out of 3046 companies in the Industrial Products industry, placing it in the top 80.5%.
Is Hangzhou Cable Co's Receivables Turnover too high?
Hangzhou Cable Co's current Receivables Turnover is 0.76. The Industrial Products industry median Receivables Turnover is 4.52. Hangzhou Cable Co's value of 0.76 is 83.2% below this industry median. Based on the distribution chart, Hangzhou Cable Co ranks #2451 out of 3046 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hangzhou Cable Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Cable Co's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hangzhou Cable Co ranks #2451 out of 3046 companies for Receivables Turnover. This places Hangzhou Cable Co in the lower half of its industry. The industry median Receivables Turnover is 4.52. Hangzhou Cable Co's value of 0.76 is 83.2% 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 4.52, based on 3,046 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. Hangzhou Cable Co's current Receivables Turnover of 0.76 is 83.2% 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 Hangzhou Cable Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Cable Co's current Receivables Turnover is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Cable Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Cable Co (SHSE:603618) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥7.76, compared to a current price of ¥40.71 — trading 424.6% above its estimated fair value. The current Receivables Turnover is 0.76 and 83.2% below the Industrial Products industry median of 4.52. Hangzhou Cable Co's overall GF Score™ is 50/100 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 Hangzhou Cable Co (SHSE:603618), the current Receivables Turnover is 0.76 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 Hangzhou Cable Co (SHSE:603618) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Cable Co stock appears to be overvalued.
The current stock price of ¥40.71 is trading 424.6% above its estimated GF Value™ of ¥7.76.
GuruFocus considers Hangzhou Cable Co to be Significantly Overvalued.
Key valuation signals for SHSE:603618:
Receivables Turnover: 0.76
GF Value™: ¥7.76 vs. price of ¥40.71 (424.6% above fair value)
Industry Position: 83.2% below the Industrial Products median (#2451 of 3046)
No single metric tells the full story. See the SHSE:603618 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Cable Co Ltd engaged in the research and development, manufacturing and sale of wire and cable. The Company researches develop, produces and markets EHV cables, plastic wire, rubber cable and aerial cable, Aluminium alloy, Power cable, Rubber sleeve cable, Overhead wire, Mining cable and Control cable.
50GF Score
Get the complete analysis for SHSE:603618
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603618 has been successfully added to your 
