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Zhongman Petroleum And Natural Gas Group (SHSE:603619) 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.
Zhongman Petroleum And Natural Gas Group Receivables Turnover Related Terms
Zhongman Petroleum And Natural Gas Group 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.
Zhongman Petroleum And Natural Gas Group Receivables Turnover Chart
Zhongman Petroleum And Natural Gas Group Annual Data
SHSE:603619 vs XOM, CVX: Receivables Turnover Comparison
For the Oil & Gas Integrated subindustry, Zhongman Petroleum And Natural Gas Group'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.
Zhongman Petroleum And Natural Gas Group Receivables Turnover vs Oil & Gas 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.
Zhongman Petroleum And Natural Gas Group (SHSE:603619) has a Receivables Turnover of 1.54 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 Zhongman Petroleum And Natural Gas Group and its competitors. According to the industry distribution chart, Zhongman Petroleum And Natural Gas Group ranks #604 out of 898 companies in the Oil & Gas industry, placing it in the top 67.3%.
Is Zhongman Petroleum And Natural Gas Group's Receivables Turnover too high?
Zhongman Petroleum And Natural Gas Group's current Receivables Turnover is 1.54. The Oil & Gas industry median Receivables Turnover is 8.01. Zhongman Petroleum And Natural Gas Group's value of 1.54 is 80.8% below this industry median. Based on the distribution chart, Zhongman Petroleum And Natural Gas Group ranks #604 out of 898 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Zhongman Petroleum And Natural Gas Group has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhongman Petroleum And Natural Gas Group's Receivables Turnover compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Zhongman Petroleum And Natural Gas Group ranks #604 out of 898 companies for Receivables Turnover. This places Zhongman Petroleum And Natural Gas Group in the lower half of its industry. The industry median Receivables Turnover is 8.01. Zhongman Petroleum And Natural Gas Group's value of 1.54 is 80.8% 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 an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 8.01, based on 898 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. Zhongman Petroleum And Natural Gas Group's current Receivables Turnover of 1.54 is 80.8% 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 Zhongman Petroleum And Natural Gas Group and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongman Petroleum And Natural Gas Group's current Receivables Turnover is 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongman Petroleum And Natural Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Zhongman Petroleum And Natural Gas Group (SHSE:603619) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥17.15, compared to a current price of ¥21.94 — trading 27.9% above its estimated fair value. The current Receivables Turnover is 1.54 and 80.8% below the Oil & Gas industry median of 8.01. Zhongman Petroleum And Natural Gas Group's overall GF Score™ is 80/100 with 9 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 Zhongman Petroleum And Natural Gas Group (SHSE:603619), the current Receivables Turnover is 1.54 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 Zhongman Petroleum And Natural Gas Group (SHSE:603619) Overvalued in 2026?
Based on GuruFocus' analysis, Zhongman Petroleum And Natural Gas Group stock appears to be overvalued.
The current stock price of ¥21.94 is trading 27.9% above its estimated GF Value™ of ¥17.15.
GuruFocus considers Zhongman Petroleum And Natural Gas Group to be Modestly Overvalued.
Key valuation signals for SHSE:603619:
Receivables Turnover: 1.54
GF Value™: ¥17.15 vs. price of ¥21.94 (27.9% above fair value)
Industry Position: 80.8% below the Oil & Gas median (#604 of 898)
No single metric tells the full story. See the SHSE:603619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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