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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. Fulongma Group Co's Revenue for the
three
months ended in Jun. 2026 was ¥1,292 Mil. Fulongma Group Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥3,027 Mil.
Hence, Fulongma Group Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.43.
Fulongma Group Co (SHSE:603686) 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.
Fulongma Group Co Receivables Turnover Related Terms
Fulongma Group Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Fulongma Group 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:603686 vs VLTO, ZWS, CECO: Receivables Turnover Comparison
For the Pollution & Treatment Controls subindustry, Fulongma Group 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.
Fulongma Group Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fulongma Group Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Fulongma Group 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.
Fulongma Group Co (SHSE:603686) has a Receivables Turnover of 0.43 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 Fulongma Group Co and its competitors. According to the industry distribution chart, Fulongma Group Co ranks #2761 out of 3046 companies in the Industrial Products industry, placing it in the top 90.6%.
Is Fulongma Group Co's Receivables Turnover too high?
Fulongma Group Co's current Receivables Turnover is 0.43. The Industrial Products industry median Receivables Turnover is 4.51. Fulongma Group Co's value of 0.43 is 90.5% below this industry median. Based on the distribution chart, Fulongma Group Co ranks #2761 out of 3046 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Fulongma Group Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fulongma Group Co's Receivables Turnover compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Fulongma Group Co ranks #2761 out of 3046 companies for Receivables Turnover. This places Fulongma Group Co in the lower half of its industry. The industry median Receivables Turnover is 4.51. Fulongma Group Co's value of 0.43 is 90.5% 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 3,046 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. Fulongma Group Co's current Receivables Turnover of 0.43 is 90.5% 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 Fulongma Group 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. Fulongma Group Co's current Receivables Turnover is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fulongma Group Co stock overvalued right now?
Based on GuruFocus' analysis, Fulongma Group Co (SHSE:603686) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥11.33, compared to a current price of ¥13.72 — trading 21.1% above its estimated fair value. The current Receivables Turnover is 0.43 and 90.5% below the Industrial Products industry median of 4.51. Fulongma Group Co's overall GF Score™ is 74/100 with 6 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 Fulongma Group Co (SHSE:603686), the current Receivables Turnover is 0.43 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 Fulongma Group Co (SHSE:603686) Overvalued in 2026?
Based on GuruFocus' analysis, Fulongma Group Co stock appears to be overvalued.
The current stock price of ¥13.72 is trading 21.1% above its estimated GF Value™ of ¥11.33.
GuruFocus considers Fulongma Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:603686:
Receivables Turnover: 0.43
GF Value™: ¥11.33 vs. price of ¥13.72 (21.1% above fair value)
Industry Position: 90.5% below the Industrial Products median (#2761 of 3046)
No single metric tells the full story. See the SHSE:603686 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fulongma Group Co Ltd supplies Chinese professionalization environmental sanitation equipment. The company is engaged in the research and development, production, selling, and services of the specialized cleaning vehicle, garbage, collecting and transporting vehicle and other equipment that are mainly used in the environmental sanitation department, municipal works, and road cleaning. Some of its products are Sweeping and Clean-keeping series, Garbage collection, and others.
74GF Score
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