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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. Zhejiang Great Shengda Packing Co's Revenue for the
three
months ended in Jun. 2026 was ¥566 Mil. Zhejiang Great Shengda Packing Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥600 Mil.
Hence, Zhejiang Great Shengda Packing Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.94.
Zhejiang Great Shengda Packing Co (SHSE:603687) 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 Great Shengda Packing Co Receivables Turnover Related Terms
Zhejiang Great Shengda Packing 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 Great Shengda Packing Co Receivables Turnover Chart
Zhejiang Great Shengda Packing Co Receivables Turnover Competitor Comparison
For the Paper & Paper Products subindustry, Zhejiang Great Shengda Packing 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 Great Shengda Packing Co Receivables Turnover vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Zhejiang Great Shengda Packing Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Zhejiang Great Shengda Packing 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.
Zhejiang Great Shengda Packing Co (SHSE:603687) has a Receivables Turnover of 0.94 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 Great Shengda Packing Co and its competitors. According to the industry distribution chart, Zhejiang Great Shengda Packing Co ranks #234 out of 280 companies in the Forest Products industry, placing it in the top 83.6%.
Is Zhejiang Great Shengda Packing Co's Receivables Turnover too high?
Zhejiang Great Shengda Packing Co's current Receivables Turnover is 0.94. The Forest Products industry median Receivables Turnover is 6.84. Zhejiang Great Shengda Packing Co's value of 0.94 is 86.2% below this industry median. Based on the distribution chart, Zhejiang Great Shengda Packing Co ranks #234 out of 280 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Great Shengda Packing Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Great Shengda Packing Co's Receivables Turnover compare to competitors?
According to the Forest Products industry distribution chart, Zhejiang Great Shengda Packing Co ranks #234 out of 280 companies for Receivables Turnover. This places Zhejiang Great Shengda Packing Co in the lower half of its industry. The industry median Receivables Turnover is 6.84. Zhejiang Great Shengda Packing Co's value of 0.94 is 86.2% 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 a Forest Products company?
The median Receivables Turnover among Forest Products companies is 6.84, based on 280 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 Great Shengda Packing Co's current Receivables Turnover of 0.94 is 86.2% 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 Zhejiang Great Shengda Packing Co and its competitors. For the Forest Products industry, the median Receivables Turnover is 6.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Great Shengda Packing Co's current Receivables Turnover is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Great Shengda Packing Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Great Shengda Packing Co (SHSE:603687) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.18, compared to a current price of ¥16.40 — trading 61.1% above its estimated fair value. The current Receivables Turnover is 0.94 and 86.2% below the Forest Products industry median of 6.84. Zhejiang Great Shengda Packing Co's overall GF Score™ is 67/100 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 Zhejiang Great Shengda Packing Co (SHSE:603687), the current Receivables Turnover is 0.94 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 Great Shengda Packing Co (SHSE:603687) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Great Shengda Packing Co stock appears to be overvalued.
The current stock price of ¥16.40 is trading 61.1% above its estimated GF Value™ of ¥10.18.
GuruFocus considers Zhejiang Great Shengda Packing Co to be Significantly Overvalued.
Key valuation signals for SHSE:603687:
Receivables Turnover: 0.94
GF Value™: ¥10.18 vs. price of ¥16.40 (61.1% above fair value)
Industry Position: 86.2% below the Forest Products median (#234 of 280)
No single metric tells the full story. See the SHSE:603687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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