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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. Neway Valve (Suzhou) Co's Revenue for the
three
months ended in Jun. 2026 was ¥2,084 Mil. Neway Valve (Suzhou) Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥2,654 Mil.
Hence, Neway Valve (Suzhou) Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.79.
Neway Valve (Suzhou) Co (SHSE:603699) 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.
Neway Valve (Suzhou) Co Receivables Turnover Related Terms
Neway Valve (Suzhou) Co Receivables Turnover Historical Data
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The historical data trend for Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co Receivables Turnover Chart
SHSE:603699 vs GEV, ETN, PH: Receivables Turnover Comparison
For the Specialty Industrial Machinery subindustry, Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Neway Valve (Suzhou) Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Neway Valve (Suzhou) 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.
Neway Valve (Suzhou) Co (SHSE:603699) has a Receivables Turnover of 0.79 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 Neway Valve (Suzhou) Co and its competitors. According to the industry distribution chart, Neway Valve (Suzhou) Co ranks #2254 out of 3046 companies in the Industrial Products industry, placing it in the top 74%.
Is Neway Valve (Suzhou) Co's Receivables Turnover too high?
Neway Valve (Suzhou) Co's current Receivables Turnover is 0.79. The Industrial Products industry median Receivables Turnover is 4.51. Neway Valve (Suzhou) Co's value of 0.79 is 82.5% below this industry median. Based on the distribution chart, Neway Valve (Suzhou) Co ranks #2254 out of 3046 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Neway Valve (Suzhou) Co has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neway Valve (Suzhou) Co's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Neway Valve (Suzhou) Co ranks #2254 out of 3046 companies for Receivables Turnover. This places Neway Valve (Suzhou) Co in the lower half of its industry. The industry median Receivables Turnover is 4.51. Neway Valve (Suzhou) Co's value of 0.79 is 82.5% 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. Neway Valve (Suzhou) Co's current Receivables Turnover of 0.79 is 82.5% 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 Neway Valve (Suzhou) 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. Neway Valve (Suzhou) Co's current Receivables Turnover is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neway Valve (Suzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co (SHSE:603699) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥35.46, compared to a current price of ¥46.90 — trading 32.3% above its estimated fair value. The current Receivables Turnover is 0.79 and 82.5% below the Industrial Products industry median of 4.51. Neway Valve (Suzhou) Co's overall GF Score™ is 92/100 with 2 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 Neway Valve (Suzhou) Co (SHSE:603699), the current Receivables Turnover is 0.79 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 Neway Valve (Suzhou) Co (SHSE:603699) Overvalued in 2026?
Based on GuruFocus' analysis, Neway Valve (Suzhou) Co stock appears to be overvalued.
The current stock price of ¥46.90 is trading 32.3% above its estimated GF Value™ of ¥35.46.
GuruFocus considers Neway Valve (Suzhou) Co to be Significantly Overvalued.
Key valuation signals for SHSE:603699:
Receivables Turnover: 0.79
GF Value™: ¥35.46 vs. price of ¥46.90 (32.3% above fair value)
Industry Position: 82.5% below the Industrial Products median (#2254 of 3046)
No single metric tells the full story. See the SHSE:603699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neway Valve (Suzhou) Co Ltd is a manufacturer and exporter of industrial valves. Its main products include Gate valve, globe valve, check valve, Cast steel valves, API602 forged steel valves, API603 stainless steel valves, Cryogenic Valves, Bellows Valves, Floating ball - Steel. Geographically it operates through China, however its business presence is also seen internationally.
92GF Score
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