Qingdao Richen Food Co (SHSE:603755) Receivables Turnover: 1.61 (As of Mar. 2026)

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SHSE:603755 Qingdao Richen Food Co Ltd SHSE:603755
77 GF Score
Price ¥23.60
GF Value ¥35.33
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Qingdao Richen Food Co Receivables Turnover?

Qingdao Richen Food Co SHSE:603755 +2.34% 77 Receivables Turnover is 1.61 as of Mar. 2026. GuruFocus rates SHSE:603755 with a GF Score™ of 77/100 and a GF Value™ of ¥35.33 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,946 Consumer Packaged Goods companies, Qingdao Richen Food Co ranks worse than 72.92% on this metric.

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. Qingdao Richen Food Co's Revenue for the three months ended in Mar. 2026 was ¥125.4 Mil. Qingdao Richen Food Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥78.0 Mil. Hence, Qingdao Richen Food Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.61.


Qingdao Richen Food Co  (SHSE:603755) 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.


Qingdao Richen Food Co Receivables Turnover Related Terms


Qingdao Richen Food Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Qingdao Richen Food 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.

Qingdao Richen Food Co Receivables Turnover Chart

Qingdao Richen Food Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.85 4.73 5.35 5.58 5.92

Qingdao Richen Food Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.44 1.53 1.69 1.38 1.61

SHSE:603755 vs KHC, GIS: Receivables Turnover Comparison

For the Packaged Foods subindustry, Qingdao Richen Food 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.


Qingdao Richen Food Co Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Qingdao Richen Food Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Qingdao Richen Food Co's Receivables Turnover falls into.


SHSE:603755
77GF Score
Qingdao Richen Food Co Ltd SHSE:603755
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Qingdao Richen Food Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Qingdao Richen Food Co's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=468.297 / ((75.883 + 82.366) / 2 )
=468.297 / 79.1245
=5.92

Qingdao Richen Food Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=125.445 / ((82.366 + 73.698) / 2 )
=125.445 / 78.032
=1.61

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.61 mean?
Qingdao Richen Food Co (SHSE:603755) has a Receivables Turnover of 1.61 as of Mar. 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 Qingdao Richen Food Co and its competitors. According to the industry distribution chart, Qingdao Richen Food Co ranks #1419 out of 1946 companies in the Consumer Packaged Goods industry, placing it in the top 72.9%.
Is Qingdao Richen Food Co's Receivables Turnover too high?
Qingdao Richen Food Co's current Receivables Turnover is 1.61. The Consumer Packaged Goods industry median Receivables Turnover is 9.38. Qingdao Richen Food Co's value of 1.61 is 82.8% below this industry median. Based on the distribution chart, Qingdao Richen Food Co ranks #1419 out of 1946 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Qingdao Richen Food Co has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Richen Food Co's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Qingdao Richen Food Co ranks #1419 out of 1946 companies for Receivables Turnover. This places Qingdao Richen Food Co in the lower half of its industry. The industry median Receivables Turnover is 9.38. Qingdao Richen Food Co's value of 1.61 is 82.8% 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 a Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.38, based on 1,946 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. Qingdao Richen Food Co's current Receivables Turnover of 1.61 is 82.8% 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 Qingdao Richen Food Co and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Richen Food Co's current Receivables Turnover is 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Richen Food Co stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Richen Food Co (SHSE:603755) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥35.33, compared to a current price of ¥23.60 — trading 33.2% below its estimated fair value. The current Receivables Turnover is 1.61 and 82.8% below the Consumer Packaged Goods industry median of 9.38. Qingdao Richen Food Co's overall GF Score™ is 77/100 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 Qingdao Richen Food Co (SHSE:603755), the current Receivables Turnover is 1.61 as of Mar. 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 Qingdao Richen Food Co (SHSE:603755) Overvalued in 2026?

Based on GuruFocus' analysis, Qingdao Richen Food Co stock appears to be undervalued. The current stock price of ¥23.60 is trading 33.2% below its estimated GF Value™ of ¥35.33. GuruFocus considers Qingdao Richen Food Co to be Significantly Undervalued.

Key valuation signals for SHSE:603755:

  • Receivables Turnover: 1.61
  • GF Value™: ¥35.33 vs. price of ¥23.60 (33.2% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 82.8% below the Consumer Packaged Goods median (#1419 of 1946)

No single metric tells the full story. See the SHSE:603755 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qingdao Richen Food Co Business Description

Address Number 20, Longshan Road, Qingdao Environmental Protection Industrial Park, Jimo District, Shandong Province, Qingdao, CHN, 266200
Qingdao Richen Food Co Ltd is engaged in Research, development, production and sales of sauces, powdered seasonings and food additives.
77GF Score

Get the complete analysis for SHSE:603755

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥23.60
Price
¥35.33
GF Value