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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. Shanghai Laiyifen Co's Revenue for the
three
months ended in Jun. 2026 was ¥775 Mil. Shanghai Laiyifen Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥68 Mil.
Hence, Shanghai Laiyifen Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 11.32.
Shanghai Laiyifen Co (SHSE:603777) 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.
Shanghai Laiyifen Co Receivables Turnover Related Terms
Shanghai Laiyifen Co Receivables Turnover Historical Data
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The historical data trend for Shanghai Laiyifen 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:603777 vs KR: Receivables Turnover Comparison
For the Grocery Stores subindustry, Shanghai Laiyifen 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.
Shanghai Laiyifen Co Receivables Turnover vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Shanghai Laiyifen Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shanghai Laiyifen 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.
Shanghai Laiyifen Co (SHSE:603777) has a Receivables Turnover of 11.32 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 Shanghai Laiyifen Co and its competitors. According to the industry distribution chart, Shanghai Laiyifen Co ranks #57 out of 302 companies in the Retail - Defensive industry, placing it in the top 18.9%.
Is Shanghai Laiyifen Co's Receivables Turnover too high?
Shanghai Laiyifen Co's current Receivables Turnover is 11.32. The Retail - Defensive industry median Receivables Turnover is 17.14. Shanghai Laiyifen Co's value of 11.32 is 33.9% below this industry median. Based on the distribution chart, Shanghai Laiyifen Co ranks #57 out of 302 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Shanghai Laiyifen Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Laiyifen Co's Receivables Turnover compare to KR?
According to the Retail - Defensive industry distribution chart, Shanghai Laiyifen Co ranks #57 out of 302 companies for Receivables Turnover. This places Shanghai Laiyifen Co in the top 19% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 17.14. Shanghai Laiyifen Co's value of 11.32 is 33.9% 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 Retail - Defensive company?
The median Receivables Turnover among Retail - Defensive companies is 17.14, based on 302 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. Shanghai Laiyifen Co's current Receivables Turnover of 11.32 is 33.9% 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 Shanghai Laiyifen Co and its competitors. For the Retail - Defensive industry, the median Receivables Turnover is 17.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Laiyifen Co's current Receivables Turnover is 11.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Laiyifen Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Laiyifen Co (SHSE:603777) is currently considered Fairly Valued. The stock's GF Value™ is ¥12.89, compared to a current price of ¥14.01 — trading 8.7% above its estimated fair value. The current Receivables Turnover is 11.32 and 33.9% below the Retail - Defensive industry median of 17.14. Shanghai Laiyifen Co's overall GF Score™ is 65/100 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 Shanghai Laiyifen Co (SHSE:603777), the current Receivables Turnover is 11.32 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 Shanghai Laiyifen Co (SHSE:603777) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Laiyifen Co stock appears to be overvalued.
The current stock price of ¥14.01 is trading 8.7% above its estimated GF Value™ of ¥12.89.
GuruFocus considers Shanghai Laiyifen Co to be Fairly Valued.
Key valuation signals for SHSE:603777:
Receivables Turnover: 11.32
GF Value™: ¥12.89 vs. price of ¥14.01 (8.7% above fair value)
Industry Position: 33.9% below the Retail - Defensive median (#57 of 302)
No single metric tells the full story. See the SHSE:603777 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Laiyifen Co Ltd is an omnichannel operator of its own branded snack foods. The company's core brand is Lai Yifen. Its products cover nuts, meat products, dried fruit, pastries, vegetables, soy products and 9 categories of snack foods such as aquatic products, chocolate candies/jelly and puffed.
65GF Score
Get the complete analysis for SHSE:603777
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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