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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. Lily Group Co's Revenue for the
three
months ended in Mar. 2026 was ¥573 Mil. Lily Group Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥482 Mil.
Hence, Lily Group Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.19.
Lily Group Co (SHSE:603823) 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.
Lily Group Co Receivables Turnover Related Terms
Lily Group Co Receivables Turnover Historical Data
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The historical data trend for Lily 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:603823 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Lily 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.
Lily Group Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Lily Group Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Lily 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.
Lily Group Co (SHSE:603823) has a Receivables Turnover of 1.19 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 Lily Group Co and its competitors. According to the industry distribution chart, Lily Group Co ranks #1122 out of 1583 companies in the Chemicals industry, placing it in the top 70.9%.
Is Lily Group Co's Receivables Turnover too high?
Lily Group Co's current Receivables Turnover is 1.19. The Chemicals industry median Receivables Turnover is 5.70. Lily Group Co's value of 1.19 is 79.1% below this industry median. Based on the distribution chart, Lily Group Co ranks #1122 out of 1583 companies in the Chemicals industry, which is below the industry midpoint. Overall, Lily Group Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lily Group Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Lily Group Co ranks #1122 out of 1583 companies for Receivables Turnover. This places Lily Group Co in the lower half of its industry. The industry median Receivables Turnover is 5.70. Lily Group Co's value of 1.19 is 79.1% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.70, based on 1,583 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. Lily Group Co's current Receivables Turnover of 1.19 is 79.1% 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 Lily Group Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lily Group Co's current Receivables Turnover is 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lily Group Co stock overvalued right now?
Based on GuruFocus' analysis, Lily Group Co (SHSE:603823) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥11.06, compared to a current price of ¥66.95 — trading 505.3% above its estimated fair value. The current Receivables Turnover is 1.19 and 79.1% below the Chemicals industry median of 5.70. Lily Group Co's overall GF Score™ is 60/100 with 9 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 Lily Group Co (SHSE:603823), the current Receivables Turnover is 1.19 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 Lily Group Co (SHSE:603823) Overvalued in 2026?
Based on GuruFocus' analysis, Lily Group Co stock appears to be overvalued.
The current stock price of ¥66.95 is trading 505.3% above its estimated GF Value™ of ¥11.06.
GuruFocus considers Lily Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:603823:
Receivables Turnover: 1.19
GF Value™: ¥11.06 vs. price of ¥66.95 (505.3% above fair value)
Industry Position: 79.1% below the Chemicals median (#1122 of 1583)
No single metric tells the full story. See the SHSE:603823 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lily Group Co Ltd is a chemical manufacturing company. Its products includes pigment for inks, pigment for coatings, pigment for plastics and intermediates. Further it is also involved in import and export trade, investment, and real estate businesses.
60GF Score
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