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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. Anzheng Fashion Group Co's Revenue for the
three
months ended in Mar. 2026 was ¥640 Mil. Anzheng Fashion Group Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥152 Mil.
Hence, Anzheng Fashion Group Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 4.21.
Anzheng Fashion Group Co (SHSE:603839) 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.
Anzheng Fashion Group Co Receivables Turnover Related Terms
Anzheng Fashion Group Co Receivables Turnover Historical Data
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The historical data trend for Anzheng Fashion 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.
Anzheng Fashion Group Co Receivables Turnover Chart
SHSE:603839 vs RL, LEVI, VFC: Receivables Turnover Comparison
For the Apparel Manufacturing subindustry, Anzheng Fashion 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.
Anzheng Fashion Group Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Anzheng Fashion Group Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Anzheng Fashion 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.
Anzheng Fashion Group Co (SHSE:603839) has a Receivables Turnover of 4.21 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 Anzheng Fashion Group Co and its competitors. According to the industry distribution chart, Anzheng Fashion Group Co ranks #131 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.7%.
Is Anzheng Fashion Group Co's Receivables Turnover too high?
Anzheng Fashion Group Co's current Receivables Turnover is 4.21. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Anzheng Fashion Group Co's value of 4.21 is 38.9% below this industry median. Based on the distribution chart, Anzheng Fashion Group Co ranks #131 out of 1035 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Anzheng Fashion Group 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 Anzheng Fashion Group Co's Receivables Turnover compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Anzheng Fashion Group Co ranks #131 out of 1035 companies for Receivables Turnover. This places Anzheng Fashion Group Co in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.89. Anzheng Fashion Group Co's value of 4.21 is 38.9% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,035 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. Anzheng Fashion Group Co's current Receivables Turnover of 4.21 is 38.9% 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 Anzheng Fashion Group Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anzheng Fashion Group Co's current Receivables Turnover is 4.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anzheng Fashion Group Co stock overvalued right now?
Based on GuruFocus' analysis, Anzheng Fashion Group Co (SHSE:603839) is currently considered Fairly Valued. The stock's GF Value™ is ¥7.37, compared to a current price of ¥7.08 — trading 3.9% below its estimated fair value. The current Receivables Turnover is 4.21 and 38.9% below the Manufacturing - Apparel & Accessories industry median of 6.89. Anzheng Fashion Group Co's overall GF Score™ is 65/100 with 6 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 Anzheng Fashion Group Co (SHSE:603839), the current Receivables Turnover is 4.21 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 Anzheng Fashion Group Co (SHSE:603839) Overvalued in 2026?
Based on GuruFocus' analysis, Anzheng Fashion Group Co stock appears to be undervalued.
The current stock price of ¥7.08 is trading 3.9% below its estimated GF Value™ of ¥7.37.
GuruFocus considers Anzheng Fashion Group Co to be Fairly Valued.
Key valuation signals for SHSE:603839:
Receivables Turnover: 4.21
GF Value™: ¥7.37 vs. price of ¥7.08 (3.9% below fair value)
Industry Position: 38.9% below the Manufacturing - Apparel & Accessories median (#131 of 1035)
No single metric tells the full story. See the SHSE:603839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anzheng Fashion Group Co Ltd is engaged in manufacturing of apparel and related products. The company offers men's and women's apparel products. The brand portfolio of the company includes JZ, IMM, Anzheng, Michelle Moissac and Fiona Chen.
65GF Score
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