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Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) 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.
Jiangsu Wujin Stainless Steel Pipe Group Co Receivables Turnover Related Terms
Jiangsu Wujin Stainless Steel Pipe Group Co Receivables Turnover Historical Data
* 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.
Jiangsu Wujin Stainless Steel Pipe Group Co Receivables Turnover Chart
Jiangsu Wujin Stainless Steel Pipe Group Co Annual Data
SHSE:603878 vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Jiangsu Wujin Stainless Steel Pipe 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.
Jiangsu Wujin Stainless Steel Pipe Group Co Receivables Turnover vs Steel Industry
* 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.
Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) has a Receivables Turnover of 0.74 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 Jiangsu Wujin Stainless Steel Pipe Group Co and its competitors. According to the industry distribution chart, Jiangsu Wujin Stainless Steel Pipe Group Co ranks #441 out of 607 companies in the Steel industry, placing it in the top 72.7%.
Is Jiangsu Wujin Stainless Steel Pipe Group Co's Receivables Turnover too high?
Jiangsu Wujin Stainless Steel Pipe Group Co's current Receivables Turnover is 0.74. The Steel industry median Receivables Turnover is 7.23. Jiangsu Wujin Stainless Steel Pipe Group Co's value of 0.74 is 89.8% below this industry median. Based on the distribution chart, Jiangsu Wujin Stainless Steel Pipe Group Co ranks #441 out of 607 companies in the Steel industry, which is below the industry midpoint. Overall, Jiangsu Wujin Stainless Steel Pipe Group Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Wujin Stainless Steel Pipe Group Co's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Jiangsu Wujin Stainless Steel Pipe Group Co ranks #441 out of 607 companies for Receivables Turnover. This places Jiangsu Wujin Stainless Steel Pipe Group Co in the lower half of its industry. The industry median Receivables Turnover is 7.23. Jiangsu Wujin Stainless Steel Pipe Group Co's value of 0.74 is 89.8% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.23, based on 607 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. Jiangsu Wujin Stainless Steel Pipe Group Co's current Receivables Turnover of 0.74 is 89.8% 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 Jiangsu Wujin Stainless Steel Pipe Group Co and its competitors. For the Steel industry, the median Receivables Turnover is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jiangsu Wujin Stainless Steel Pipe Group Co's current Receivables Turnover is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Wujin Stainless Steel Pipe Group Co stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.37, compared to a current price of ¥5.04 — trading 20.9% below its estimated fair value. The current Receivables Turnover is 0.74 and 89.8% below the Steel industry median of 7.23. Jiangsu Wujin Stainless Steel Pipe Group Co's overall GF Score™ is 79/100 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 Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878), the current Receivables Turnover is 0.74 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 Jiangsu Wujin Stainless Steel Pipe Group Co (SHSE:603878) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Wujin Stainless Steel Pipe Group Co stock appears to be undervalued.
The current stock price of ¥5.04 is trading 20.9% below its estimated GF Value™ of ¥6.37.
GuruFocus considers Jiangsu Wujin Stainless Steel Pipe Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:603878:
Receivables Turnover: 0.74
GF Value™: ¥6.37 vs. price of ¥5.04 (20.9% below fair value)
Industry Position: 89.8% below the Steel median (#441 of 607)
No single metric tells the full story. See the SHSE:603878 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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