Ningbo Heli Technology Co (SHSE:603917) Receivables Turnover: 0.50 (As of Jun. 2026)

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SHSE:603917 Ningbo Heli Technology Co Ltd SHSE:603917
75 GF Score
Price ¥12.80
GF Value ¥13.14
Valuation Fairly Valued
! 5 Warning Signs
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What is Ningbo Heli Technology Co Receivables Turnover?

Ningbo Heli Technology Co SHSE:603917 -2.22% 75 Receivables Turnover is 0.50 as of Jun. 2026. GuruFocus rates SHSE:603917 with a GF Score™ of 75/100 and a GF Value™ of ¥13.14 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,046 Industrial Products companies, Ningbo Heli Technology Co ranks worse than 89.07% 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. Ningbo Heli Technology Co's Revenue for the three months ended in Jun. 2026 was ¥161.8 Mil. Ningbo Heli Technology Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥326.0 Mil. Hence, Ningbo Heli Technology Co's Receivables Turnover for the three months ended in Jun. 2026 was 0.50.


Ningbo Heli Technology Co  (SHSE:603917) 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.


Ningbo Heli Technology Co Receivables Turnover Related Terms


Ningbo Heli Technology Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ningbo Heli Technology 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.

Ningbo Heli Technology Co Receivables Turnover Chart

Ningbo Heli Technology 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 2.31 2.27 2.09 1.71 2.07

Ningbo Heli Technology Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.52 0.46 0.66 0.34 0.50

SHSE:603917 vs ATI, CRS, MLI: Receivables Turnover Comparison

For the Metal Fabrication subindustry, Ningbo Heli Technology 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.


Ningbo Heli Technology Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Heli Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ningbo Heli Technology Co's Receivables Turnover falls into.


SHSE:603917
75GF Score
Ningbo Heli Technology Co Ltd SHSE:603917
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Heli Technology Co Receivables Turnover Calculation

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

Ningbo Heli Technology 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 )
=754.173 / ((347.571 + 380.448) / 2 )
=754.173 / 364.0095
=2.07

Ningbo Heli Technology Co's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=161.77 / ((334.242 + 317.697) / 2 )
=161.77 / 325.9695
=0.50

* 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 0.50 mean?
Ningbo Heli Technology Co (SHSE:603917) has a Receivables Turnover of 0.50 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 Ningbo Heli Technology Co and its competitors. According to the industry distribution chart, Ningbo Heli Technology Co ranks #2713 out of 3046 companies in the Industrial Products industry, placing it in the top 89.1%.
Is Ningbo Heli Technology Co's Receivables Turnover too high?
Ningbo Heli Technology Co's current Receivables Turnover is 0.50. The Industrial Products industry median Receivables Turnover is 4.52. Ningbo Heli Technology Co's value of 0.50 is 88.9% below this industry median. Based on the distribution chart, Ningbo Heli Technology Co ranks #2713 out of 3046 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ningbo Heli Technology Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Heli Technology Co's Receivables Turnover compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Ningbo Heli Technology Co ranks #2713 out of 3046 companies for Receivables Turnover. This places Ningbo Heli Technology Co in the lower half of its industry. The industry median Receivables Turnover is 4.52. Ningbo Heli Technology Co's value of 0.50 is 88.9% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.52, based on 3,046 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. Ningbo Heli Technology Co's current Receivables Turnover of 0.50 is 88.9% 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 Ningbo Heli Technology Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Heli Technology Co's current Receivables Turnover is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Heli Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Heli Technology Co (SHSE:603917) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.14, compared to a current price of ¥12.80 — trading 2.6% below its estimated fair value. The current Receivables Turnover is 0.50 and 88.9% below the Industrial Products industry median of 4.52. Ningbo Heli Technology Co's overall GF Score™ is 75/100 with 5 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 Ningbo Heli Technology Co (SHSE:603917), the current Receivables Turnover is 0.50 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 Ningbo Heli Technology Co (SHSE:603917) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Heli Technology Co stock appears to be undervalued. The current stock price of ¥12.80 is trading 2.6% below its estimated GF Value™ of ¥13.14. GuruFocus considers Ningbo Heli Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603917:

  • Receivables Turnover: 0.50
  • GF Value™: ¥13.14 vs. price of ¥12.80 (2.6% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 88.9% below the Industrial Products median (#2713 of 3046)

No single metric tells the full story. See the SHSE:603917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Heli Technology Co Business Description

Address 358 Xigu Road, Xiangshan Industrial Park, Zhejiang Province, Ningbo, CHN, 315700
Ningbo Heli Technology Co Ltd manufactures, designs, develops and sells casting molds in China. Its products are die-casting mold, low pressure die casting, gravity casting mold, hot and cold (shell) box mold, thermoforming stamping die.
75GF Score

Get the complete analysis for SHSE:603917

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

¥12.80
Price
¥13.14
GF Value