China Master Logistics Co (SHSE:603967) Receivables Turnover: 1.76 (As of Jun. 2026)

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SHSE:603967 China Master Logistics Co Ltd SHSE:603967
82 GF Score
Price ¥11.66
GF Value ¥11.09
Valuation Fairly Valued
! 4 Warning Signs
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What is China Master Logistics Co Receivables Turnover?

China Master Logistics Co SHSE:603967 -0.17% 82 Receivables Turnover is 1.76 as of Jun. 2026. GuruFocus rates SHSE:603967 with a GF Score™ of 82/100 and a GF Value™ of ¥11.09 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,005 Transportation companies, China Master Logistics Co ranks worse than 63.78% 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. China Master Logistics Co's Revenue for the three months ended in Jun. 2026 was ¥2,903 Mil. China Master Logistics Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥1,652 Mil. Hence, China Master Logistics Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.76.


China Master Logistics Co  (SHSE:603967) 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.


China Master Logistics Co Receivables Turnover Related Terms


China Master Logistics Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for China Master Logistics 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.

China Master Logistics Co Receivables Turnover Chart

China Master Logistics 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 11.74 9.87 6.72 8.37 5.77

China Master Logistics 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 1.56 1.54 1.55 1.51 1.76

SHSE:603967 vs UPS, FDX, EXPD: Receivables Turnover Comparison

For the Integrated Freight & Logistics subindustry, China Master Logistics 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.


China Master Logistics Co Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, China Master Logistics Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Master Logistics Co's Receivables Turnover falls into.


SHSE:603967
82GF Score
China Master Logistics Co Ltd SHSE:603967
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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China Master Logistics Co Receivables Turnover Calculation

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

China Master Logistics 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 )
=8851.812 / ((1625.818 + 1444.897) / 2 )
=8851.812 / 1535.3575
=5.77

China Master Logistics 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 )
=2903.42 / ((1431.369 + 1872.054) / 2 )
=2903.42 / 1651.7115
=1.76

* 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 1.76 mean?
China Master Logistics Co (SHSE:603967) has a Receivables Turnover of 1.76 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 China Master Logistics Co and its competitors. According to the industry distribution chart, China Master Logistics Co ranks #641 out of 1005 companies in the Transportation industry, placing it in the top 63.8%.
Is China Master Logistics Co's Receivables Turnover too high?
China Master Logistics Co's current Receivables Turnover is 1.76. The Transportation industry median Receivables Turnover is 7.80. China Master Logistics Co's value of 1.76 is 77.4% below this industry median. Based on the distribution chart, China Master Logistics Co ranks #641 out of 1005 companies in the Transportation industry, which is below the industry midpoint. Overall, China Master Logistics Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Master Logistics Co's Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, China Master Logistics Co ranks #641 out of 1005 companies for Receivables Turnover. This places China Master Logistics Co in the lower half of its industry. The industry median Receivables Turnover is 7.80. China Master Logistics Co's value of 1.76 is 77.4% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.80, based on 1,005 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. China Master Logistics Co's current Receivables Turnover of 1.76 is 77.4% 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 China Master Logistics Co and its competitors. For the Transportation industry, the median Receivables Turnover is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Master Logistics Co's current Receivables Turnover is 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Master Logistics Co stock overvalued right now?
Based on GuruFocus' analysis, China Master Logistics Co (SHSE:603967) is currently considered Fairly Valued. The stock's GF Value™ is ¥11.09, compared to a current price of ¥11.66 — trading 5.1% above its estimated fair value. The current Receivables Turnover is 1.76 and 77.4% below the Transportation industry median of 7.80. China Master Logistics Co's overall GF Score™ is 82/100 with 4 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 China Master Logistics Co (SHSE:603967), the current Receivables Turnover is 1.76 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 China Master Logistics Co (SHSE:603967) Overvalued in 2026?

Based on GuruFocus' analysis, China Master Logistics Co stock appears to be overvalued. The current stock price of ¥11.66 is trading 5.1% above its estimated GF Value™ of ¥11.09. GuruFocus considers China Master Logistics Co to be Fairly Valued.

Key valuation signals for SHSE:603967:

  • Receivables Turnover: 1.76
  • GF Value™: ¥11.09 vs. price of ¥11.66 (5.1% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 77.4% below the Transportation median (#641 of 1005)

No single metric tells the full story. See the SHSE:603967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Master Logistics Co Business Description

Address No.169 ShenZhen Road, 23rd Floor, Zhongchuang Building, Laoshan District, Shandong, Qingdao, CHN, 266100
China Master Logistics Co Ltd is an integrated logistics company. The business of company mainly covers freight forwarding, CFS services, shipping agency, coastal transportation, project logistics, commodity Logistics and other areas with the service network covering the majority ports such as Ningbo, Lianyungang, Rizhao, Rongcheng, Qingdao and others.
82GF Score

Get the complete analysis for SHSE:603967

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

¥11.66
Price
¥11.09
GF Value