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Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) 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.
Chongqing Zhengchuan Pharmaceutical Packaging Co Receivables Turnover Related Terms
Chongqing Zhengchuan Pharmaceutical Packaging 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.
Chongqing Zhengchuan Pharmaceutical Packaging Co Receivables Turnover Chart
Chongqing Zhengchuan Pharmaceutical Packaging Co Annual Data
SHSE:603976 vs SW, AMCR, PKG: Receivables Turnover Comparison
For the Packaging & Containers subindustry, Chongqing Zhengchuan Pharmaceutical Packaging 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.
Chongqing Zhengchuan Pharmaceutical Packaging Co Receivables Turnover vs Packaging & Containers 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.
Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) has a Receivables Turnover of 1.05 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 Chongqing Zhengchuan Pharmaceutical Packaging Co and its competitors. According to the industry distribution chart, Chongqing Zhengchuan Pharmaceutical Packaging Co ranks #324 out of 402 companies in the Packaging & Containers industry, placing it in the top 80.6%.
Is Chongqing Zhengchuan Pharmaceutical Packaging Co's Receivables Turnover too high?
Chongqing Zhengchuan Pharmaceutical Packaging Co's current Receivables Turnover is 1.05. The Packaging & Containers industry median Receivables Turnover is 5.39. Chongqing Zhengchuan Pharmaceutical Packaging Co's value of 1.05 is 80.5% below this industry median. Based on the distribution chart, Chongqing Zhengchuan Pharmaceutical Packaging Co ranks #324 out of 402 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Chongqing Zhengchuan Pharmaceutical Packaging Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Zhengchuan Pharmaceutical Packaging Co's Receivables Turnover compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Chongqing Zhengchuan Pharmaceutical Packaging Co ranks #324 out of 402 companies for Receivables Turnover. This places Chongqing Zhengchuan Pharmaceutical Packaging Co in the lower half of its industry. The industry median Receivables Turnover is 5.39. Chongqing Zhengchuan Pharmaceutical Packaging Co's value of 1.05 is 80.5% 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 Packaging & Containers company?
The median Receivables Turnover among Packaging & Containers companies is 5.39, based on 402 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. Chongqing Zhengchuan Pharmaceutical Packaging Co's current Receivables Turnover of 1.05 is 80.5% 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 Chongqing Zhengchuan Pharmaceutical Packaging Co and its competitors. For the Packaging & Containers industry, the median Receivables Turnover is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Zhengchuan Pharmaceutical Packaging Co's current Receivables Turnover is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Zhengchuan Pharmaceutical Packaging Co stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥21.32, compared to a current price of ¥30.45 — trading 42.8% above its estimated fair value. The current Receivables Turnover is 1.05 and 80.5% below the Packaging & Containers industry median of 5.39. Chongqing Zhengchuan Pharmaceutical Packaging Co's overall GF Score™ is 66/100 with 11 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 Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976), the current Receivables Turnover is 1.05 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 Chongqing Zhengchuan Pharmaceutical Packaging Co (SHSE:603976) Overvalued in 2026?
Based on GuruFocus' analysis, Chongqing Zhengchuan Pharmaceutical Packaging Co stock appears to be overvalued.
The current stock price of ¥30.45 is trading 42.8% above its estimated GF Value™ of ¥21.32.
GuruFocus considers Chongqing Zhengchuan Pharmaceutical Packaging Co to be Significantly Overvalued.
Key valuation signals for SHSE:603976:
Receivables Turnover: 1.05
GF Value™: ¥21.32 vs. price of ¥30.45 (42.8% above fair value)
Industry Position: 80.5% below the Packaging & Containers median (#324 of 402)
No single metric tells the full story. See the SHSE:603976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chongqing Zhengchuan Pharmaceutical Packaging Co Ltd is a China-based company engages in the research, development, production, and sale of medicinal packaging materials such as medicinal glass tubes. It manufactures colorless and brown glass tubular injection bottles, oral liquid bottles, regulation glass tube screw mouth bottle, and ampoules.
66GF Score
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