GigaDevice Semiconductor (SHSE:603986) Receivables Turnover: 20.43 (As of Jun. 2026)

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SHSE:603986 GigaDevice Semiconductor Inc SHSE:603986
86 GF Score
Price ¥371.88
GF Value ¥292.87
Valuation Modestly Overvalued
! 5 Warning Signs
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What is GigaDevice Semiconductor Receivables Turnover?

GigaDevice Semiconductor SHSE:603986 -2.95% 86 Receivables Turnover is 20.43 as of Jun. 2026. GuruFocus rates SHSE:603986 with a GF Score™ of 86/100 and a GF Value™ of ¥292.87 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,022 Semiconductors companies, GigaDevice Semiconductor ranks better than 99.12% 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. GigaDevice Semiconductor's Revenue for the three months ended in Jun. 2026 was ¥7,378 Mil. GigaDevice Semiconductor's average Accounts Receivable for the three months ended in Jun. 2026 was ¥361 Mil. Hence, GigaDevice Semiconductor's Receivables Turnover for the three months ended in Jun. 2026 was 20.43.


GigaDevice Semiconductor  (SHSE:603986) 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.


GigaDevice Semiconductor Receivables Turnover Related Terms


GigaDevice Semiconductor Receivables Turnover Historical Data

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The historical data trend for GigaDevice Semiconductor'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.

GigaDevice Semiconductor Receivables Turnover Chart

GigaDevice Semiconductor 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 37.50 38.36 44.96 45.11 45.49

GigaDevice Semiconductor 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 9.46 11.57 11.06 17.48 20.43

SHSE:603986 vs NVDA, AVGO, MU: Receivables Turnover Comparison

For the Semiconductors subindustry, GigaDevice Semiconductor'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.


GigaDevice Semiconductor Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, GigaDevice Semiconductor's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where GigaDevice Semiconductor's Receivables Turnover falls into.


SHSE:603986
86GF Score
GigaDevice Semiconductor Inc SHSE:603986
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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GigaDevice Semiconductor Receivables Turnover Calculation

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

GigaDevice Semiconductor'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 )
=9203.463 / ((212.016 + 192.618) / 2 )
=9203.463 / 202.317
=45.49

GigaDevice Semiconductor'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 )
=7377.685 / ((286.54 + 435.69) / 2 )
=7377.685 / 361.115
=20.43

* 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 20.43 mean?
GigaDevice Semiconductor (SHSE:603986) has a Receivables Turnover of 20.43 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 GigaDevice Semiconductor and its competitors. According to the industry distribution chart, GigaDevice Semiconductor ranks #9 out of 1022 companies in the Semiconductors industry, placing it in the top 0.90000000000001%.
Is GigaDevice Semiconductor's Receivables Turnover too high?
GigaDevice Semiconductor's current Receivables Turnover is 20.43. The Semiconductors industry median Receivables Turnover is 5.79. GigaDevice Semiconductor's value of 20.43 is 253.2% above this industry median. Based on the distribution chart, GigaDevice Semiconductor ranks #9 out of 1022 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, GigaDevice Semiconductor has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GigaDevice Semiconductor's Receivables Turnover compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, GigaDevice Semiconductor ranks #9 out of 1022 companies for Receivables Turnover. This places GigaDevice Semiconductor in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.79. GigaDevice Semiconductor's value of 20.43 is 253.2% above 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.79, based on 1,022 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. GigaDevice Semiconductor's current Receivables Turnover of 20.43 is 253.2% above 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 GigaDevice Semiconductor and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GigaDevice Semiconductor's current Receivables Turnover is 20.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GigaDevice Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, GigaDevice Semiconductor (SHSE:603986) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥292.87, compared to a current price of ¥371.88 — trading 27% above its estimated fair value. The current Receivables Turnover is 20.43 and 253.2% above the Semiconductors industry median of 5.79. GigaDevice Semiconductor's overall GF Score™ is 86/100 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 GigaDevice Semiconductor (SHSE:603986), the current Receivables Turnover is 20.43 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 GigaDevice Semiconductor (SHSE:603986) Overvalued in 2026?

Based on GuruFocus' analysis, GigaDevice Semiconductor stock appears to be overvalued. The current stock price of ¥371.88 is trading 27% above its estimated GF Value™ of ¥292.87. GuruFocus considers GigaDevice Semiconductor to be Modestly Overvalued.

Key valuation signals for SHSE:603986:

  • Receivables Turnover: 20.43
  • GF Value™: ¥292.87 vs. price of ¥371.88 (27% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 253.2% above the Semiconductors median (#9 of 1022)

No single metric tells the full story. See the SHSE:603986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GigaDevice Semiconductor Business Description

Other Exchanges 03986:Hong Kong
Address No. 9, Fenghao East Road, Building 8, Zhongguancun Integrated Circuit Design Park, Haidian District, Beijing, CHN, 100094
GigaDevice Semiconductor Inc is engaged in the domestic storage and Internet of Things (IoT) chip industry. Its product portfolio comprises of flash memories and microcontrollers. Some of its products are SPI NOR flash, SPI NAND flash, and ARM Cortex-M3, among others. The products are for use in embedded, consumer, and mobile communications applications.
86GF Score

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

¥371.88
Price
¥292.87
GF Value