Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. SEC Electric Machinery Co's Revenue for the
three
months ended in Jun. 2026 was ¥135.6 Mil. SEC Electric Machinery Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥196.3 Mil.
Hence, SEC Electric Machinery Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.69.
SEC Electric Machinery Co (SHSE:603988) 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.
SEC Electric Machinery Co Receivables Turnover Related Terms
SEC Electric Machinery 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.
SEC Electric Machinery Co Receivables Turnover Chart
SHSE:603988 vs GEV, ETN, PH: Receivables Turnover Comparison
For the Specialty Industrial Machinery subindustry, SEC Electric Machinery 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.
SEC Electric Machinery Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, SEC Electric Machinery Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where SEC Electric Machinery Co's Receivables Turnover falls into.
* 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.
SEC Electric Machinery Co (SHSE:603988) has a Receivables Turnover of 0.69 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 SEC Electric Machinery Co and its competitors. According to the industry distribution chart, SEC Electric Machinery Co ranks #2383 out of 3042 companies in the Industrial Products industry, placing it in the top 78.3%.
Is SEC Electric Machinery Co's Receivables Turnover too high?
SEC Electric Machinery Co's current Receivables Turnover is 0.69. The Industrial Products industry median Receivables Turnover is 4.51. SEC Electric Machinery Co's value of 0.69 is 84.7% below this industry median. Based on the distribution chart, SEC Electric Machinery Co ranks #2383 out of 3042 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, SEC Electric Machinery Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SEC Electric Machinery Co's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, SEC Electric Machinery Co ranks #2383 out of 3042 companies for Receivables Turnover. This places SEC Electric Machinery Co in the lower half of its industry. The industry median Receivables Turnover is 4.51. SEC Electric Machinery Co's value of 0.69 is 84.7% 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 4.51, based on 3,042 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. SEC Electric Machinery Co's current Receivables Turnover of 0.69 is 84.7% 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 SEC Electric Machinery Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SEC Electric Machinery Co's current Receivables Turnover is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SEC Electric Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, SEC Electric Machinery Co (SHSE:603988) is currently considered Fairly Valued. The stock's GF Value™ is ¥17.71, compared to a current price of ¥19.25 — trading 8.7% above its estimated fair value. The current Receivables Turnover is 0.69 and 84.7% below the Industrial Products industry median of 4.51. SEC Electric Machinery Co's overall GF Score™ is 66/100 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 SEC Electric Machinery Co (SHSE:603988), the current Receivables Turnover is 0.69 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 SEC Electric Machinery Co (SHSE:603988) Overvalued in 2026?
Based on GuruFocus' analysis, SEC Electric Machinery Co stock appears to be overvalued.
The current stock price of ¥19.25 is trading 8.7% above its estimated GF Value™ of ¥17.71.
GuruFocus considers SEC Electric Machinery Co to be Fairly Valued.
Key valuation signals for SHSE:603988:
Receivables Turnover: 0.69
GF Value™: ¥17.71 vs. price of ¥19.25 (8.7% above fair value)
Industry Position: 84.7% below the Industrial Products median (#2383 of 3042)
No single metric tells the full story. See the SHSE:603988 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SEC Electric Machinery Co Ltd is a China-based medium and large-scale motors manufacturer and exporter. Its product range includes direct current (DC) motors, slip ring alternating current (AC) motors, squirrel cage AC motors, synchronous motors, petroleum drilling motors, mine elevator motors, wind-driven generators, flameproof motors, short-circuit generators, and turbo generators. The company caters its products and services to the metallurgy, thermal power, petrochemical, mining, building material production, paper converting,g, and wind energy conversion industries. The company exports its products to the United States, Italy, Brazil, Russia, Turkey, Korea, South Africa, India, Kazakhstan, Thailand, Bangladesh, Vietnam, Nigeria, and Sudan.
66GF Score
Get the complete analysis for SHSE:603988
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603988 has been successfully added to your 
