CoCreation Grass Co (SHSE:605099) Receivables Turnover: 1.12 (As of Jun. 2026)

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SHSE:605099 CoCreation Grass Co Ltd SHSE:605099
96 GF Score
Price ¥30.87
GF Value ¥30.87
Valuation Fairly Valued
! 3 Warning Signs
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What is CoCreation Grass Co Receivables Turnover?

CoCreation Grass Co SHSE:605099 -0.90% 96 Receivables Turnover is 1.12 as of Jun. 2026. GuruFocus rates SHSE:605099 with a GF Score™ of 96/100 and a GF Value™ of ¥30.87 (Fairly Valued). The stock has 3 warning signs investors should review. Among 831 Travel & Leisure companies, CoCreation Grass Co ranks worse than 86.4% 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. CoCreation Grass Co's Revenue for the three months ended in Jun. 2026 was ¥908 Mil. CoCreation Grass Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥809 Mil. Hence, CoCreation Grass Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.12.


CoCreation Grass Co  (SHSE:605099) 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.


CoCreation Grass Co Receivables Turnover Related Terms


CoCreation Grass Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for CoCreation Grass 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.

CoCreation Grass Co Receivables Turnover Chart

CoCreation Grass 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 7.84 6.84 5.62 5.58 5.29

CoCreation Grass 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 1.23 1.10 1.20 1.24 1.12

SHSE:605099 vs AS, HAS, LTH: Receivables Turnover Comparison

For the Leisure subindustry, CoCreation Grass 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.


CoCreation Grass Co Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, CoCreation Grass Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CoCreation Grass Co's Receivables Turnover falls into.


SHSE:605099
96GF Score
CoCreation Grass Co Ltd SHSE:605099
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CoCreation Grass Co Receivables Turnover Calculation

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

CoCreation Grass 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 )
=3290.963 / ((582.7 + 661.563) / 2 )
=3290.963 / 622.1315
=5.29

CoCreation Grass 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 )
=907.795 / ((813.568 + 803.92) / 2 )
=907.795 / 808.744
=1.12

* 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 1.12 mean?
CoCreation Grass Co (SHSE:605099) has a Receivables Turnover of 1.12 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 CoCreation Grass Co and its competitors. According to the industry distribution chart, CoCreation Grass Co ranks #718 out of 831 companies in the Travel & Leisure industry, placing it in the top 86.4%.
Is CoCreation Grass Co's Receivables Turnover too high?
CoCreation Grass Co's current Receivables Turnover is 1.12. The Travel & Leisure industry median Receivables Turnover is 13.84. CoCreation Grass Co's value of 1.12 is 91.9% below this industry median. Based on the distribution chart, CoCreation Grass Co ranks #718 out of 831 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, CoCreation Grass Co has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CoCreation Grass Co's Receivables Turnover compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, CoCreation Grass Co ranks #718 out of 831 companies for Receivables Turnover. This places CoCreation Grass Co in the lower half of its industry. The industry median Receivables Turnover is 13.84. CoCreation Grass Co's value of 1.12 is 91.9% 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 a Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 13.84, based on 831 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. CoCreation Grass Co's current Receivables Turnover of 1.12 is 91.9% 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 CoCreation Grass Co and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 13.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CoCreation Grass Co's current Receivables Turnover is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoCreation Grass Co stock overvalued right now?
Based on GuruFocus' analysis, CoCreation Grass Co (SHSE:605099) is currently considered Fairly Valued. The stock's GF Value™ is ¥30.87, compared to a current price of ¥30.87 — trading right at its estimated fair value. The current Receivables Turnover is 1.12 and 91.9% below the Travel & Leisure industry median of 13.84. CoCreation Grass Co's overall GF Score™ is 96/100 with 3 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 CoCreation Grass Co (SHSE:605099), the current Receivables Turnover is 1.12 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 CoCreation Grass Co (SHSE:605099) Overvalued in 2026?

Based on GuruFocus' analysis, CoCreation Grass Co stock appears to be undervalued. The current stock price of ¥30.87 is trading 0% below its estimated GF Value™ of ¥30.87. GuruFocus considers CoCreation Grass Co to be Fairly Valued.

Key valuation signals for SHSE:605099:

  • Receivables Turnover: 1.12
  • GF Value™: ¥30.87 vs. price of ¥30.87 (0% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 91.9% below the Travel & Leisure median (#718 of 831)

No single metric tells the full story. See the SHSE:605099 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CoCreation Grass Co Business Description

Address 66 Guangzhou East Road, Economic Development Zone, Huaian District, Jiangsu Province, Huaian, CHN, 223001
CoCreation Grass Co Ltd is a manufacturer of artificial grass providing the artificial turf for both athletic and landscape purposes. The company's products include football turf, hockey turf, rugby turf, tennis turf, and multi-sport turf and landscape grass.
96GF Score

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

¥30.87
Price
¥30.87
GF Value