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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. Tongqinglou Catering Co's Revenue for the
three
months ended in Mar. 2026 was ¥717 Mil. Tongqinglou Catering Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥52 Mil.
Hence, Tongqinglou Catering Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 13.71.
Tongqinglou Catering Co (SHSE:605108) 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.
Tongqinglou Catering Co Receivables Turnover Related Terms
Tongqinglou Catering Co Receivables Turnover Historical Data
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The historical data trend for Tongqinglou Catering 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.
Tongqinglou Catering Co Receivables Turnover Chart
SHSE:605108 vs CTAS, CPRT, GPN: Receivables Turnover Comparison
For the Specialty Business Services subindustry, Tongqinglou Catering 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.
Tongqinglou Catering Co Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Tongqinglou Catering Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tongqinglou Catering 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.
Tongqinglou Catering Co (SHSE:605108) has a Receivables Turnover of 13.71 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 Tongqinglou Catering Co and its competitors. According to the industry distribution chart, Tongqinglou Catering Co ranks #28 out of 1062 companies in the Business Services industry, placing it in the top 2.6%.
Is Tongqinglou Catering Co's Receivables Turnover too high?
Tongqinglou Catering Co's current Receivables Turnover is 13.71. The Business Services industry median Receivables Turnover is 6.43. Tongqinglou Catering Co's value of 13.71 is 113.4% above this industry median. Based on the distribution chart, Tongqinglou Catering Co ranks #28 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Tongqinglou Catering Co has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tongqinglou Catering Co's Receivables Turnover compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Tongqinglou Catering Co ranks #28 out of 1062 companies for Receivables Turnover. This places Tongqinglou Catering Co in the top 3% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.43. Tongqinglou Catering Co's value of 13.71 is 113.4% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.43, based on 1,062 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. Tongqinglou Catering Co's current Receivables Turnover of 13.71 is 113.4% 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 Tongqinglou Catering Co and its competitors. For the Business Services industry, the median Receivables Turnover is 6.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongqinglou Catering Co's current Receivables Turnover is 13.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongqinglou Catering Co stock overvalued right now?
Based on GuruFocus' analysis, Tongqinglou Catering Co (SHSE:605108) is currently considered Possible Value Trap. The stock's GF Value™ is ¥22.27, compared to a current price of ¥12.95 — trading 41.9% below its estimated fair value. The current Receivables Turnover is 13.71 and 113.4% above the Business Services industry median of 6.43. Tongqinglou Catering Co's overall GF Score™ is 75/100 with 10 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 Tongqinglou Catering Co (SHSE:605108), the current Receivables Turnover is 13.71 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 Tongqinglou Catering Co (SHSE:605108) Overvalued in 2026?
Based on GuruFocus' analysis, Tongqinglou Catering Co stock appears to be undervalued.
The current stock price of ¥12.95 is trading 41.9% below its estimated GF Value™ of ¥22.27.
GuruFocus considers Tongqinglou Catering Co to be Possible Value Trap.
Key valuation signals for SHSE:605108:
Receivables Turnover: 13.71
GF Value™: ¥22.27 vs. price of ¥12.95 (41.9% below fair value)
Industry Position: 113.4% above the Business Services median (#28 of 1062)
No single metric tells the full story. See the SHSE:605108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongqinglou Catering Co Ltd is a provider of catering services. The company provides catering (limited to branches); hotel management consulting and training services, tobacco and alcohol retail (limited to branches), conference services; wedding services, among others.
75GF Score
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