Zhejiang Gongdong Medical Technology Co (SHSE:605369) Receivables Turnover: 1.05 (As of Jun. 2026)

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SHSE:605369 Zhejiang Gongdong Medical Technology Co Ltd SHSE:605369
77 GF Score
Price ¥16.66
GF Value ¥23.55
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Zhejiang Gongdong Medical Technology Co Receivables Turnover?

Zhejiang Gongdong Medical Technology Co SHSE:605369 -0.18% 77 Receivables Turnover is 1.05 as of Jun. 2026. GuruFocus rates SHSE:605369 with a GF Score™ of 77/100 and a GF Value™ of ¥23.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 812 Medical Devices & Instruments companies, Zhejiang Gongdong Medical Technology Co ranks worse than 75.74% 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. Zhejiang Gongdong Medical Technology Co's Revenue for the three months ended in Jun. 2026 was ¥299 Mil. Zhejiang Gongdong Medical Technology Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥284 Mil. Hence, Zhejiang Gongdong Medical Technology Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.05.


Zhejiang Gongdong Medical Technology Co  (SHSE:605369) 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.


Zhejiang Gongdong Medical Technology Co Receivables Turnover Related Terms


Zhejiang Gongdong Medical Technology Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zhejiang Gongdong Medical Technology 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.

Zhejiang Gongdong Medical Technology Co Receivables Turnover Chart

Zhejiang Gongdong Medical Technology 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 6.85 6.74 4.22 4.61 4.22

Zhejiang Gongdong Medical Technology 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 0.93 0.92 0.99 1.01 1.05

SHSE:605369 vs ISRG, BDX, MDLN: Receivables Turnover Comparison

For the Medical Instruments & Supplies subindustry, Zhejiang Gongdong Medical Technology 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.


Zhejiang Gongdong Medical Technology Co Receivables Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zhejiang Gongdong Medical Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Zhejiang Gongdong Medical Technology Co's Receivables Turnover falls into.


SHSE:605369
77GF Score
Zhejiang Gongdong Medical Technology Co Ltd SHSE:605369
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Gongdong Medical Technology Co Receivables Turnover Calculation

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

Zhejiang Gongdong Medical Technology 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 )
=1135.701 / ((260.245 + 278.283) / 2 )
=1135.701 / 269.264
=4.22

Zhejiang Gongdong Medical Technology 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 )
=299.438 / ((293.761 + 274.063) / 2 )
=299.438 / 283.912
=1.05

* 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 1.05 mean?
Zhejiang Gongdong Medical Technology Co (SHSE:605369) has a Receivables Turnover of 1.05 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 Zhejiang Gongdong Medical Technology Co and its competitors. According to the industry distribution chart, Zhejiang Gongdong Medical Technology Co ranks #615 out of 812 companies in the Medical Devices & Instruments industry, placing it in the top 75.7%.
Is Zhejiang Gongdong Medical Technology Co's Receivables Turnover too high?
Zhejiang Gongdong Medical Technology Co's current Receivables Turnover is 1.05. The Medical Devices & Instruments industry median Receivables Turnover is 5.58. Zhejiang Gongdong Medical Technology Co's value of 1.05 is 81.2% below this industry median. Based on the distribution chart, Zhejiang Gongdong Medical Technology Co ranks #615 out of 812 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Gongdong Medical Technology Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Gongdong Medical Technology Co's Receivables Turnover compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Zhejiang Gongdong Medical Technology Co ranks #615 out of 812 companies for Receivables Turnover. This places Zhejiang Gongdong Medical Technology Co in the lower half of its industry. The industry median Receivables Turnover is 5.58. Zhejiang Gongdong Medical Technology Co's value of 1.05 is 81.2% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.58, based on 812 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. Zhejiang Gongdong Medical Technology Co's current Receivables Turnover of 1.05 is 81.2% 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 Zhejiang Gongdong Medical Technology Co and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Gongdong Medical Technology 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 Zhejiang Gongdong Medical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Gongdong Medical Technology Co (SHSE:605369) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥23.55, compared to a current price of ¥16.66 — trading 29.3% below its estimated fair value. The current Receivables Turnover is 1.05 and 81.2% below the Medical Devices & Instruments industry median of 5.58. Zhejiang Gongdong Medical Technology Co's overall GF Score™ is 77/100 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 Zhejiang Gongdong Medical Technology Co (SHSE:605369), the current Receivables Turnover is 1.05 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 Zhejiang Gongdong Medical Technology Co (SHSE:605369) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Gongdong Medical Technology Co stock appears to be undervalued. The current stock price of ¥16.66 is trading 29.3% below its estimated GF Value™ of ¥23.55. GuruFocus considers Zhejiang Gongdong Medical Technology Co to be Modestly Undervalued.

Key valuation signals for SHSE:605369:

  • Receivables Turnover: 1.05
  • GF Value™: ¥23.55 vs. price of ¥16.66 (29.3% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 81.2% below the Medical Devices & Instruments median (#615 of 812)

No single metric tells the full story. See the SHSE:605369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Gongdong Medical Technology Co Business Description

Address No. 10 Beiyuan Avenue, Huangyan District, Zhejiang Province, Taizhou, CHN, 318020
Zhejiang Gongdong Medical Technology Co Ltd is engaged in production and sales of disposable medical devices, and medical testing supplies. The company's products include Vacuum Blood collection system; Specimen Collection system; Petri Dish Family; Centrifugation Tube; Vaginal Speculum; Surgical Supplies; Pipette tip; Transfer Pipette; Test Tube; Test Tube Racks; and Colorimetric Cup.
77GF Score

Get the complete analysis for SHSE:605369

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

¥16.66
Price
¥23.55
GF Value