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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. Zhejiang Mustang Battery Co's Revenue for the
three
months ended in Mar. 2026 was ¥264 Mil. Zhejiang Mustang Battery Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥192 Mil.
Hence, Zhejiang Mustang Battery Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.38.
Zhejiang Mustang Battery Co (SHSE:605378) 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 Mustang Battery Co Receivables Turnover Related Terms
Zhejiang Mustang Battery 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.
Zhejiang Mustang Battery Co Receivables Turnover Chart
SHSE:605378 vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Zhejiang Mustang Battery 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 Mustang Battery Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zhejiang Mustang Battery Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Zhejiang Mustang Battery 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.
Zhejiang Mustang Battery Co (SHSE:605378) has a Receivables Turnover of 1.38 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 Zhejiang Mustang Battery Co and its competitors. According to the industry distribution chart, Zhejiang Mustang Battery Co ranks #1256 out of 3038 companies in the Industrial Products industry, placing it in the top 41.3%.
Is Zhejiang Mustang Battery Co's Receivables Turnover too high?
Zhejiang Mustang Battery Co's current Receivables Turnover is 1.38. The Industrial Products industry median Receivables Turnover is 4.51. Zhejiang Mustang Battery Co's value of 1.38 is 69.4% below this industry median. Based on the distribution chart, Zhejiang Mustang Battery Co ranks #1256 out of 3038 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zhejiang Mustang Battery Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Mustang Battery Co's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Zhejiang Mustang Battery Co ranks #1256 out of 3038 companies for Receivables Turnover. This puts Zhejiang Mustang Battery Co in the upper half of its industry. The industry median Receivables Turnover is 4.51. Zhejiang Mustang Battery Co's value of 1.38 is 69.4% 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 3,038 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 Mustang Battery Co's current Receivables Turnover of 1.38 is 69.4% 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 Mustang Battery 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. Zhejiang Mustang Battery Co's current Receivables Turnover is 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Mustang Battery Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Mustang Battery Co (SHSE:605378) is currently considered Fairly Valued. The stock's GF Value™ is ¥14.57, compared to a current price of ¥14.14 — trading 3% below its estimated fair value. The current Receivables Turnover is 1.38 and 69.4% below the Industrial Products industry median of 4.51. Zhejiang Mustang Battery Co's overall GF Score™ is 76/100 with 8 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 Mustang Battery Co (SHSE:605378), the current Receivables Turnover is 1.38 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 Zhejiang Mustang Battery Co (SHSE:605378) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Mustang Battery Co stock appears to be undervalued.
The current stock price of ¥14.14 is trading 3% below its estimated GF Value™ of ¥14.57.
GuruFocus considers Zhejiang Mustang Battery Co to be Fairly Valued.
Key valuation signals for SHSE:605378:
Receivables Turnover: 1.38
GF Value™: ¥14.57 vs. price of ¥14.14 (3% below fair value)
Industry Position: 69.4% below the Industrial Products median (#1256 of 3038)
No single metric tells the full story. See the SHSE:605378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Mustang Battery Co Ltd is engaged in the research and development, production and sales of high-performance, environmentally friendly zinc-manganese batteries.
76GF Score
Get the complete analysis for SHSE:605378
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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