Raytron Technology Co (SHSE:688002) Receivables Turnover: 1.45 (As of Mar. 2026)

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SHSE:688002 Raytron Technology Co Ltd SHSE:688002
87 GF Score
Price ¥167.66
GF Value ¥98.91
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Raytron Technology Co Receivables Turnover?

Raytron Technology Co SHSE:688002 +0.55% 87 Receivables Turnover is 1.45 as of Mar. 2026. GuruFocus rates SHSE:688002 with a GF Score™ of 87/100 and a GF Value™ of ¥98.91 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,468 Hardware companies, Raytron Technology Co ranks better than 51.99% 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. Raytron Technology Co's Revenue for the three months ended in Mar. 2026 was ¥1,945 Mil. Raytron Technology Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥1,345 Mil. Hence, Raytron Technology Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.45.


Raytron Technology Co  (SHSE:688002) 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.


Raytron Technology Co Receivables Turnover Related Terms


Raytron Technology Co Receivables Turnover Historical Data

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The historical data trend for Raytron 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.

Raytron Technology Co Receivables Turnover Chart

Raytron 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 4.18 3.90 3.47 3.40 4.63

Raytron Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.87 1.02 1.03 1.50 1.45

SHSE:688002 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, Raytron 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.


Raytron Technology Co Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Raytron Technology Co's Receivables Turnover distribution charts can be found below:

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


SHSE:688002
87GF Score
Raytron Technology Co Ltd SHSE:688002
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Raytron Technology Co Receivables Turnover Calculation

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

Raytron 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 )
=6304.144 / ((1317.728 + 1407.371) / 2 )
=6304.144 / 1362.5495
=4.63

Raytron Technology Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1944.858 / ((1407.371 + 1282.732) / 2 )
=1944.858 / 1345.0515
=1.45

* 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 1.45 mean?
Raytron Technology Co (SHSE:688002) has a Receivables Turnover of 1.45 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 Raytron Technology Co and its competitors. According to the industry distribution chart, Raytron Technology Co ranks #1185 out of 2468 companies in the Hardware industry, placing it in the top 48%.
Is Raytron Technology Co's Receivables Turnover too high?
Raytron Technology Co's current Receivables Turnover is 1.45. The Hardware industry median Receivables Turnover is 4.95. Raytron Technology Co's value of 1.45 is 70.7% below this industry median. Based on the distribution chart, Raytron Technology Co ranks #1185 out of 2468 companies in the Hardware industry, which is above the industry midpoint. Overall, Raytron Technology Co has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Raytron Technology Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Raytron Technology Co ranks #1185 out of 2468 companies for Receivables Turnover. This puts Raytron Technology Co in the upper half of its industry. The industry median Receivables Turnover is 4.95. Raytron Technology Co's value of 1.45 is 70.7% 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 a Hardware company?
The median Receivables Turnover among Hardware companies is 4.95, based on 2,468 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. Raytron Technology Co's current Receivables Turnover of 1.45 is 70.7% 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 Raytron Technology Co and its competitors. For the Hardware industry, the median Receivables Turnover is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raytron Technology Co's current Receivables Turnover is 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raytron Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Raytron Technology Co (SHSE:688002) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥98.91, compared to a current price of ¥167.66 — trading 69.5% above its estimated fair value. The current Receivables Turnover is 1.45 and 70.7% below the Hardware industry median of 4.95. Raytron Technology Co's overall GF Score™ is 87/100 with 6 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 Raytron Technology Co (SHSE:688002), the current Receivables Turnover is 1.45 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 Raytron Technology Co (SHSE:688002) Overvalued in 2026?

Based on GuruFocus' analysis, Raytron Technology Co stock appears to be overvalued. The current stock price of ¥167.66 is trading 69.5% above its estimated GF Value™ of ¥98.91. GuruFocus considers Raytron Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688002:

  • Receivables Turnover: 1.45
  • GF Value™: ¥98.91 vs. price of ¥167.66 (69.5% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 70.7% below the Hardware median (#1185 of 2468)

No single metric tells the full story. See the SHSE:688002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raytron Technology Co Business Description

Address No. 11, Guiyang Street, Yantai Development Zone, Shandong Province, Yantai, CHN, 264006
Raytron Technology Co Ltd is engaged in the research and development, production and sales of infrared MEMS chips, detectors, movements and complete machines.
87GF Score

Get the complete analysis for SHSE:688002

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

¥167.66
Price
¥98.91
GF Value