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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. Assure Tech (Hangzhou) Co's Revenue for the
three
months ended in Mar. 2026 was ¥71.2 Mil. Assure Tech (Hangzhou) Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥187.3 Mil.
Hence, Assure Tech (Hangzhou) Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.38.
Assure Tech (Hangzhou) Co (SHSE:688075) 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.
Assure Tech (Hangzhou) Co Receivables Turnover Related Terms
Assure Tech (Hangzhou) 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.
Assure Tech (Hangzhou) Co Receivables Turnover Chart
SHSE:688075 vs VRTX, REGN, RVMD: Receivables Turnover Comparison
For the Biotechnology subindustry, Assure Tech (Hangzhou) 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.
Assure Tech (Hangzhou) Co Receivables Turnover vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Assure Tech (Hangzhou) Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Assure Tech (Hangzhou) 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.
Assure Tech (Hangzhou) Co (SHSE:688075) has a Receivables Turnover of 0.38 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 Assure Tech (Hangzhou) Co and its competitors. According to the industry distribution chart, Assure Tech (Hangzhou) Co ranks #721 out of 845 companies in the Biotechnology industry, placing it in the top 85.3%.
Is Assure Tech (Hangzhou) Co's Receivables Turnover too high?
Assure Tech (Hangzhou) Co's current Receivables Turnover is 0.38. The Biotechnology industry median Receivables Turnover is 5.22. Assure Tech (Hangzhou) Co's value of 0.38 is 92.7% below this industry median. Based on the distribution chart, Assure Tech (Hangzhou) Co ranks #721 out of 845 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Assure Tech (Hangzhou) Co has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Assure Tech (Hangzhou) Co's Receivables Turnover compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Assure Tech (Hangzhou) Co ranks #721 out of 845 companies for Receivables Turnover. This places Assure Tech (Hangzhou) Co in the lower half of its industry. The industry median Receivables Turnover is 5.22. Assure Tech (Hangzhou) Co's value of 0.38 is 92.7% 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 Biotechnology company?
The median Receivables Turnover among Biotechnology companies is 5.22, based on 845 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. Assure Tech (Hangzhou) Co's current Receivables Turnover of 0.38 is 92.7% 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 Assure Tech (Hangzhou) Co and its competitors. For the Biotechnology industry, the median Receivables Turnover is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assure Tech (Hangzhou) Co's current Receivables Turnover is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assure Tech (Hangzhou) Co stock overvalued right now?
Based on GuruFocus' analysis, Assure Tech (Hangzhou) Co (SHSE:688075) is currently considered Fairly Valued. The stock's GF Value™ is ¥27.96, compared to a current price of ¥29.85 — trading 6.8% above its estimated fair value. The current Receivables Turnover is 0.38 and 92.7% below the Biotechnology industry median of 5.22. Assure Tech (Hangzhou) Co's overall GF Score™ is 64/100 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 Assure Tech (Hangzhou) Co (SHSE:688075), the current Receivables Turnover is 0.38 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 Assure Tech (Hangzhou) Co (SHSE:688075) Overvalued in 2026?
Based on GuruFocus' analysis, Assure Tech (Hangzhou) Co stock appears to be overvalued.
The current stock price of ¥29.85 is trading 6.8% above its estimated GF Value™ of ¥27.96.
GuruFocus considers Assure Tech (Hangzhou) Co to be Fairly Valued.
Key valuation signals for SHSE:688075:
Receivables Turnover: 0.38
GF Value™: ¥27.96 vs. price of ¥29.85 (6.8% above fair value)
Industry Position: 92.7% below the Biotechnology median (#721 of 845)
No single metric tells the full story. See the SHSE:688075 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Assure Tech (Hangzhou) Co Ltd is a biotechnology company. The company is engaged in research & development, production, sell of diagnostic reagents, POCT and biological materials.
64GF Score
Get the complete analysis for SHSE:688075
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