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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. Jinhong Gas Co's Revenue for the
three
months ended in Jun. 2026 was ¥810 Mil. Jinhong Gas Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥502 Mil.
Hence, Jinhong Gas Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.61.
Jinhong Gas Co (SHSE:688106) 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.
Jinhong Gas Co Receivables Turnover Related Terms
Jinhong Gas Co Receivables Turnover Historical Data
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The historical data trend for Jinhong Gas 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.
SHSE:688106 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Jinhong Gas 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.
Jinhong Gas Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Jinhong Gas Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Jinhong Gas 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.
Jinhong Gas Co (SHSE:688106) has a Receivables Turnover of 1.61 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 Jinhong Gas Co and its competitors. According to the industry distribution chart, Jinhong Gas Co ranks #669 out of 1582 companies in the Chemicals industry, placing it in the top 42.3%.
Is Jinhong Gas Co's Receivables Turnover too high?
Jinhong Gas Co's current Receivables Turnover is 1.61. The Chemicals industry median Receivables Turnover is 5.76. Jinhong Gas Co's value of 1.61 is 72% below this industry median. Based on the distribution chart, Jinhong Gas Co ranks #669 out of 1582 companies in the Chemicals industry, which is above the industry midpoint. Overall, Jinhong Gas Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jinhong Gas Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Jinhong Gas Co ranks #669 out of 1582 companies for Receivables Turnover. This puts Jinhong Gas Co in the upper half of its industry. The industry median Receivables Turnover is 5.76. Jinhong Gas Co's value of 1.61 is 72% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.76, based on 1,582 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. Jinhong Gas Co's current Receivables Turnover of 1.61 is 72% 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 Jinhong Gas Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinhong Gas Co's current Receivables Turnover is 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinhong Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Jinhong Gas Co (SHSE:688106) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥23.04, compared to a current price of ¥26.28 — trading 14.1% above its estimated fair value. The current Receivables Turnover is 1.61 and 72% below the Chemicals industry median of 5.76. Jinhong Gas Co's overall GF Score™ is 83/100 with 7 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 Jinhong Gas Co (SHSE:688106), the current Receivables Turnover is 1.61 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 Jinhong Gas Co (SHSE:688106) Overvalued in 2026?
Based on GuruFocus' analysis, Jinhong Gas Co stock appears to be overvalued.
The current stock price of ¥26.28 is trading 14.1% above its estimated GF Value™ of ¥23.04.
GuruFocus considers Jinhong Gas Co to be Modestly Overvalued.
Key valuation signals for SHSE:688106:
Receivables Turnover: 1.61
GF Value™: ¥23.04 vs. price of ¥26.28 (14.1% above fair value)
Industry Position: 72% below the Chemicals median (#669 of 1582)
No single metric tells the full story. See the SHSE:688106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jinhong Gas Co Ltd is engaged in production, sales and service of environmentally intensive integrated gas. The company provides customers with one-stop gas supply solutions for various bulk gases, special gases and natural gasother fields.
83GF Score
Get the complete analysis for SHSE:688106
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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