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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. Hangzhou Pinming Software Co's Revenue for the
three
months ended in Jun. 2026 was ¥114.4 Mil. Hangzhou Pinming Software Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥152.7 Mil.
Hence, Hangzhou Pinming Software Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.75.
Hangzhou Pinming Software Co (SHSE:688109) 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.
Hangzhou Pinming Software Co Receivables Turnover Related Terms
Hangzhou Pinming Software 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.
Hangzhou Pinming Software Co Receivables Turnover Chart
SHSE:688109 vs QH, SHOP, UBER: Receivables Turnover Comparison
For the Software - Application subindustry, Hangzhou Pinming Software 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.
Hangzhou Pinming Software Co Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Hangzhou Pinming Software Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hangzhou Pinming Software 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.
Hangzhou Pinming Software Co (SHSE:688109) has a Receivables Turnover of 0.75 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 Hangzhou Pinming Software Co and its competitors. According to the industry distribution chart, Hangzhou Pinming Software Co ranks #2370 out of 2786 companies in the Software industry, placing it in the top 85.1%.
Is Hangzhou Pinming Software Co's Receivables Turnover too high?
Hangzhou Pinming Software Co's current Receivables Turnover is 0.75. The Software industry median Receivables Turnover is 6.04. Hangzhou Pinming Software Co's value of 0.75 is 87.6% below this industry median. Based on the distribution chart, Hangzhou Pinming Software Co ranks #2370 out of 2786 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Hangzhou Pinming Software Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Pinming Software Co's Receivables Turnover compare to QH and SHOP?
According to the Software industry distribution chart, Hangzhou Pinming Software Co ranks #2370 out of 2786 companies for Receivables Turnover. This places Hangzhou Pinming Software Co in the lower half of its industry. The industry median Receivables Turnover is 6.04. Hangzhou Pinming Software Co's value of 0.75 is 87.6% 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 Software company?
The median Receivables Turnover among Software companies is 6.04, based on 2,786 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. Hangzhou Pinming Software Co's current Receivables Turnover of 0.75 is 87.6% 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 Hangzhou Pinming Software Co and its competitors. For the Software industry, the median Receivables Turnover is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Pinming Software Co's current Receivables Turnover is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Pinming Software Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Pinming Software Co (SHSE:688109) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥25.11, compared to a current price of ¥70.13 — trading 179.3% above its estimated fair value. The current Receivables Turnover is 0.75 and 87.6% below the Software industry median of 6.04. Hangzhou Pinming Software Co's overall GF Score™ is 67/100 with 4 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 Hangzhou Pinming Software Co (SHSE:688109), the current Receivables Turnover is 0.75 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 Hangzhou Pinming Software Co (SHSE:688109) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou Pinming Software Co stock appears to be overvalued.
The current stock price of ¥70.13 is trading 179.3% above its estimated GF Value™ of ¥25.11.
GuruFocus considers Hangzhou Pinming Software Co to be Significantly Overvalued.
Key valuation signals for SHSE:688109:
Receivables Turnover: 0.75
GF Value™: ¥25.11 vs. price of ¥70.13 (179.3% above fair value)
Industry Position: 87.6% below the Software median (#2370 of 2786)
No single metric tells the full story. See the SHSE:688109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou Pinming Software Co Ltd is a provider of applied technology and products of digital construction in the construction phase. It focuses on the field of engineering construction information technology. Its business covers engineering cost, construction software, BIM software, smart construction sites, and universities. , Industry supervision, infrastructure and others.
67GF Score
Get the complete analysis for SHSE:688109
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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