Tianjin Jiuri New Materials Co (SHSE:688199) Receivables Turnover: 1.46 (As of Mar. 2026)

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SHSE:688199 Tianjin Jiuri New Materials Co Ltd SHSE:688199
79 GF Score
Price ¥23.28
GF Value ¥23.26
Valuation Fairly Valued
! 7 Warning Signs
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What is Tianjin Jiuri New Materials Co Receivables Turnover?

Tianjin Jiuri New Materials Co SHSE:688199 +3.37% 79 Receivables Turnover is 1.46 as of Mar. 2026. GuruFocus rates SHSE:688199 with a GF Score™ of 79/100 and a GF Value™ of ¥23.26 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,579 Chemicals companies, Tianjin Jiuri New Materials Co ranks worse than 50.47% 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. Tianjin Jiuri New Materials Co's Revenue for the three months ended in Mar. 2026 was ¥443 Mil. Tianjin Jiuri New Materials Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥303 Mil. Hence, Tianjin Jiuri New Materials Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.46.


Tianjin Jiuri New Materials Co  (SHSE:688199) 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.


Tianjin Jiuri New Materials Co Receivables Turnover Related Terms


Tianjin Jiuri New Materials Co Receivables Turnover Historical Data

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The historical data trend for Tianjin Jiuri New Materials 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.

Tianjin Jiuri New Materials Co Receivables Turnover Chart

Tianjin Jiuri New Materials 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 5.21 6.05 6.06 6.47 5.79

Tianjin Jiuri New Materials 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 1.36 1.36 1.50 1.43 1.46

SHSE:688199 vs DOW: Receivables Turnover Comparison

For the Chemicals subindustry, Tianjin Jiuri New Materials 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.


Tianjin Jiuri New Materials Co Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tianjin Jiuri New Materials Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tianjin Jiuri New Materials Co's Receivables Turnover falls into.


SHSE:688199
79GF Score
Tianjin Jiuri New Materials Co Ltd SHSE:688199
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tianjin Jiuri New Materials Co Receivables Turnover Calculation

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

Tianjin Jiuri New Materials 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 )
=1486.224 / ((241.186 + 272.04) / 2 )
=1486.224 / 256.613
=5.79

Tianjin Jiuri New Materials 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 )
=443.414 / ((272.04 + 334.947) / 2 )
=443.414 / 303.4935
=1.46

* 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 1.46 mean?
Tianjin Jiuri New Materials Co (SHSE:688199) has a Receivables Turnover of 1.46 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 Tianjin Jiuri New Materials Co and its competitors. According to the industry distribution chart, Tianjin Jiuri New Materials Co ranks #797 out of 1579 companies in the Chemicals industry, placing it in the top 50.5%.
Is Tianjin Jiuri New Materials Co's Receivables Turnover too high?
Tianjin Jiuri New Materials Co's current Receivables Turnover is 1.46. The Chemicals industry median Receivables Turnover is 5.64. Tianjin Jiuri New Materials Co's value of 1.46 is 74.1% below this industry median. Based on the distribution chart, Tianjin Jiuri New Materials Co ranks #797 out of 1579 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tianjin Jiuri New Materials Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Jiuri New Materials Co's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Tianjin Jiuri New Materials Co ranks #797 out of 1579 companies for Receivables Turnover. This places Tianjin Jiuri New Materials Co in the lower half of its industry. The industry median Receivables Turnover is 5.64. Tianjin Jiuri New Materials Co's value of 1.46 is 74.1% 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 5.64, based on 1,579 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. Tianjin Jiuri New Materials Co's current Receivables Turnover of 1.46 is 74.1% 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 Tianjin Jiuri New Materials Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Jiuri New Materials Co's current Receivables Turnover is 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Jiuri New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Jiuri New Materials Co (SHSE:688199) is currently considered Fairly Valued. The stock's GF Value™ is ¥23.26, compared to a current price of ¥23.28 — trading 0.1% above its estimated fair value. The current Receivables Turnover is 1.46 and 74.1% below the Chemicals industry median of 5.64. Tianjin Jiuri New Materials Co's overall GF Score™ is 79/100 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 Tianjin Jiuri New Materials Co (SHSE:688199), the current Receivables Turnover is 1.46 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 Tianjin Jiuri New Materials Co (SHSE:688199) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Jiuri New Materials Co stock appears to be overvalued. The current stock price of ¥23.28 is trading 0.1% above its estimated GF Value™ of ¥23.26. GuruFocus considers Tianjin Jiuri New Materials Co to be Fairly Valued.

Key valuation signals for SHSE:688199:

  • Receivables Turnover: 1.46
  • GF Value™: ¥23.26 vs. price of ¥23.28 (0.1% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 74.1% below the Chemicals median (#797 of 1579)

No single metric tells the full story. See the SHSE:688199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianjin Jiuri New Materials Co Business Description

Address No. 22, Shuangchen Middle Road, Beichen District, Tianjin, CHN, 300384
Tianjin Jiuri New Materials Co Ltd is a manufacturer of photoinitiator. The business activities of the group includes manufacturing, sales and service of photoinitiators monomers, oligomers, UV absorbers and other related products.
79GF Score

Get the complete analysis for SHSE:688199

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

¥23.28
Price
¥23.26
GF Value