Orinko Advanced Plastics Co (SHSE:688219) Receivables Turnover: 1.17 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688219 Orinko Advanced Plastics Co Ltd SHSE:688219
81 GF Score
Price ¥10.25
GF Value ¥12.23
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Orinko Advanced Plastics Co Receivables Turnover?

Orinko Advanced Plastics Co SHSE:688219 -1.06% 81 Receivables Turnover is 1.17 as of Jun. 2026. GuruFocus rates SHSE:688219 with a GF Score™ of 81/100 and a GF Value™ of ¥12.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,583 Chemicals companies, Orinko Advanced Plastics Co ranks worse than 75.05% 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. Orinko Advanced Plastics Co's Revenue for the three months ended in Jun. 2026 was ¥1,990 Mil. Orinko Advanced Plastics Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥1,697 Mil. Hence, Orinko Advanced Plastics Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.17.


Orinko Advanced Plastics Co  (SHSE:688219) 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.


Orinko Advanced Plastics Co Receivables Turnover Related Terms


Orinko Advanced Plastics Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Orinko Advanced Plastics 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.

Orinko Advanced Plastics Co Receivables Turnover Chart

Orinko Advanced Plastics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 4.35 4.10 3.64 3.60 3.78

Orinko Advanced Plastics Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.97 1.07 1.08 0.99 1.17

SHSE:688219 vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Orinko Advanced Plastics 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.


Orinko Advanced Plastics Co Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Orinko Advanced Plastics Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Orinko Advanced Plastics Co's Receivables Turnover falls into.


SHSE:688219
81GF Score
Orinko Advanced Plastics Co Ltd SHSE:688219
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orinko Advanced Plastics Co Receivables Turnover Calculation

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

Orinko Advanced Plastics 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 )
=6489.839 / ((1741.163 + 1694.977) / 2 )
=6489.839 / 1718.07
=3.78

Orinko Advanced Plastics Co's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=1989.898 / ((1613.113 + 1780.808) / 2 )
=1989.898 / 1696.9605
=1.17

* 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 1.17 mean?
Orinko Advanced Plastics Co (SHSE:688219) has a Receivables Turnover of 1.17 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 Orinko Advanced Plastics Co and its competitors. According to the industry distribution chart, Orinko Advanced Plastics Co ranks #1188 out of 1583 companies in the Chemicals industry, placing it in the top 75%.
Is Orinko Advanced Plastics Co's Receivables Turnover too high?
Orinko Advanced Plastics Co's current Receivables Turnover is 1.17. The Chemicals industry median Receivables Turnover is 5.70. Orinko Advanced Plastics Co's value of 1.17 is 79.5% below this industry median. Based on the distribution chart, Orinko Advanced Plastics Co ranks #1188 out of 1583 companies in the Chemicals industry, which is below the industry midpoint. Overall, Orinko Advanced Plastics Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Orinko Advanced Plastics Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Orinko Advanced Plastics Co ranks #1188 out of 1583 companies for Receivables Turnover. This places Orinko Advanced Plastics Co in the lower half of its industry. The industry median Receivables Turnover is 5.70. Orinko Advanced Plastics Co's value of 1.17 is 79.5% 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 5.70, based on 1,583 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. Orinko Advanced Plastics Co's current Receivables Turnover of 1.17 is 79.5% 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 Orinko Advanced Plastics Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orinko Advanced Plastics Co's current Receivables Turnover is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orinko Advanced Plastics Co stock overvalued right now?
Based on GuruFocus' analysis, Orinko Advanced Plastics Co (SHSE:688219) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.23, compared to a current price of ¥10.25 — trading 16.2% below its estimated fair value. The current Receivables Turnover is 1.17 and 79.5% below the Chemicals industry median of 5.70. Orinko Advanced Plastics Co's overall GF Score™ is 81/100 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 Orinko Advanced Plastics Co (SHSE:688219), the current Receivables Turnover is 1.17 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 Orinko Advanced Plastics Co (SHSE:688219) Overvalued in 2026?

Based on GuruFocus' analysis, Orinko Advanced Plastics Co stock appears to be undervalued. The current stock price of ¥10.25 is trading 16.2% below its estimated GF Value™ of ¥12.23. GuruFocus considers Orinko Advanced Plastics Co to be Modestly Undervalued.

Key valuation signals for SHSE:688219:

  • Receivables Turnover: 1.17
  • GF Value™: ¥12.23 vs. price of ¥10.25 (16.2% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 79.5% below the Chemicals median (#1188 of 1583)

No single metric tells the full story. See the SHSE:688219 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orinko Advanced Plastics Co Business Description

Address No. 2, Luhua Road, Baiyan Science and Technology Park, High-tech Zone, Hefei, CHN, 231202
Orinko Advanced Plastics Co Ltd is engaged in the research and development, production and sales of polymer modified materials, and providing customers with high-performance and functional material solutions. The company has a variety of product platforms for polyolefins, polystyrenes, engineering plastics and other categories, with a rich product range, and more than 300 varieties of polymer high-performance and functional products. Its products are widely used in many national pillar industries and emerging industries such as home appliances, automobiles, 5G communications, electronic and electrical, medical, rail transit, home building materials, security and so on.
81GF Score

Get the complete analysis for SHSE:688219

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

¥10.25
Price
¥12.23
GF Value