ASR Microelectronics Co (SHSE:688220) Receivables Turnover: 3.03 (As of Mar. 2026)

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SHSE:688220 ASR Microelectronics Co Ltd SHSE:688220
81 GF Score
Price ¥102.98
GF Value ¥116.66
Valuation Modestly Undervalued
! 3 Warning Signs
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What is ASR Microelectronics Co Receivables Turnover?

ASR Microelectronics Co SHSE:688220 +4.59% 81 Receivables Turnover is 3.03 as of Mar. 2026. GuruFocus rates SHSE:688220 with a GF Score™ of 81/100 and a GF Value™ of ¥116.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,020 Semiconductors companies, ASR Microelectronics Co ranks better than 84.71% 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. ASR Microelectronics Co's Revenue for the three months ended in Mar. 2026 was ¥1,130 Mil. ASR Microelectronics Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥373 Mil. Hence, ASR Microelectronics Co's Receivables Turnover for the three months ended in Mar. 2026 was 3.03.


ASR Microelectronics Co  (SHSE:688220) 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.


ASR Microelectronics Co Receivables Turnover Related Terms


ASR Microelectronics Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for ASR Microelectronics 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.

ASR Microelectronics Co Receivables Turnover Chart

ASR Microelectronics Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 10.44 9.26 10.74 11.17 11.79

ASR Microelectronics 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 2.54 2.49 2.69 3.00 3.03

SHSE:688220 vs NVDA, AVGO, MU: Receivables Turnover Comparison

For the Semiconductors subindustry, ASR Microelectronics 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.


ASR Microelectronics Co Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, ASR Microelectronics Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ASR Microelectronics Co's Receivables Turnover falls into.


SHSE:688220
81GF Score
ASR Microelectronics Co Ltd SHSE:688220
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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ASR Microelectronics Co Receivables Turnover Calculation

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

ASR Microelectronics 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 )
=3816.803 / ((338.428 + 308.828) / 2 )
=3816.803 / 323.628
=11.79

ASR Microelectronics 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 )
=1129.985 / ((308.828 + 436.614) / 2 )
=1129.985 / 372.721
=3.03

* 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 3.03 mean?
ASR Microelectronics Co (SHSE:688220) has a Receivables Turnover of 3.03 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 ASR Microelectronics Co and its competitors. According to the industry distribution chart, ASR Microelectronics Co ranks #156 out of 1020 companies in the Semiconductors industry, placing it in the top 15.3%.
Is ASR Microelectronics Co's Receivables Turnover too high?
ASR Microelectronics Co's current Receivables Turnover is 3.03. The Semiconductors industry median Receivables Turnover is 5.79. ASR Microelectronics Co's value of 3.03 is 47.7% below this industry median. Based on the distribution chart, ASR Microelectronics Co ranks #156 out of 1020 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, ASR Microelectronics 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 ASR Microelectronics Co's Receivables Turnover compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, ASR Microelectronics Co ranks #156 out of 1020 companies for Receivables Turnover. This places ASR Microelectronics Co in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.79. ASR Microelectronics Co's value of 3.03 is 47.7% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.79, based on 1,020 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. ASR Microelectronics Co's current Receivables Turnover of 3.03 is 47.7% 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 ASR Microelectronics Co and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASR Microelectronics Co's current Receivables Turnover is 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASR Microelectronics Co stock overvalued right now?
Based on GuruFocus' analysis, ASR Microelectronics Co (SHSE:688220) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥116.66, compared to a current price of ¥102.98 — trading 11.7% below its estimated fair value. The current Receivables Turnover is 3.03 and 47.7% below the Semiconductors industry median of 5.79. ASR Microelectronics Co's overall GF Score™ is 81/100 with 3 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 ASR Microelectronics Co (SHSE:688220), the current Receivables Turnover is 3.03 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 ASR Microelectronics Co (SHSE:688220) Overvalued in 2026?

Based on GuruFocus' analysis, ASR Microelectronics Co stock appears to be undervalued. The current stock price of ¥102.98 is trading 11.7% below its estimated GF Value™ of ¥116.66. GuruFocus considers ASR Microelectronics Co to be Modestly Undervalued.

Key valuation signals for SHSE:688220:

  • Receivables Turnover: 3.03
  • GF Value™: ¥116.66 vs. price of ¥102.98 (11.7% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 47.7% below the Semiconductors median (#156 of 1020)

No single metric tells the full story. See the SHSE:688220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASR Microelectronics Co Business Description

Address No.399 Keyuan Road, 8th Floor, Building 10, Pilot Free Trade Zone (Nominal Floor 9th Floor), Shanghai, CHN, 201203
ASR Microelectronics Co Ltd is engaged in the research, development, and technological innovation of wireless communication chips.
81GF Score

Get the complete analysis for SHSE:688220

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

¥102.98
Price
¥116.66
GF Value