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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. Ningbo Solartron Technology Co's Revenue for the
three
months ended in Mar. 2026 was ¥239 Mil. Ningbo Solartron Technology Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥484 Mil.
Hence, Ningbo Solartron Technology Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.49.
Ningbo Solartron Technology Co (SHSE:688299) 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.
Ningbo Solartron Technology Co Receivables Turnover Related Terms
Ningbo Solartron Technology 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.
Ningbo Solartron Technology Co Receivables Turnover Chart
SHSE:688299 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Ningbo Solartron Technology 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.
Ningbo Solartron Technology Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ningbo Solartron Technology Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ningbo Solartron Technology 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.
Ningbo Solartron Technology Co (SHSE:688299) has a Receivables Turnover of 0.49 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 Ningbo Solartron Technology Co and its competitors. According to the industry distribution chart, Ningbo Solartron Technology Co ranks #1503 out of 1579 companies in the Chemicals industry, placing it in the top 95.2%.
Is Ningbo Solartron Technology Co's Receivables Turnover too high?
Ningbo Solartron Technology Co's current Receivables Turnover is 0.49. The Chemicals industry median Receivables Turnover is 5.64. Ningbo Solartron Technology Co's value of 0.49 is 91.3% below this industry median. Based on the distribution chart, Ningbo Solartron Technology Co ranks #1503 out of 1579 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ningbo Solartron Technology Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Solartron Technology Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ningbo Solartron Technology Co ranks #1503 out of 1579 companies for Receivables Turnover. This places Ningbo Solartron Technology Co in the lower half of its industry. The industry median Receivables Turnover is 5.64. Ningbo Solartron Technology Co's value of 0.49 is 91.3% 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. Ningbo Solartron Technology Co's current Receivables Turnover of 0.49 is 91.3% 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 Ningbo Solartron Technology 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. Ningbo Solartron Technology Co's current Receivables Turnover is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Solartron Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Solartron Technology Co (SHSE:688299) is currently considered Fairly Valued. The stock's GF Value™ is ¥13.82, compared to a current price of ¥13.15 — trading 4.8% below its estimated fair value. The current Receivables Turnover is 0.49 and 91.3% below the Chemicals industry median of 5.64. Ningbo Solartron Technology Co's overall GF Score™ is 76/100 with 6 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 Ningbo Solartron Technology Co (SHSE:688299), the current Receivables Turnover is 0.49 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 Ningbo Solartron Technology Co (SHSE:688299) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Solartron Technology Co stock appears to be undervalued.
The current stock price of ¥13.15 is trading 4.8% below its estimated GF Value™ of ¥13.82.
GuruFocus considers Ningbo Solartron Technology Co to be Fairly Valued.
Key valuation signals for SHSE:688299:
Receivables Turnover: 0.49
GF Value™: ¥13.82 vs. price of ¥13.15 (4.8% below fair value)
Industry Position: 91.3% below the Chemicals median (#1503 of 1579)
No single metric tells the full story. See the SHSE:688299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Solartron Technology Co Ltd is mainly engaged in the research, development, production and sales of reflective film, backing base film, optical base film and other special functional films. The main products are reflective film, backing base film, optical base film and other high performance functional films. Used in liquid crystal display, semiconductor lighting, new energy, semiconductor flexible circuit boards and other fields.
76GF Score
Get the complete analysis for SHSE:688299
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