OKE Precision Cutting Tools Co (SHSE:688308) Receivables Turnover: 1.19 (As of Mar. 2026)

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SHSE:688308 OKE Precision Cutting Tools Co Ltd SHSE:688308
70 GF Score
Price ¥97.28
GF Value ¥48.40
Valuation Significantly Overvalued
! 6 Warning Signs
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What is OKE Precision Cutting Tools Co Receivables Turnover?

OKE Precision Cutting Tools Co SHSE:688308 +1.94% 70 Receivables Turnover is 1.19 as of Mar. 2026. GuruFocus rates SHSE:688308 with a GF Score™ of 70/100 and a GF Value™ of ¥48.40 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,041 Industrial Products companies, OKE Precision Cutting Tools Co ranks worse than 68.3% 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. OKE Precision Cutting Tools Co's Revenue for the three months ended in Mar. 2026 was ¥644 Mil. OKE Precision Cutting Tools Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥540 Mil. Hence, OKE Precision Cutting Tools Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.19.


OKE Precision Cutting Tools Co  (SHSE:688308) 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.


OKE Precision Cutting Tools Co Receivables Turnover Related Terms


OKE Precision Cutting Tools Co Receivables Turnover Historical Data

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The historical data trend for OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools Co Receivables Turnover Chart

OKE Precision Cutting Tools Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 7.77 5.26 3.24 2.99 3.41

OKE Precision Cutting Tools 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 0.69 0.62 0.81 0.86 1.19

SHSE:688308 vs SNA, RBC, SWK: Receivables Turnover Comparison

For the Tools & Accessories subindustry, OKE Precision Cutting Tools 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.


OKE Precision Cutting Tools Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, OKE Precision Cutting Tools Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where OKE Precision Cutting Tools Co's Receivables Turnover falls into.


SHSE:688308
70GF Score
OKE Precision Cutting Tools Co Ltd SHSE:688308
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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OKE Precision Cutting Tools Co Receivables Turnover Calculation

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

OKE Precision Cutting Tools 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 )
=1457.415 / ((389.845 + 465.817) / 2 )
=1457.415 / 427.831
=3.41

OKE Precision Cutting Tools 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 )
=644.051 / ((465.817 + 614.771) / 2 )
=644.051 / 540.294
=1.19

* 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 1.19 mean?
OKE Precision Cutting Tools Co (SHSE:688308) has a Receivables Turnover of 1.19 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 OKE Precision Cutting Tools Co and its competitors. According to the industry distribution chart, OKE Precision Cutting Tools Co ranks #2077 out of 3041 companies in the Industrial Products industry, placing it in the top 68.3%.
Is OKE Precision Cutting Tools Co's Receivables Turnover too high?
OKE Precision Cutting Tools Co's current Receivables Turnover is 1.19. The Industrial Products industry median Receivables Turnover is 4.51. OKE Precision Cutting Tools Co's value of 1.19 is 73.6% below this industry median. Based on the distribution chart, OKE Precision Cutting Tools Co ranks #2077 out of 3041 companies in the Industrial Products industry, which is below the industry midpoint. Overall, OKE Precision Cutting Tools Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OKE Precision Cutting Tools Co's Receivables Turnover compare to SNA and RBC?
According to the Industrial Products industry distribution chart, OKE Precision Cutting Tools Co ranks #2077 out of 3041 companies for Receivables Turnover. This places OKE Precision Cutting Tools Co in the lower half of its industry. The industry median Receivables Turnover is 4.51. OKE Precision Cutting Tools Co's value of 1.19 is 73.6% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.51, based on 3,041 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. OKE Precision Cutting Tools Co's current Receivables Turnover of 1.19 is 73.6% 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 OKE Precision Cutting Tools Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OKE Precision Cutting Tools Co's current Receivables Turnover is 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OKE Precision Cutting Tools Co stock overvalued right now?
Based on GuruFocus' analysis, OKE Precision Cutting Tools Co (SHSE:688308) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥48.40, compared to a current price of ¥97.28 — trading 101% above its estimated fair value. The current Receivables Turnover is 1.19 and 73.6% below the Industrial Products industry median of 4.51. OKE Precision Cutting Tools Co's overall GF Score™ is 70/100 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 OKE Precision Cutting Tools Co (SHSE:688308), the current Receivables Turnover is 1.19 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 OKE Precision Cutting Tools Co (SHSE:688308) Overvalued in 2026?

Based on GuruFocus' analysis, OKE Precision Cutting Tools Co stock appears to be overvalued. The current stock price of ¥97.28 is trading 101% above its estimated GF Value™ of ¥48.40. GuruFocus considers OKE Precision Cutting Tools Co to be Significantly Overvalued.

Key valuation signals for SHSE:688308:

  • Receivables Turnover: 1.19
  • GF Value™: ¥48.40 vs. price of ¥97.28 (101% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 73.6% below the Industrial Products median (#2077 of 3041)

No single metric tells the full story. See the SHSE:688308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OKE Precision Cutting Tools Co Business Description

Address No. 588, Majiahe Road, Jinlong Community, Tianyuan District, Hunan Province, Zhuzhou, CHN, 412007
OKE Precision Cutting Tools Co Ltd is engaged in the Research, development, production and sales of cemented carbide products and CNC cutting tools.
70GF Score

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

¥97.28
Price
¥48.40
GF Value