Chengdu M&S Electronics Technology Co (SHSE:688311) Receivables Turnover: 0.17 (As of Jun. 2026)

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SHSE:688311 Chengdu M&S Electronics Technology Co Ltd SHSE:688311
71 GF Score
Price ¥22.36
GF Value ¥59.76
Valuation Possible Value Trap
! 4 Warning Signs
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What is Chengdu M&S Electronics Technology Co Receivables Turnover?

Chengdu M&S Electronics Technology Co SHSE:688311 -1.37% 71 Receivables Turnover is 0.17 as of Jun. 2026. GuruFocus rates SHSE:688311 with a GF Score™ of 71/100 and a GF Value™ of ¥59.76 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,467 Hardware companies, Chengdu M&S Electronics Technology Co ranks worse than 97.73% 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. Chengdu M&S Electronics Technology Co's Revenue for the three months ended in Jun. 2026 was ¥122.1 Mil. Chengdu M&S Electronics Technology Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥717.2 Mil. Hence, Chengdu M&S Electronics Technology Co's Receivables Turnover for the three months ended in Jun. 2026 was 0.17.


Chengdu M&S Electronics Technology Co  (SHSE:688311) 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.


Chengdu M&S Electronics Technology Co Receivables Turnover Related Terms


Chengdu M&S Electronics Technology Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Chengdu M&S Electronics Technology 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.

Chengdu M&S Electronics Technology Co Receivables Turnover Chart

Chengdu M&S Electronics Technology 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 1.01 0.89 0.58 0.26 0.87

Chengdu M&S Electronics Technology 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 0.20 0.24 0.44 0.02 0.17

SHSE:688311 vs CSCO, MSI, HPE: Receivables Turnover Comparison

For the Communication Equipment subindustry, Chengdu M&S Electronics 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.


Chengdu M&S Electronics Technology Co Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Chengdu M&S Electronics Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chengdu M&S Electronics Technology Co's Receivables Turnover falls into.


SHSE:688311
71GF Score
Chengdu M&S Electronics Technology Co Ltd SHSE:688311
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Chengdu M&S Electronics Technology Co Receivables Turnover Calculation

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

Chengdu M&S Electronics Technology 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 )
=525.097 / ((499.382 + 707.933) / 2 )
=525.097 / 603.6575
=0.87

Chengdu M&S Electronics Technology 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 )
=122.097 / ((683.883 + 750.443) / 2 )
=122.097 / 717.163
=0.17

* 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 0.17 mean?
Chengdu M&S Electronics Technology Co (SHSE:688311) has a Receivables Turnover of 0.17 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 Chengdu M&S Electronics Technology Co and its competitors. According to the industry distribution chart, Chengdu M&S Electronics Technology Co ranks #2411 out of 2467 companies in the Hardware industry, placing it in the top 97.7%.
Is Chengdu M&S Electronics Technology Co's Receivables Turnover too high?
Chengdu M&S Electronics Technology Co's current Receivables Turnover is 0.17. The Hardware industry median Receivables Turnover is 5.00. Chengdu M&S Electronics Technology Co's value of 0.17 is 96.6% below this industry median. Based on the distribution chart, Chengdu M&S Electronics Technology Co ranks #2411 out of 2467 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Chengdu M&S Electronics Technology Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chengdu M&S Electronics Technology Co's Receivables Turnover compare to CSCO and MSI?
According to the Hardware industry distribution chart, Chengdu M&S Electronics Technology Co ranks #2411 out of 2467 companies for Receivables Turnover. This places Chengdu M&S Electronics Technology Co in the lower half of its industry. The industry median Receivables Turnover is 5.00. Chengdu M&S Electronics Technology Co's value of 0.17 is 96.6% 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 a Hardware company?
The median Receivables Turnover among Hardware companies is 5.00, based on 2,467 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. Chengdu M&S Electronics Technology Co's current Receivables Turnover of 0.17 is 96.6% 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 Chengdu M&S Electronics Technology Co and its competitors. For the Hardware industry, the median Receivables Turnover is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chengdu M&S Electronics Technology Co's current Receivables Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chengdu M&S Electronics Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Chengdu M&S Electronics Technology Co (SHSE:688311) is currently considered Possible Value Trap. The stock's GF Value™ is ¥59.76, compared to a current price of ¥22.36 — trading 62.6% below its estimated fair value. The current Receivables Turnover is 0.17 and 96.6% below the Hardware industry median of 5.00. Chengdu M&S Electronics Technology Co's overall GF Score™ is 71/100 with 4 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 Chengdu M&S Electronics Technology Co (SHSE:688311), the current Receivables Turnover is 0.17 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 Chengdu M&S Electronics Technology Co (SHSE:688311) Overvalued in 2026?

Based on GuruFocus' analysis, Chengdu M&S Electronics Technology Co stock appears to be undervalued. The current stock price of ¥22.36 is trading 62.6% below its estimated GF Value™ of ¥59.76. GuruFocus considers Chengdu M&S Electronics Technology Co to be Possible Value Trap.

Key valuation signals for SHSE:688311:

  • Receivables Turnover: 0.17
  • GF Value™: ¥59.76 vs. price of ¥22.36 (62.6% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 96.6% below the Hardware median (#2411 of 2467)

No single metric tells the full story. See the SHSE:688311 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chengdu M&S Electronics Technology Co Business Description

Address No. 5, Xixin Avenue, Building 1, Building 5, Huidu Headquarters Park, High-tech West District, Sichuan Province, Chengdu, CHN, 611731
Chengdu M&S Electronics Technology Co Ltd is engaged in manufacturing of related products in the field of satellite application technology. The company manufactures satellite navigation, satellite communication terminal equipment. The functions of navigation products include timing, positioning, navigation, direction finding, among others. Its Satellite communication products are carried on board, vehicle, and ship, and are used in the field of civil satellite communication.
71GF Score

Get the complete analysis for SHSE:688311

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

¥22.36
Price
¥59.76
GF Value