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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. Altenergy Power System's Revenue for the
three
months ended in Mar. 2026 was ¥148 Mil. Altenergy Power System's average Accounts Receivable for the
three
months ended in Mar. 2026 was ¥350 Mil.
Hence, Altenergy Power System's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.42.
Altenergy Power System (SHSE:688348) 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.
Altenergy Power System Receivables Turnover Related Terms
Altenergy Power System Receivables Turnover Historical Data
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The historical data trend for Altenergy Power System'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.
SHSE:688348 vs CSCO, MSI, LITE: Receivables Turnover Comparison
For the Communication Equipment subindustry, Altenergy Power System'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.
Altenergy Power System Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Altenergy Power System's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Altenergy Power System'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.
Altenergy Power System (SHSE:688348) has a Receivables Turnover of 0.42 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 Altenergy Power System and its competitors. According to the industry distribution chart, Altenergy Power System ranks #1960 out of 2469 companies in the Hardware industry, placing it in the top 79.4%.
Is Altenergy Power System's Receivables Turnover too high?
Altenergy Power System's current Receivables Turnover is 0.42. The Hardware industry median Receivables Turnover is 5.00. Altenergy Power System's value of 0.42 is 91.6% below this industry median. Based on the distribution chart, Altenergy Power System ranks #1960 out of 2469 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Altenergy Power System has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Altenergy Power System's Receivables Turnover compare to CSCO and MSI?
According to the Hardware industry distribution chart, Altenergy Power System ranks #1960 out of 2469 companies for Receivables Turnover. This places Altenergy Power System in the lower half of its industry. The industry median Receivables Turnover is 5.00. Altenergy Power System's value of 0.42 is 91.6% 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 2,469 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. Altenergy Power System's current Receivables Turnover of 0.42 is 91.6% 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 Altenergy Power System 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. Altenergy Power System's current Receivables Turnover is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altenergy Power System stock overvalued right now?
Based on GuruFocus' analysis, Altenergy Power System (SHSE:688348) is currently considered Possible Value Trap. The stock's GF Value™ is ¥55.87, compared to a current price of ¥30.81 — trading 44.9% below its estimated fair value. The current Receivables Turnover is 0.42 and 91.6% below the Hardware industry median of 5.00. Altenergy Power System's overall GF Score™ is 75/100 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 Altenergy Power System (SHSE:688348), the current Receivables Turnover is 0.42 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 Altenergy Power System (SHSE:688348) Overvalued in 2026?
Based on GuruFocus' analysis, Altenergy Power System stock appears to be undervalued.
The current stock price of ¥30.81 is trading 44.9% below its estimated GF Value™ of ¥55.87.
GuruFocus considers Altenergy Power System to be Possible Value Trap.
Key valuation signals for SHSE:688348:
Receivables Turnover: 0.42
GF Value™: ¥55.87 vs. price of ¥30.81 (44.9% below fair value)
Industry Position: 91.6% below the Hardware median (#1960 of 2469)
No single metric tells the full story. See the SHSE:688348 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Yuneng Technology Co Ltd is engaged in the research and development, production and sales of component-level power electronic equipment in distributed photovoltaic power generation systems.
75GF Score
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