MayAir Technology (China) Co (SHSE:688376) Receivables Turnover: 0.44 (As of Mar. 2026)

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SHSE:688376 MayAir Technology (China) Co Ltd SHSE:688376
80 GF Score
Price ¥69.78
GF Value ¥58.68
Valuation Modestly Overvalued
! 6 Warning Signs
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What is MayAir Technology (China) Co Receivables Turnover?

MayAir Technology (China) Co SHSE:688376 +0.74% 80 Receivables Turnover is 0.44 as of Mar. 2026. GuruFocus rates SHSE:688376 with a GF Score™ of 80/100 and a GF Value™ of ¥58.68 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 3,034 Industrial Products companies, MayAir Technology (China) Co ranks worse than 90.11% 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. MayAir Technology (China) Co's Revenue for the three months ended in Mar. 2026 was ¥458 Mil. MayAir Technology (China) Co's average Accounts Receivable for the three months ended in Mar. 2026 was ¥1,037 Mil. Hence, MayAir Technology (China) Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.44.


MayAir Technology (China) Co  (SHSE:688376) 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.


MayAir Technology (China) Co Receivables Turnover Related Terms


MayAir Technology (China) Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for MayAir Technology (China) 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.

MayAir Technology (China) Co Receivables Turnover Chart

MayAir Technology (China) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 3.14 2.53 2.24 1.98 1.94

MayAir Technology (China) Co Quarterly Data
Dec20 Mar21 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 0.31 0.54 0.46 0.41 0.44

SHSE:688376 vs VLTO, ZWS, CECO: Receivables Turnover Comparison

For the Pollution & Treatment Controls subindustry, MayAir Technology (China) 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.


MayAir Technology (China) Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MayAir Technology (China) Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where MayAir Technology (China) Co's Receivables Turnover falls into.


SHSE:688376
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MayAir Technology (China) Co Ltd SHSE:688376
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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MayAir Technology (China) Co Receivables Turnover Calculation

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

MayAir Technology (China) 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 )
=1929.074 / ((989.993 + 1001.017) / 2 )
=1929.074 / 995.505
=1.94

MayAir Technology (China) 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 )
=458.174 / ((1001.017 + 1072.208) / 2 )
=458.174 / 1036.6125
=0.44

* 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 0.44 mean?
MayAir Technology (China) Co (SHSE:688376) has a Receivables Turnover of 0.44 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 MayAir Technology (China) Co and its competitors. According to the industry distribution chart, MayAir Technology (China) Co ranks #2734 out of 3034 companies in the Industrial Products industry, placing it in the top 90.1%.
Is MayAir Technology (China) Co's Receivables Turnover too high?
MayAir Technology (China) Co's current Receivables Turnover is 0.44. The Industrial Products industry median Receivables Turnover is 4.50. MayAir Technology (China) Co's value of 0.44 is 90.2% below this industry median. Based on the distribution chart, MayAir Technology (China) Co ranks #2734 out of 3034 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, MayAir Technology (China) Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MayAir Technology (China) Co's Receivables Turnover compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, MayAir Technology (China) Co ranks #2734 out of 3034 companies for Receivables Turnover. This places MayAir Technology (China) Co in the lower half of its industry. The industry median Receivables Turnover is 4.50. MayAir Technology (China) Co's value of 0.44 is 90.2% 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 4.50, based on 3,034 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. MayAir Technology (China) Co's current Receivables Turnover of 0.44 is 90.2% 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 MayAir Technology (China) Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MayAir Technology (China) Co's current Receivables Turnover is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MayAir Technology (China) Co stock overvalued right now?
Based on GuruFocus' analysis, MayAir Technology (China) Co (SHSE:688376) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥58.68, compared to a current price of ¥69.78 — trading 18.9% above its estimated fair value. The current Receivables Turnover is 0.44 and 90.2% below the Industrial Products industry median of 4.50. MayAir Technology (China) Co's overall GF Score™ is 80/100 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 MayAir Technology (China) Co (SHSE:688376), the current Receivables Turnover is 0.44 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 MayAir Technology (China) Co (SHSE:688376) Overvalued in 2026?

Based on GuruFocus' analysis, MayAir Technology (China) Co stock appears to be overvalued. The current stock price of ¥69.78 is trading 18.9% above its estimated GF Value™ of ¥58.68. GuruFocus considers MayAir Technology (China) Co to be Modestly Overvalued.

Key valuation signals for SHSE:688376:

  • Receivables Turnover: 0.44
  • GF Value™: ¥58.68 vs. price of ¥69.78 (18.9% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 90.2% below the Industrial Products median (#2734 of 3034)

No single metric tells the full story. See the SHSE:688376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MayAir Technology (China) Co Business Description

Address No. 101 Lanxia Road, Moling Street, Jiangning District, Jiangsu Province, Nanjing, CHN, 211111
MayAir Technology (China) Co Ltd is engaged in the research and development, production and sales of air purification products and atmospheric environment treatment products.
80GF Score

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

¥69.78
Price
¥58.68
GF Value