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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. Hangzhou AGS Medtech Co's Revenue for the
three
months ended in Jun. 2026 was ¥161.1 Mil. Hangzhou AGS Medtech Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥40.3 Mil.
Hence, Hangzhou AGS Medtech Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 4.00.
Hangzhou AGS Medtech Co (SHSE:688581) 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.
Hangzhou AGS Medtech Co Receivables Turnover Related Terms
Hangzhou AGS Medtech Co Receivables Turnover Historical Data
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The historical data trend for Hangzhou AGS Medtech 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.
Hangzhou AGS Medtech Co Receivables Turnover Chart
SHSE:688581 vs ABT, SYK, MDT: Receivables Turnover Comparison
For the Medical Devices subindustry, Hangzhou AGS Medtech 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.
Hangzhou AGS Medtech Co Receivables Turnover vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Hangzhou AGS Medtech Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hangzhou AGS Medtech 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.
Hangzhou AGS Medtech Co (SHSE:688581) has a Receivables Turnover of 4.00 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 Hangzhou AGS Medtech Co and its competitors. According to the industry distribution chart, Hangzhou AGS Medtech Co ranks #74 out of 813 companies in the Medical Devices & Instruments industry, placing it in the top 9.1%.
Is Hangzhou AGS Medtech Co's Receivables Turnover too high?
Hangzhou AGS Medtech Co's current Receivables Turnover is 4.00. The Medical Devices & Instruments industry median Receivables Turnover is 5.60. Hangzhou AGS Medtech Co's value of 4.00 is 28.6% below this industry median. Based on the distribution chart, Hangzhou AGS Medtech Co ranks #74 out of 813 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Hangzhou AGS Medtech Co has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou AGS Medtech Co's Receivables Turnover compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Hangzhou AGS Medtech Co ranks #74 out of 813 companies for Receivables Turnover. This places Hangzhou AGS Medtech Co in the top 9% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.60. Hangzhou AGS Medtech Co's value of 4.00 is 28.6% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.60, based on 813 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. Hangzhou AGS Medtech Co's current Receivables Turnover of 4.00 is 28.6% 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 Hangzhou AGS Medtech Co and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou AGS Medtech Co's current Receivables Turnover is 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou AGS Medtech Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou AGS Medtech Co (SHSE:688581) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥67.86, compared to a current price of ¥53.50 — trading 21.2% below its estimated fair value. The current Receivables Turnover is 4.00 and 28.6% below the Medical Devices & Instruments industry median of 5.60. Hangzhou AGS Medtech Co's overall GF Score™ is 92/100 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 Hangzhou AGS Medtech Co (SHSE:688581), the current Receivables Turnover is 4.00 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 Hangzhou AGS Medtech Co (SHSE:688581) Overvalued in 2026?
Based on GuruFocus' analysis, Hangzhou AGS Medtech Co stock appears to be undervalued.
The current stock price of ¥53.50 is trading 21.2% below its estimated GF Value™ of ¥67.86.
GuruFocus considers Hangzhou AGS Medtech Co to be Modestly Undervalued.
Key valuation signals for SHSE:688581:
Receivables Turnover: 4.00
GF Value™: ¥67.86 vs. price of ¥53.50 (21.2% below fair value)
Industry Position: 28.6% below the Medical Devices & Instruments median (#74 of 813)
No single metric tells the full story. See the SHSE:688581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hangzhou AGS Medtech Co Ltd is engaged in Research & Development, production, and sales of endoscopic minimally invasive diagnosis and treatment devices. The company upholds the core values of create, insist, share, and provide patients and clinicians with safer and more efficient minimally invasive endoscopic devices, helping patients reduce pain and medical costs.
92GF Score
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