Wafer Works (Shanghai) Co (SHSE:688584) Receivables Turnover: 1.35 (As of Jun. 2026)

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SHSE:688584 Wafer Works (Shanghai) Co Ltd SHSE:688584
38 GF Score
Price ¥28.00
! 5 Warning Signs
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What is Wafer Works (Shanghai) Co Receivables Turnover?

Wafer Works (Shanghai) Co SHSE:688584 -2.95% 38 Receivables Turnover is 1.35 as of Jun. 2026. GuruFocus rates SHSE:688584 with a GF Score™ of 38/100. The stock has 5 warning signs investors should review. Among 1,020 Semiconductors companies, Wafer Works (Shanghai) Co ranks worse than 58.63% 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. Wafer Works (Shanghai) Co's Revenue for the three months ended in Jun. 2026 was ¥313 Mil. Wafer Works (Shanghai) Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥231 Mil. Hence, Wafer Works (Shanghai) Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.35.


Wafer Works (Shanghai) Co  (SHSE:688584) 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.


Wafer Works (Shanghai) Co Receivables Turnover Related Terms


Wafer Works (Shanghai) Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Wafer Works (Shanghai) 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.

Wafer Works (Shanghai) Co Receivables Turnover Chart

Wafer Works (Shanghai) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 4.97 4.87 5.23 5.48 5.77

Wafer Works (Shanghai) Co Quarterly Data
Dec20 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 1.49 1.34 1.09 1.18 1.35

SHSE:688584 vs LRCX, AMAT, KLAC: Receivables Turnover Comparison

For the Semiconductor Equipment & Materials subindustry, Wafer Works (Shanghai) 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.


Wafer Works (Shanghai) Co Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Wafer Works (Shanghai) Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Wafer Works (Shanghai) Co's Receivables Turnover falls into.


SHSE:688584
38GF Score
Wafer Works (Shanghai) Co Ltd SHSE:688584
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Wafer Works (Shanghai) Co Receivables Turnover Calculation

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

Wafer Works (Shanghai) 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 )
=1311.342 / ((206.262 + 248.607) / 2 )
=1311.342 / 227.4345
=5.77

Wafer Works (Shanghai) 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 )
=313.007 / ((226.124 + 236.827) / 2 )
=313.007 / 231.4755
=1.35

* 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 1.35 mean?
Wafer Works (Shanghai) Co (SHSE:688584) has a Receivables Turnover of 1.35 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 Wafer Works (Shanghai) Co and its competitors. According to the industry distribution chart, Wafer Works (Shanghai) Co ranks #598 out of 1020 companies in the Semiconductors industry, placing it in the top 58.6%.
Is Wafer Works (Shanghai) Co's Receivables Turnover too high?
Wafer Works (Shanghai) Co's current Receivables Turnover is 1.35. The Semiconductors industry median Receivables Turnover is 5.79. Wafer Works (Shanghai) Co's value of 1.35 is 76.7% below this industry median. Based on the distribution chart, Wafer Works (Shanghai) Co ranks #598 out of 1020 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Wafer Works (Shanghai) Co has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Wafer Works (Shanghai) Co's Receivables Turnover compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, Wafer Works (Shanghai) Co ranks #598 out of 1020 companies for Receivables Turnover. This places Wafer Works (Shanghai) Co in the lower half of its industry. The industry median Receivables Turnover is 5.79. Wafer Works (Shanghai) Co's value of 1.35 is 76.7% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.79, based on 1,020 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. Wafer Works (Shanghai) Co's current Receivables Turnover of 1.35 is 76.7% 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 Wafer Works (Shanghai) Co and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wafer Works (Shanghai) Co's current Receivables Turnover is 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafer Works (Shanghai) Co stock overvalued right now?
Wafer Works (Shanghai) Co (SHSE:688584) has a current Receivables Turnover of 1.35. The current Receivables Turnover is 1.35 and 76.7% below the Semiconductors industry median of 5.79. Wafer Works (Shanghai) Co's overall GF Score™ is 38/100 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 Wafer Works (Shanghai) Co (SHSE:688584), the current Receivables Turnover is 1.35 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.

Wafer Works (Shanghai) Co Business Description

Address Changta Road, No. 558, Shihudang Town, Songjiang District, Shanghai, CHN, 201617
Wafer Works (Shanghai) Co Ltd is engaged in the manufacturing of semiconductor silicon epitaxial wafers in China. Its main products are semiconductor silicon epitaxial wafers and is mainly used to prepare power devices and analog chips, and are widely used in automobiles, communications, electric power, industry, consumer electronics, high-end equipment, and other fields.
38GF Score

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