WebRAY Tech Group (SHSE:688651) Receivables Turnover: 0.18 (As of Jun. 2026)

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SHSE:688651 WebRAY Tech Group Inc SHSE:688651
88 GF Score
Price ¥23.81
GF Value ¥27.65
Valuation Modestly Undervalued
! 3 Warning Signs
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What is WebRAY Tech Group Receivables Turnover?

WebRAY Tech Group SHSE:688651 +1.10% 88 Receivables Turnover is 0.18 as of Jun. 2026. GuruFocus rates SHSE:688651 with a GF Score™ of 88/100 and a GF Value™ of ¥27.65 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,776 Software companies, WebRAY Tech Group ranks worse than 94.7% 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. WebRAY Tech Group's Revenue for the three months ended in Jun. 2026 was ¥44.4 Mil. WebRAY Tech Group's average Accounts Receivable for the three months ended in Jun. 2026 was ¥241.1 Mil. Hence, WebRAY Tech Group's Receivables Turnover for the three months ended in Jun. 2026 was 0.18.


WebRAY Tech Group  (SHSE:688651) 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.


WebRAY Tech Group Receivables Turnover Related Terms


WebRAY Tech Group Receivables Turnover Historical Data

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The historical data trend for WebRAY Tech Group'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.

WebRAY Tech Group Receivables Turnover Chart

WebRAY Tech Group Annual Data
Trend Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 1.89 1.50 1.13 1.13

WebRAY Tech Group 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 0.22 0.22 0.62 0.17 0.18

SHSE:688651 vs MSFT, PLTR, ORCL: Receivables Turnover Comparison

For the Software - Infrastructure subindustry, WebRAY Tech Group'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.


WebRAY Tech Group Receivables Turnover vs Software Industry

For the Software industry and Technology sector, WebRAY Tech Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where WebRAY Tech Group's Receivables Turnover falls into.


SHSE:688651
88GF Score
WebRAY Tech Group Inc SHSE:688651
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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WebRAY Tech Group Receivables Turnover Calculation

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

WebRAY Tech Group'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 )
=308.426 / ((280.747 + 264.624) / 2 )
=308.426 / 272.6855
=1.13

WebRAY Tech Group'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 )
=44.41 / ((246.152 + 236.017) / 2 )
=44.41 / 241.0845
=0.18

* 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 0.18 mean?
WebRAY Tech Group (SHSE:688651) has a Receivables Turnover of 0.18 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 WebRAY Tech Group and its competitors. According to the industry distribution chart, WebRAY Tech Group ranks #2629 out of 2776 companies in the Software industry, placing it in the top 94.7%.
Is WebRAY Tech Group's Receivables Turnover too high?
WebRAY Tech Group's current Receivables Turnover is 0.18. The Software industry median Receivables Turnover is 6.01. WebRAY Tech Group's value of 0.18 is 97% below this industry median. Based on the distribution chart, WebRAY Tech Group ranks #2629 out of 2776 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, WebRAY Tech Group has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WebRAY Tech Group's Receivables Turnover compare to MSFT and PLTR?
According to the Software industry distribution chart, WebRAY Tech Group ranks #2629 out of 2776 companies for Receivables Turnover. This places WebRAY Tech Group in the lower half of its industry. The industry median Receivables Turnover is 6.01. WebRAY Tech Group's value of 0.18 is 97% 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 Software company?
The median Receivables Turnover among Software companies is 6.01, based on 2,776 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. WebRAY Tech Group's current Receivables Turnover of 0.18 is 97% 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 WebRAY Tech Group and its competitors. For the Software industry, the median Receivables Turnover is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WebRAY Tech Group's current Receivables Turnover is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WebRAY Tech Group stock overvalued right now?
Based on GuruFocus' analysis, WebRAY Tech Group (SHSE:688651) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥27.65, compared to a current price of ¥23.81 — trading 13.9% below its estimated fair value. The current Receivables Turnover is 0.18 and 97% below the Software industry median of 6.01. WebRAY Tech Group's overall GF Score™ is 88/100 with 3 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 WebRAY Tech Group (SHSE:688651), the current Receivables Turnover is 0.18 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 WebRAY Tech Group (SHSE:688651) Overvalued in 2026?

Based on GuruFocus' analysis, WebRAY Tech Group stock appears to be undervalued. The current stock price of ¥23.81 is trading 13.9% below its estimated GF Value™ of ¥27.65. GuruFocus considers WebRAY Tech Group to be Modestly Undervalued.

Key valuation signals for SHSE:688651:

  • Receivables Turnover: 0.18
  • GF Value™: ¥27.65 vs. price of ¥23.81 (13.9% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 97% below the Software median (#2629 of 2776)

No single metric tells the full story. See the SHSE:688651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WebRAY Tech Group Business Description

Address No. 9, Shangdi 9th Street, 2nd Floor, North Building, Digital Technology Plaza, Haidian District, Beijing, CHN, 100085
WebRAY Tech Group Inc is engaged in Research and development, production and sales of network security products. The company is focused on the field of cyberspace security, with the mission of making cyberspace more orderly, providing customers with basic network security, business scene security, and cyberspace map security products and services.
88GF Score

Get the complete analysis for SHSE:688651

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

¥23.81
Price
¥27.65
GF Value