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Beijing Tongyizhong New Material Technology (SHSE:688722) 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.
Beijing Tongyizhong New Material Technology Receivables Turnover Related Terms
Beijing Tongyizhong New Material Technology Receivables Turnover Historical Data
* 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.
Beijing Tongyizhong New Material Technology Receivables Turnover Chart
Beijing Tongyizhong New Material Technology Annual Data
Beijing Tongyizhong New Material Technology Receivables Turnover Competitor Comparison
For the Textile Manufacturing subindustry, Beijing Tongyizhong New Material Technology'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.
Beijing Tongyizhong New Material Technology Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Beijing Tongyizhong New Material Technology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Beijing Tongyizhong New Material Technology'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.
Beijing Tongyizhong New Material Technology (SHSE:688722) has a Receivables Turnover of 2.18 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 Beijing Tongyizhong New Material Technology and its competitors. According to the industry distribution chart, Beijing Tongyizhong New Material Technology ranks #404 out of 1033 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39.1%.
Is Beijing Tongyizhong New Material Technology's Receivables Turnover too high?
Beijing Tongyizhong New Material Technology's current Receivables Turnover is 2.18. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Beijing Tongyizhong New Material Technology's value of 2.18 is 68.4% below this industry median. Based on the distribution chart, Beijing Tongyizhong New Material Technology ranks #404 out of 1033 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Beijing Tongyizhong New Material Technology has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Tongyizhong New Material Technology's Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Beijing Tongyizhong New Material Technology ranks #404 out of 1033 companies for Receivables Turnover. This puts Beijing Tongyizhong New Material Technology in the upper half of its industry. The industry median Receivables Turnover is 6.89. Beijing Tongyizhong New Material Technology's value of 2.18 is 68.4% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,033 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. Beijing Tongyizhong New Material Technology's current Receivables Turnover of 2.18 is 68.4% 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 Beijing Tongyizhong New Material Technology and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Tongyizhong New Material Technology's current Receivables Turnover is 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Tongyizhong New Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Beijing Tongyizhong New Material Technology (SHSE:688722) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥22.55, compared to a current price of ¥14.41 — trading 36.1% below its estimated fair value. The current Receivables Turnover is 2.18 and 68.4% below the Manufacturing - Apparel & Accessories industry median of 6.89. Beijing Tongyizhong New Material Technology's overall GF Score™ is 85/100 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 Beijing Tongyizhong New Material Technology (SHSE:688722), the current Receivables Turnover is 2.18 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 Beijing Tongyizhong New Material Technology (SHSE:688722) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Tongyizhong New Material Technology stock appears to be undervalued.
The current stock price of ¥14.41 is trading 36.1% below its estimated GF Value™ of ¥22.55.
GuruFocus considers Beijing Tongyizhong New Material Technology to be Significantly Undervalued.
Key valuation signals for SHSE:688722:
Receivables Turnover: 2.18
GF Value™: ¥22.55 vs. price of ¥14.41 (36.1% below fair value)
Industry Position: 68.4% below the Manufacturing - Apparel & Accessories median (#404 of 1033)
No single metric tells the full story. See the SHSE:688722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Tongyizhong New Material Technology Corp is engaged in the research and development, production and sales of ultra-high molecular weight polyethylene fibers and their composite materials.
85GF Score
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