CETC Lantian Technology Co (SHSE:688818) Receivables Turnover: 0.39 (As of Jun. 2026)

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SHSE:688818 CETC Lantian Technology Co Ltd SHSE:688818
18 GF Score
Price ¥43.91
! 2 Warning Signs
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What is CETC Lantian Technology Co Receivables Turnover?

CETC Lantian Technology Co SHSE:688818 -0.32% 18 Receivables Turnover is 0.39 as of Jun. 2026. GuruFocus rates SHSE:688818 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 2,471 Hardware companies, CETC Lantian Technology Co ranks worse than 94.54% 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. CETC Lantian Technology Co's Revenue for the three months ended in Jun. 2026 was ¥1,003 Mil. CETC Lantian Technology Co's average Accounts Receivable for the three months ended in Jun. 2026 was ¥2,591 Mil. Hence, CETC Lantian Technology Co's Receivables Turnover for the three months ended in Jun. 2026 was 0.39.


CETC Lantian Technology Co  (SHSE:688818) 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.


CETC Lantian Technology Co Receivables Turnover Related Terms


CETC Lantian Technology Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for CETC Lantian Technology 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.

CETC Lantian Technology Co Receivables Turnover Chart

CETC Lantian Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Receivables Turnover
2.21 2.29 1.56 1.49

CETC Lantian Technology Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 0.35 0.23 0.64 0.20 0.39

SHSE:688818 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, CETC Lantian Technology 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.


CETC Lantian Technology Co Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, CETC Lantian Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CETC Lantian Technology Co's Receivables Turnover falls into.


SHSE:688818
18GF Score
CETC Lantian Technology Co Ltd SHSE:688818
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CETC Lantian Technology Co Receivables Turnover Calculation

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

CETC Lantian Technology 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 )
=3286.469 / ((2080.693 + 2335.719) / 2 )
=3286.469 / 2208.206
=1.49

CETC Lantian Technology 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 )
=1003.07 / ((2452.58 + 2729.746) / 2 )
=1003.07 / 2591.163
=0.39

* 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 0.39 mean?
CETC Lantian Technology Co (SHSE:688818) has a Receivables Turnover of 0.39 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 CETC Lantian Technology Co and its competitors. According to the industry distribution chart, CETC Lantian Technology Co ranks #2336 out of 2471 companies in the Hardware industry, placing it in the top 94.5%.
Is CETC Lantian Technology Co's Receivables Turnover too high?
CETC Lantian Technology Co's current Receivables Turnover is 0.39. The Hardware industry median Receivables Turnover is 5.04. CETC Lantian Technology Co's value of 0.39 is 92.3% below this industry median. Based on the distribution chart, CETC Lantian Technology Co ranks #2336 out of 2471 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, CETC Lantian Technology Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does CETC Lantian Technology Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, CETC Lantian Technology Co ranks #2336 out of 2471 companies for Receivables Turnover. This places CETC Lantian Technology Co in the lower half of its industry. The industry median Receivables Turnover is 5.04. CETC Lantian Technology Co's value of 0.39 is 92.3% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 5.04, based on 2,471 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. CETC Lantian Technology Co's current Receivables Turnover of 0.39 is 92.3% 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 CETC Lantian Technology Co and its competitors. For the Hardware industry, the median Receivables Turnover is 5.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CETC Lantian Technology Co's current Receivables Turnover is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CETC Lantian Technology Co stock overvalued right now?
CETC Lantian Technology Co (SHSE:688818) has a current Receivables Turnover of 0.39. The current Receivables Turnover is 0.39 and 92.3% below the Hardware industry median of 5.04. CETC Lantian Technology Co's overall GF Score™ is 18/100 with 2 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 CETC Lantian Technology Co (SHSE:688818), the current Receivables Turnover is 0.39 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.

CETC Lantian Technology Co Business Description

Address No. 6, Huake Seventh Road, Binhai High-tech Industrial Development Zone, Tianjin, CHN, 300392
CETC Lantian Technology Co Ltd is mainly engaged in the research and development, production, sales, and services of electrical energy materials, products, and systems. Its business areas include physical power supplies, chemical power supplies, power supply systems, and other upstream and downstream products in the power supply chain.
18GF Score

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