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NinebotSHSE:689009 -0.75%79 Receivables Turnover is 3.92 as of Jun. 2026. GuruFocus rates SHSE:689009 with a GF Score™ of 79/100 and a GF Value™ of ¥93.29 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 831 Travel & Leisure companies, Ninebot ranks worse than 51.02% 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. Ninebot's Revenue for the
three
months ended in Jun. 2026 was ¥8,488 Mil. Ninebot's average Accounts Receivable for the
three
months ended in Jun. 2026 was ¥2,164 Mil.
Hence, Ninebot's Receivables Turnover for the
three
months ended in Jun. 2026 was 3.92.
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.
Ninebot Receivables Turnover Related Terms
Ninebot Receivables Turnover Historical Data
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The historical data trend for Ninebot'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.
SHSE:689009 vs AS, HAS, LTH: Receivables Turnover Comparison
For the Leisure subindustry, Ninebot'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.
Ninebot Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Ninebot's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ninebot'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.
Ninebot (SHSE:689009) has a Receivables Turnover of 3.92 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 Ninebot and its competitors. According to the industry distribution chart, Ninebot ranks #424 out of 831 companies in the Travel & Leisure industry, placing it in the top 51%.
Is Ninebot's Receivables Turnover too high?
Ninebot's current Receivables Turnover is 3.92. The Travel & Leisure industry median Receivables Turnover is 13.77. Ninebot's value of 3.92 is 71.5% below this industry median. Based on the distribution chart, Ninebot ranks #424 out of 831 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Ninebot has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ninebot's Receivables Turnover compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Ninebot ranks #424 out of 831 companies for Receivables Turnover. This places Ninebot in the lower half of its industry. The industry median Receivables Turnover is 13.77. Ninebot's value of 3.92 is 71.5% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 13.77, based on 831 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. Ninebot's current Receivables Turnover of 3.92 is 71.5% 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 Ninebot and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 13.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ninebot's current Receivables Turnover is 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ninebot stock overvalued right now?
Based on GuruFocus' analysis, Ninebot (SHSE:689009) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥93.29, compared to a current price of ¥39.90 — trading 57.2% below its estimated fair value. The current Receivables Turnover is 3.92 and 71.5% below the Travel & Leisure industry median of 13.77. Ninebot's overall GF Score™ is 79/100 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 Ninebot (SHSE:689009), the current Receivables Turnover is 3.92 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 Ninebot (SHSE:689009) Overvalued in 2026?
Based on GuruFocus' analysis, Ninebot stock appears to be undervalued.
The current stock price of ¥39.90 is trading 57.2% below its estimated GF Value™ of ¥93.29.
GuruFocus considers Ninebot to be Significantly Undervalued.
Key valuation signals for SHSE:689009:
Receivables Turnover: 3.92
GF Value™: ¥93.29 vs. price of ¥39.90 (57.2% below fair value)
Industry Position: 71.5% below the Travel & Leisure median (#424 of 831)
No single metric tells the full story. See the SHSE:689009 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ninebot Ltd is engaged in the research and development, design, manufacturing, distribution and sales of short-distance transportation products. The products offered by the company include electric balance bikes and electric scooters for short distance commuting.
79GF Score
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