SHZNF (Shenzhen Expressway) Receivables Turnover: 1.91 (As of Mar. 2026)


SHZNF Shenzhen Expressway Corp Ltd SHZNF
72 GF Score
Price $0.95
GF Value $1.06
! 7 Warning Signs
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What is Shenzhen Expressway Receivables Turnover?

Shenzhen Expressway SHZNF 72 Receivables Turnover is 1.91 as of Mar. 2026. GuruFocus rates SHZNF with a GF Score™ of 72/100 and a GF Value™ of $1.06. The stock has 7 warning signs investors should review. Among 1,761 Construction companies, Shenzhen Expressway ranks better than 83.36% 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. Shenzhen Expressway's Revenue for the three months ended in Mar. 2026 was $255 Mil. Shenzhen Expressway's average Accounts Receivable for the three months ended in Mar. 2026 was $134 Mil. Hence, Shenzhen Expressway's Receivables Turnover for the three months ended in Mar. 2026 was 1.91.


Shenzhen Expressway  (OTCPK:SHZNF) 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.


Shenzhen Expressway Receivables Turnover Related Terms


Shenzhen Expressway Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Shenzhen Expressway'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.

Shenzhen Expressway Receivables Turnover Chart

Shenzhen Expressway Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.30 8.76 9.09 9.51 9.50

Shenzhen Expressway Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.83 2.19 2.11 3.14 1.91

Shenzhen Expressway Receivables Turnover Competitor Comparison

For the Infrastructure Operations subindustry, Shenzhen Expressway'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.


Shenzhen Expressway Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Shenzhen Expressway's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shenzhen Expressway's Receivables Turnover falls into.


SHZNF
72GF Score
Shenzhen Expressway Corp Ltd SHZNF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shenzhen Expressway Receivables Turnover Calculation

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

Shenzhen Expressway'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 )
=1315.38 / ((131.508 + 145.507) / 2 )
=1315.38 / 138.5075
=9.50

Shenzhen Expressway's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=255.265 / ((145.507 + 122.441) / 2 )
=255.265 / 133.974
=1.91

* 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 1.91 mean?
Shenzhen Expressway (SHZNF) has a Receivables Turnover of 1.91 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 Shenzhen Expressway and its competitors. According to the industry distribution chart, Shenzhen Expressway ranks #293 out of 1761 companies in the Construction industry, placing it in the top 16.6%.
Is Shenzhen Expressway's Receivables Turnover too high?
Shenzhen Expressway's current Receivables Turnover is 1.91. The Construction industry median Receivables Turnover is 4.76. Shenzhen Expressway's value of 1.91 is 59.9% below this industry median. Based on the distribution chart, Shenzhen Expressway ranks #293 out of 1761 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Shenzhen Expressway has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Expressway's Receivables Turnover compare to competitors?
According to the Construction industry distribution chart, Shenzhen Expressway ranks #293 out of 1761 companies for Receivables Turnover. This places Shenzhen Expressway in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.76. Shenzhen Expressway's value of 1.91 is 59.9% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.76, based on 1,761 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. Shenzhen Expressway's current Receivables Turnover of 1.91 is 59.9% 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 Shenzhen Expressway and its competitors. For the Construction industry, the median Receivables Turnover is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Expressway's current Receivables Turnover is 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Expressway stock overvalued right now?
Shenzhen Expressway (SHZNF) has a current Receivables Turnover of 1.91. The stock's GF Value™ is $1.06, compared to a current price of $0.95 — trading 10.4% below its estimated fair value. The current Receivables Turnover is 1.91 and 59.9% below the Construction industry median of 4.76. Shenzhen Expressway's overall GF Score™ is 72/100 with 7 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 Shenzhen Expressway (SHZNF), the current Receivables Turnover is 1.91 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 Shenzhen Expressway (SHZNF) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Expressway stock appears to be undervalued. The current stock price of $0.95 is trading 10.4% below its estimated GF Value™ of $1.06.

Key valuation signals for SHZNF:

  • Receivables Turnover: 1.91
  • GF Value™: $1.06 vs. price of $0.95 (10.4% below fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 59.9% below the Construction median (#293 of 1761)

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


Shenzhen Expressway Business Description

Address Shennan Avenue, No. 9968, Hanking Centre, 46th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Expressway Corp Ltd is engaged in the construction, operation, management, and investment of toll highways and environmental protection in China. The Group has identified two reporting segments, namely the toll road segment and the environmental protection segment. The toll road segment takes charge of the operation and management of toll roads in Mainland China. The environmental protection segment operates and manages environmentally related infrastructure, mainly including solid waste treatment, clean energy, and other related fields. The majority of its revenue is derived from the toll road segment.
72GF Score

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

$0.95
Price
$1.06
GF Value