WAI (Top KingWin) Receivables Turnover: 10.62 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAI Top KingWin Ltd WAI
49 GF Score
Price $1.92
GF Value $19.29
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Top KingWin Receivables Turnover?

Top KingWin WAI +2.13% 49 Receivables Turnover is 10.62 as of Dec. 2025. GuruFocus rates WAI with a GF Score™ of 49/100 and a GF Value™ of $19.29 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 579 Capital Markets companies, Top KingWin ranks better than 69.6% 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. Top KingWin's Revenue for the six months ended in Dec. 2025 was $4.62 Mil. Top KingWin's average Accounts Receivable for the six months ended in Dec. 2025 was $0.44 Mil. Hence, Top KingWin's Receivables Turnover for the six months ended in Dec. 2025 was 10.62.


Top KingWin  (NAS:WAI) 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.


Top KingWin Receivables Turnover Related Terms


Top KingWin Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Top KingWin'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.

Top KingWin Receivables Turnover Chart

Top KingWin Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 7.62 6.14 21.12 7.97 12.49

Top KingWin Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 3.77 5.87 10.93 10.62

WAI vs NCPL, ITEX, PMAX: Receivables Turnover Comparison

For the Capital Markets subindustry, Top KingWin'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.


Top KingWin Receivables Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Top KingWin's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Top KingWin's Receivables Turnover falls into.


WAI
49GF Score
Top KingWin Ltd WAI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top KingWin Receivables Turnover Calculation

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

Top KingWin'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 )
=8.038 / ((0.521 + 0.766) / 2 )
=8.038 / 0.6435
=12.49

Top KingWin's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=4.621 / ((0.104 + 0.766) / 2 )
=4.621 / 0.435
=10.62

* 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 10.62 mean?
Top KingWin (WAI) has a Receivables Turnover of 10.62 as of Dec. 2025. 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 Top KingWin and its competitors. According to the industry distribution chart, Top KingWin ranks #176 out of 579 companies in the Capital Markets industry, placing it in the top 30.4%.
Is Top KingWin's Receivables Turnover too high?
Top KingWin's current Receivables Turnover is 10.62. The Capital Markets industry median Receivables Turnover is 6.85. Top KingWin's value of 10.62 is 55% above this industry median. Based on the distribution chart, Top KingWin ranks #176 out of 579 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Top KingWin has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Top KingWin's Receivables Turnover compare to NCPL and ITEX?
According to the Capital Markets industry distribution chart, Top KingWin ranks #176 out of 579 companies for Receivables Turnover. This puts Top KingWin in the upper half of its industry. The industry median Receivables Turnover is 6.85. Top KingWin's value of 10.62 is 55% above 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.85, based on 579 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. Top KingWin's current Receivables Turnover of 10.62 is 55% above 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 Top KingWin and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top KingWin's current Receivables Turnover is 10.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top KingWin stock overvalued right now?
Based on GuruFocus' analysis, Top KingWin (WAI) is currently considered Possible Value Trap. The stock's GF Value™ is $19.29, compared to a current price of $1.92 — trading 90% below its estimated fair value. The current Receivables Turnover is 10.62 and 55% above the Capital Markets industry median of 6.85. Top KingWin's overall GF Score™ is 49/100 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 Top KingWin (WAI), the current Receivables Turnover is 10.62 as of Dec. 2025. 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 Top KingWin (WAI) Overvalued in 2026?

Based on GuruFocus' analysis, Top KingWin stock appears to be undervalued. The current stock price of $1.92 is trading 90% below its estimated GF Value™ of $19.29. GuruFocus considers Top KingWin to be Possible Value Trap.

Key valuation signals for WAI:

  • Receivables Turnover: 10.62
  • GF Value™: $19.29 vs. price of $1.92 (90% below fair value)
  • GF Score™: 49/100 with 7 warning signs
  • Industry Position: 55% above the Capital Markets median (#176 of 579)

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


Top KingWin Business Description

Address Intersection of Houhai Avenue and Haide 1st Road, 15N, Block B, Zhongzhou Holding Financial Center, Nanshan District, Guangdong Province, Shenzhen, CHN, 518064
Top KingWin Ltd is an offshore holding company. The company provides business services mainly to small and medium-sized enterprises, focusing on corporate training related to capital markets, business planning, and fundraising awareness, including guidance on public listing processes and regulatory basics. It also offers corporate consulting, advisory, and transaction services that are customized to clients' fundraising and strategic financial needs, often delivered as bundled or modular solutions. In addition, the company has expanded into selling AI-related devices for data collection and analysis as well as robots with interactive and multi-scenario capabilities, and it has also started limited overseas operations through a subsidiary in the United States.
49GF Score

Get the complete analysis for WAI

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

$1.92
Price
$19.29
GF Value