Ningbo Shanshan Co (XSWX:SSNE) Receivables Turnover: 1.18 (As of Mar. 2026)


XSWX:SSNE Ningbo Shanshan Co Ltd XSWX:SSNE
79 GF Score
Price $17.80
GF Value $18.51
! 9 Warning Signs
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What is Ningbo Shanshan Co Receivables Turnover?

Ningbo Shanshan Co XSWX:SSNE 79 Receivables Turnover is 1.18 as of Mar. 2026. GuruFocus rates XSWX:SSNE with a GF Score™ of 79/100 and a GF Value™ of $18.51. The stock has 9 warning signs investors should review. Among 1,574 Chemicals companies, Ningbo Shanshan Co ranks worse than 54.76% 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. Ningbo Shanshan Co's Revenue for the three months ended in Mar. 2026 was $781 Mil. Ningbo Shanshan Co's average Accounts Receivable for the three months ended in Mar. 2026 was $663 Mil. Hence, Ningbo Shanshan Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.18.


Ningbo Shanshan Co  (XSWX:SSNE) 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.


Ningbo Shanshan Co Receivables Turnover Related Terms


Ningbo Shanshan Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ningbo Shanshan 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.

Ningbo Shanshan Co Receivables Turnover Chart

Ningbo Shanshan Co 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 5.71 4.81 4.03 3.75 4.46

Ningbo Shanshan Co 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 0.97 1.18 1.40 1.73 1.18

XSWX:SSNE vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Ningbo Shanshan 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.


Ningbo Shanshan Co Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningbo Shanshan Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ningbo Shanshan Co's Receivables Turnover falls into.


XSWX:SSNE
79GF Score
Ningbo Shanshan Co Ltd XSWX:SSNE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Shanshan Co Receivables Turnover Calculation

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

Ningbo Shanshan 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 )
=3064.944 / ((715.472 + 659.405) / 2 )
=3064.944 / 687.4385
=4.46

Ningbo Shanshan Co'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 )
=780.621 / ((659.405 + 667.541) / 2 )
=780.621 / 663.473
=1.18

* 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 1.18 mean?
Ningbo Shanshan Co (XSWX:SSNE) has a Receivables Turnover of 1.18 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 Ningbo Shanshan Co and its competitors. According to the industry distribution chart, Ningbo Shanshan Co ranks #862 out of 1574 companies in the Chemicals industry, placing it in the top 54.8%.
Is Ningbo Shanshan Co's Receivables Turnover too high?
Ningbo Shanshan Co's current Receivables Turnover is 1.18. The Chemicals industry median Receivables Turnover is 5.56. Ningbo Shanshan Co's value of 1.18 is 78.8% below this industry median. Based on the distribution chart, Ningbo Shanshan Co ranks #862 out of 1574 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ningbo Shanshan Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Shanshan Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ningbo Shanshan Co ranks #862 out of 1574 companies for Receivables Turnover. This places Ningbo Shanshan Co in the lower half of its industry. The industry median Receivables Turnover is 5.56. Ningbo Shanshan Co's value of 1.18 is 78.8% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.56, based on 1,574 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. Ningbo Shanshan Co's current Receivables Turnover of 1.18 is 78.8% 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 Ningbo Shanshan Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Shanshan Co's current Receivables Turnover is 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Shanshan Co stock overvalued right now?
Ningbo Shanshan Co (XSWX:SSNE) has a current Receivables Turnover of 1.18. The stock's GF Value™ is $18.51, compared to a current price of $17.80 — trading 3.8% below its estimated fair value. The current Receivables Turnover is 1.18 and 78.8% below the Chemicals industry median of 5.56. Ningbo Shanshan Co's overall GF Score™ is 79/100 with 9 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 Ningbo Shanshan Co (XSWX:SSNE), the current Receivables Turnover is 1.18 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 Ningbo Shanshan Co (XSWX:SSNE) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Shanshan Co stock appears to be undervalued. The current stock price of $17.80 is trading 3.8% below its estimated GF Value™ of $18.51.

Key valuation signals for XSWX:SSNE:

  • Receivables Turnover: 1.18
  • GF Value™: $18.51 vs. price of $17.80 (3.8% below fair value)
  • GF Score™: 79/100 with 9 warning signs
  • Industry Position: 78.8% below the Chemicals median (#862 of 1574)

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


Ningbo Shanshan Co Business Description

Other Exchanges 600884:China
Address No. 777, Rili Middle Road, 28th Floor, Shanshan Building, Room 801, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100
Ningbo Shanshan Co Ltd is engaged in Research & Development, production and sales of lithium battery materials, LCD polarizer business, clothing brand operation, quasi-financial and venture capital business.
79GF Score

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

$17.80
Price
$18.51
GF Value