YGMZF (MingZhu Logistics Holdings) Receivables Turnover: 5.64 (As of Jun. 2025)

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What is MingZhu Logistics Holdings Receivables Turnover?

MingZhu Logistics Holdings YGMZF +10.00% Receivables Turnover is 5.64 as of Jun. 2025. The stock has 7 warning signs investors should review. Among 1,004 Transportation companies, MingZhu Logistics Holdings ranks worse than 78.49% 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. MingZhu Logistics Holdings's Revenue for the six months ended in Jun. 2025 was $13.64 Mil. MingZhu Logistics Holdings's average Accounts Receivable for the six months ended in Jun. 2025 was $2.42 Mil. Hence, MingZhu Logistics Holdings's Receivables Turnover for the six months ended in Jun. 2025 was 5.64.


MingZhu Logistics Holdings  (OTCPK:YGMZF) 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.


MingZhu Logistics Holdings Receivables Turnover Related Terms


MingZhu Logistics Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for MingZhu Logistics Holdings'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.

MingZhu Logistics Holdings Receivables Turnover Chart

MingZhu Logistics Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 2.32 3.86 6.43 3.73 2.36

MingZhu Logistics Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 3.55 1.40 0.96 1.88 5.64

YGMZF vs ODFL, XPO, KNX: Receivables Turnover Comparison

For the Trucking subindustry, MingZhu Logistics Holdings'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.


MingZhu Logistics Holdings Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, MingZhu Logistics Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where MingZhu Logistics Holdings's Receivables Turnover falls into.



MingZhu Logistics Holdings Receivables Turnover Calculation

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

MingZhu Logistics Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=40.43 / ((31.567 + 2.706) / 2 )
=40.43 / 17.1365
=2.36

MingZhu Logistics Holdings's Receivables Turnover for the quarter that ended in Jun. 2025 is calculated as

Receivables Turnover (Q: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Jun. 2025 )) / count )
=13.637 / ((2.706 + 2.131) / 2 )
=13.637 / 2.4185
=5.64

* 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 5.64 mean?
MingZhu Logistics Holdings (YGMZF) has a Receivables Turnover of 5.64 as of Jun. 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 MingZhu Logistics Holdings and its competitors. According to the industry distribution chart, MingZhu Logistics Holdings ranks #788 out of 1004 companies in the Transportation industry, placing it in the top 78.5%.
Is MingZhu Logistics Holdings' Receivables Turnover too high?
MingZhu Logistics Holdings' current Receivables Turnover is 5.64. The Transportation industry median Receivables Turnover is 7.81. MingZhu Logistics Holdings' value of 5.64 is 27.8% below this industry median. Based on the distribution chart, MingZhu Logistics Holdings ranks #788 out of 1004 companies in the Transportation industry, which is in the bottom quartile relative to peers.
How does MingZhu Logistics Holdings' Receivables Turnover compare to ODFL and XPO?
According to the Transportation industry distribution chart, MingZhu Logistics Holdings ranks #788 out of 1004 companies for Receivables Turnover. This places MingZhu Logistics Holdings in the lower half of its industry. The industry median Receivables Turnover is 7.81. MingZhu Logistics Holdings' value of 5.64 is 27.8% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.81, based on 1,004 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. MingZhu Logistics Holdings's current Receivables Turnover of 5.64 is 27.8% 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 MingZhu Logistics Holdings and its competitors. For the Transportation industry, the median Receivables Turnover is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MingZhu Logistics Holdings's current Receivables Turnover is 5.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MingZhu Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, MingZhu Logistics Holdings (YGMZF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.31, compared to a current price of $0.00 — trading 100% below its estimated fair value. The current Receivables Turnover is 5.64 and 27.8% below the Transportation industry median of 7.81. 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 MingZhu Logistics Holdings (YGMZF), the current Receivables Turnover is 5.64 as of Jun. 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.

MingZhu Logistics Holdings Business Description

Address No. 3018 Shayan Road, 27th Floor, Yantian Modern Industry Service Center, Yantian District, Guangdong, Shenzhen, CHN, 518081
MingZhu Logistics Holdings Ltd is a Holding company. Its business activities include trucking services and car owner services. The segments of the company are the trucking business, car owner services business, and liquor distribution business.