ZHEXF (Zhejiang Expressway Co) Receivables Turnover: 4.08 (As of Dec. 2025)

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ZHEXF Zhejiang Expressway Co Ltd ZHEXF
49 GF Score
Price $0.78
GF Value $0.95
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Zhejiang Expressway Co Receivables Turnover?

Zhejiang Expressway Co ZHEXF 49 Receivables Turnover is 4.08 as of Dec. 2025. GuruFocus rates ZHEXF with a GF Score™ of 49/100 and a GF Value™ of $0.95 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,763 Construction companies, Zhejiang Expressway Co ranks better than 81.34% 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. Zhejiang Expressway Co's Revenue for the three months ended in Dec. 2025 was $799 Mil. Zhejiang Expressway Co's average Accounts Receivable for the three months ended in Dec. 2025 was $196 Mil. Hence, Zhejiang Expressway Co's Receivables Turnover for the three months ended in Dec. 2025 was 4.08.


Zhejiang Expressway Co  (OTCPK:ZHEXF) 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.


Zhejiang Expressway Co Receivables Turnover Related Terms


Zhejiang Expressway Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Zhejiang Expressway 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.

Zhejiang Expressway Co Receivables Turnover Chart

Zhejiang Expressway 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 38.77 28.31 24.10 19.03 16.51

Zhejiang Expressway Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 4.32 4.84 0.00 4.10 4.08

Zhejiang Expressway Co Receivables Turnover Competitor Comparison

For the Infrastructure Operations subindustry, Zhejiang Expressway 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.


Zhejiang Expressway Co Receivables Turnover vs Construction Industry

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

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


ZHEXF
49GF Score
Zhejiang Expressway Co Ltd ZHEXF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Expressway Co Receivables Turnover Calculation

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

Zhejiang Expressway 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 )
=2804.903 / ((144.285 + 195.534) / 2 )
=2804.903 / 169.9095
=16.51

Zhejiang Expressway Co'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: Sep. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=798.663 / ((0 + 195.534) / 1 )
=798.663 / 195.534
=4.08

* 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 4.08 mean?
Zhejiang Expressway Co (ZHEXF) has a Receivables Turnover of 4.08 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 Zhejiang Expressway Co and its competitors. According to the industry distribution chart, Zhejiang Expressway Co ranks #329 out of 1763 companies in the Construction industry, placing it in the top 18.7%.
Is Zhejiang Expressway Co's Receivables Turnover too high?
Zhejiang Expressway Co's current Receivables Turnover is 4.08. The Construction industry median Receivables Turnover is 4.78. Zhejiang Expressway Co's value of 4.08 is 14.6% below this industry median. Based on the distribution chart, Zhejiang Expressway Co ranks #329 out of 1763 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Expressway Co has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Expressway Co's Receivables Turnover compare to competitors?
According to the Construction industry distribution chart, Zhejiang Expressway Co ranks #329 out of 1763 companies for Receivables Turnover. This places Zhejiang Expressway Co in the top 19% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.78. Zhejiang Expressway Co's value of 4.08 is 14.6% 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 4.78, based on 1,763 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. Zhejiang Expressway Co's current Receivables Turnover of 4.08 is 14.6% 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 Zhejiang Expressway Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Expressway Co's current Receivables Turnover is 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Expressway Co (ZHEXF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.95, compared to a current price of $0.78 — trading 17.8% below its estimated fair value. The current Receivables Turnover is 4.08 and 14.6% below the Construction industry median of 4.78. Zhejiang Expressway Co's overall GF Score™ is 49/100 with 4 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 Zhejiang Expressway Co (ZHEXF), the current Receivables Turnover is 4.08 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 Zhejiang Expressway Co (ZHEXF) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Expressway Co stock appears to be undervalued. The current stock price of $0.78 is trading 17.8% below its estimated GF Value™ of $0.95. GuruFocus considers Zhejiang Expressway Co to be Modestly Undervalued.

Key valuation signals for ZHEXF:

  • Receivables Turnover: 4.08
  • GF Value™: $0.95 vs. price of $0.78 (17.8% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 14.6% below the Construction median (#329 of 1763)

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


Zhejiang Expressway Co Business Description

Other Exchanges 00576:Hong KongZHJ:Germany
Address 199 Wuxing Road, Room 501, No. 2, Mingzhu International Business Center, Zhejiang Province, Hangzhou, CHN, 310020
Zhejiang Expressway Co Ltd is a Chinese infrastructure company that, through its subsidiaries, develops, maintains, and operates high-grade roads. The company organizes itself into three segments: toll operation, securities business, and other business. The company derives the majority of revenue and earnings from the toll road business. The securities business, the next segment, provides brokerage services, including advisory, margin lending, and asset management. The company earns the entirety of its revenue domestically.
49GF Score

Get the complete analysis for ZHEXF

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

$0.78
Price
$0.95
GF Value