Shining Victory Motor Electronic Co (TPE:2248) Accounts Receivable: NT$1,427 Mil (As of Jun. 2026)

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TPE:2248 Shining Victory Motor Electronic Co Ltd TPE:2248
83 GF Score
Price NT$59.30
GF Value NT$59.69
Valuation Fairly Valued
! 3 Warning Signs
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What is Shining Victory Motor Electronic Co Accounts Receivable?

Shining Victory Motor Electronic Co TPE:2248 +0.17% 83 Accounts Receivable is NT$1,427 Mil as of Jun. 2026. GuruFocus rates TPE:2248 with a GF Score™ of 83/100 and a GF Value™ of NT$59.69 (Fairly Valued). The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shining Victory Motor Electronic Co's accounts receivables for the quarter that ended in Jun. 2026 was NT$1,427 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shining Victory Motor Electronic Co's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 176.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shining Victory Motor Electronic Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was NT$6.85.


Shining Victory Motor Electronic Co Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Shining Victory Motor Electronic Co's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1427.490000057/739.41100001508*91
=176.17

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Shining Victory Motor Electronic Co's accounts receivable are only considered to be worth 75% of book value:

Shining Victory Motor Electronic Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(875.32800003495+0.75 * 1427.490000057+0.5 * 368.2580000147-1803.815000072
-0-0)/47.6
=6.85

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Shining Victory Motor Electronic Co Accounts Receivable Related Terms


Shining Victory Motor Electronic Co Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Shining Victory Motor Electronic Co's Accounts Receivable 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.

Shining Victory Motor Electronic Co Accounts Receivable Chart

Shining Victory Motor Electronic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 395.12 511.93 1,092.00 1,130.70 1,187.25

Shining Victory Motor Electronic Co Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Receivable 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 928.97 1,105.48 1,187.25 1,273.14 1,427.49
TPE:2248
83GF Score
Shining Victory Motor Electronic Co Ltd TPE:2248
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shining Victory Motor Electronic Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of NT$1,427 Mil mean?
Shining Victory Motor Electronic Co (TPE:2248) has a Accounts Receivable of NT$1,427 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Shining Victory Motor Electronic Co and its competitors.
Is Shining Victory Motor Electronic Co's Accounts Receivable too high?
Shining Victory Motor Electronic Co's current Accounts Receivable is NT$1,427 Mil. Overall, Shining Victory Motor Electronic Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shining Victory Motor Electronic Co's Accounts Receivable compare to ORLY and AZO?
Shining Victory Motor Electronic Co's Accounts Receivable of NT$1,427 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Vehicles & Parts company?
A good Accounts Receivable depends on the Vehicles & Parts industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Shining Victory Motor Electronic Co and its competitors. Shining Victory Motor Electronic Co's current Accounts Receivable is NT$1,427 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Victory Motor Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Shining Victory Motor Electronic Co (TPE:2248) is currently considered Fairly Valued. The stock's GF Value™ is NT$59.69, compared to a current price of NT$59.30 — trading 0.7% below its estimated fair value. The current Accounts Receivable is NT$1,427 Mil. Shining Victory Motor Electronic Co's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Shining Victory Motor Electronic Co (TPE:2248), the current Accounts Receivable is NT$1,427 Mil as of Jun. 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 Shining Victory Motor Electronic Co (TPE:2248) Overvalued in 2026?

Based on GuruFocus' analysis, Shining Victory Motor Electronic Co stock appears to be undervalued. The current stock price of NT$59.30 is trading 0.7% below its estimated GF Value™ of NT$59.69. GuruFocus considers Shining Victory Motor Electronic Co to be Fairly Valued.

Key valuation signals for TPE:2248:

  • Accounts Receivable: NT$1,427 Mil
  • GF Value™: NT$59.69 vs. price of NT$59.30 (0.7% below fair value)
  • GF Score™: 83/100 with 3 warning signs

No single metric tells the full story. See the TPE:2248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shining Victory Motor Electronic Co Business Description

Address The Grand Pavilion Commercial Centre, Oleander Way, 802 West Bay Road, P.O. Box 32052, Grand Cayman, CYM, KY1-1208
Shining Victory Motor Electronic Co Ltd is engaged in the manufacturing and sale of automotive LED interior lighting, interior and exterior decoration, LED automotive lamps, and other automotive parts. The Company is also involved in the production and sales of auto and motorcycle molds, design and manufacture of jigs, assembly of automotive electronic components, production of automotive electronics components, and sales of automobile electronic components. The company mainly operates in China, Thailand, Mexico, and the United States, with China deriving maximum revenue.
83GF Score

Get the complete analysis for TPE:2248

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

NT$59.30
Price
NT$59.69
GF Value