Chien Shing Harbour Service Co (TPE:8367) Accounts Receivable: NT$489 Mil (As of Jun. 2026)

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TPE:8367 Chien Shing Harbour Service Co Ltd TPE:8367
72 GF Score
Price NT$40.95
GF Value NT$62.12
Valuation Possible Value Trap
! 6 Warning Signs
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What is Chien Shing Harbour Service Co Accounts Receivable?

Chien Shing Harbour Service Co TPE:8367 +0.24% 72 Accounts Receivable is NT$489 Mil as of Jun. 2026. GuruFocus rates TPE:8367 with a GF Score™ of 72/100 and a GF Value™ of NT$62.12 (Possible Value Trap). The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chien Shing Harbour Service Co's accounts receivables for the quarter that ended in Jun. 2026 was NT$489 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chien Shing Harbour Service Co's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 53.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chien Shing Harbour Service Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was NT$-148.25.


Chien Shing Harbour Service 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.

Chien Shing Harbour Service 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
=488.989/833.921*91
=53.51

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Chien Shing Harbour Service Co's accounts receivable are only considered to be worth 75% of book value:

Chien Shing Harbour Service 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)
=(752.24+0.75 * 488.989+0.5 * 0-13419.184
-0-1363.98)/92.172
=-148.25

* 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.


Chien Shing Harbour Service Co Accounts Receivable Related Terms


Chien Shing Harbour Service Co Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Chien Shing Harbour Service 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.

Chien Shing Harbour Service Co Accounts Receivable Chart

Chien Shing Harbour Service 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 352.20 358.89 451.96 421.64 456.34

Chien Shing Harbour Service Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only 423.00 445.26 456.34 468.15 488.99
TPE:8367
72GF Score
Chien Shing Harbour Service Co Ltd TPE:8367
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chien Shing Harbour Service 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$489 Mil mean?
Chien Shing Harbour Service Co (TPE:8367) has a Accounts Receivable of NT$489 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Chien Shing Harbour Service Co and its competitors.
Is Chien Shing Harbour Service Co's Accounts Receivable too high?
Chien Shing Harbour Service Co's current Accounts Receivable is NT$489 Mil. Overall, Chien Shing Harbour Service Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chien Shing Harbour Service Co's Accounts Receivable compare to competitors?
Chien Shing Harbour Service Co's Accounts Receivable of NT$489 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Accounts Receivable depends on the Transportation 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 Chien Shing Harbour Service Co and its competitors. Chien Shing Harbour Service Co's current Accounts Receivable is NT$489 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chien Shing Harbour Service Co stock overvalued right now?
Based on GuruFocus' analysis, Chien Shing Harbour Service Co (TPE:8367) is currently considered Possible Value Trap. The stock's GF Value™ is NT$62.12, compared to a current price of NT$40.95 — trading 34.1% below its estimated fair value. The current Accounts Receivable is NT$489 Mil. Chien Shing Harbour Service Co's overall GF Score™ is 72/100 with 6 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 Chien Shing Harbour Service Co (TPE:8367), the current Accounts Receivable is NT$489 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 Chien Shing Harbour Service Co (TPE:8367) Overvalued in 2026?

Based on GuruFocus' analysis, Chien Shing Harbour Service Co stock appears to be undervalued. The current stock price of NT$40.95 is trading 34.1% below its estimated GF Value™ of NT$62.12. GuruFocus considers Chien Shing Harbour Service Co to be Possible Value Trap.

Key valuation signals for TPE:8367:

  • Accounts Receivable: NT$489 Mil
  • GF Value™: NT$62.12 vs. price of NT$40.95 (34.1% below fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the TPE:8367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chien Shing Harbour Service Co Business Description

Address Lingang Road, No. 68, Section 3, Wuqi District, Taichung, TWN, 435
Chien Shing Harbour Service Co Ltd is a Taiwan-based shipping company. The main business activities of the company include warehousing service, operation of gas stations, sale of gasoline and diesel, operation of convenience stores, automobile cargo transportation, automobile container transport, container leasing, operation of the container terminal, customs brokerage, and vessel stevedoring service. The group has four operating segments - The warehousing segment, the Customs brokerage department, the Transportation segment and the Vessel stevedoring segment. The majority is from the vessel stevedoring segment, which is responsible for stevedoring of break bulk cargo for businesses and shipping companies locally and abroad.
72GF Score

Get the complete analysis for TPE:8367

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

NT$40.95
Price
NT$62.12
GF Value