Asia Cement (TPE:1102) Change In Receivables: NT$2,821 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1102 Asia Cement Corp TPE:1102
73 GF Score
Price NT$32.35
GF Value NT$35.39
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Asia Cement Change In Receivables?

Asia Cement TPE:1102 -0.31% 73 Change In Receivables is NT$2,821 Mil as of Mar. 2026. GuruFocus rates TPE:1102 with a GF Score™ of 73/100 and a GF Value™ of NT$35.39 (Fairly Valued). The stock has 6 warning signs investors should review.

Asia Cement's change in receivables for the quarter that ended in Mar. 2026 was NT$914 Mil. It means Asia Cement's Accounts Receivable declined by NT$914 Mil from Dec. 2025 to Mar. 2026 .

Asia Cement's change in receivables for the fiscal year that ended in Dec. 2025 was NT$2,628 Mil. It means Asia Cement's Accounts Receivable declined by NT$2,628 Mil from Dec. 2024 to Dec. 2025 .

Asia Cement's Accounts Receivable for the quarter that ended in Mar. 2026 was NT$9,827 Mil.

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 Receivable are being managed. Asia Cement's Days Sales Outstanding for the three months ended in Mar. 2026 was 60.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asia Cement's liquidation value for the three months ended in Mar. 2026 was NT$-43,811 Mil.


Asia Cement  (TPE:1102) Change In Receivables 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 Receivable are being managed.

Asia Cement's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9826.962/14829.491*91
=60.47

2. In Ben Graham's calculation of liquidation value, Asia Cement's accounts receivable are only considered to be worth 75% of book value:

Asia Cement's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=74005.325-128784.897+0.75 * 9826.962+0.5 * 7196.154
=-43,811

* 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.


Asia Cement Change In Receivables Related Terms


Asia Cement Change In Receivables Historical Data

* Premium members only.

The historical data trend for Asia Cement's Change In Receivables 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.

Asia Cement Change In Receivables Chart

Asia Cement Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -515.16 4,467.94 3,591.15 514.07 2,628.24

Asia Cement Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 721.35 671.88 355.19 879.83 913.71
TPE:1102
73GF Score
Asia Cement Corp TPE:1102
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Cement Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$2,821 Mil.

* 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 Change In Receivables →
What does a Change In Receivables of NT$2,821 Mil mean?
Asia Cement (TPE:1102) has a Change In Receivables of NT$2,821 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Asia Cement and its competitors.
Is Asia Cement's Change In Receivables too high?
Asia Cement's current Change In Receivables is NT$2,821 Mil. Overall, Asia Cement has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Cement's Change In Receivables compare to CRH and VMC?
Asia Cement's Change In Receivables of NT$2,821 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Building Materials company?
A good Change In Receivables depends on the Building Materials industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Asia Cement and its competitors. Asia Cement's current Change In Receivables is NT$2,821 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Cement stock overvalued right now?
Based on GuruFocus' analysis, Asia Cement (TPE:1102) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.39, compared to a current price of NT$32.35 — trading 8.6% below its estimated fair value. The current Change In Receivables is NT$2,821 Mil. Asia Cement's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Asia Cement (TPE:1102), the current Change In Receivables is NT$2,821 Mil 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 Asia Cement (TPE:1102) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Cement stock appears to be undervalued. The current stock price of NT$32.35 is trading 8.6% below its estimated GF Value™ of NT$35.39. GuruFocus considers Asia Cement to be Fairly Valued.

Key valuation signals for TPE:1102:

  • Change In Receivables: NT$2,821 Mil
  • GF Value™: NT$35.39 vs. price of NT$32.35 (8.6% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the TPE:1102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Cement Business Description

Address No. 207, Dunhua South Road, 30th-31st Floor, Section 2, Daan District, Taipei, TWN, 106
Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries, and engages in leasing activities. The company is also required to undertake reforestation activities in designated areas. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, and plaster among others. Its reportable segments are as follows: Cement which derives key revenue, Electric Power, Investment, Engineering, Transportation, Stainless Steel, and Leasing. The majority of Its revenue comes from Taiwan and China.
73GF Score

Get the complete analysis for TPE:1102

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

NT$32.35
Price
NT$35.39
GF Value