Victory New Materials Co (TPE:1340) Change In Receivables: NT$32.7 Mil (TTM As of Mar. 2026)

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TPE:1340 Victory New Materials Ltd Co TPE:1340
42 GF Score
Price NT$5.23
GF Value NT$2.58
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Victory New Materials Co Change In Receivables?

Victory New Materials Co TPE:1340 -0.38% 42 Change In Receivables is NT$32.7 Mil as of Mar. 2026. GuruFocus rates TPE:1340 with a GF Score™ of 42/100 and a GF Value™ of NT$2.58 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Victory New Materials Co's change in receivables for the quarter that ended in Mar. 2026 was NT$-2.1 Mil. It means Victory New Materials Co's Accounts Receivable increased by NT$2.1 Mil from Dec. 2025 to Mar. 2026 .

Victory New Materials Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$50.6 Mil. It means Victory New Materials Co's Accounts Receivable declined by NT$50.6 Mil from Dec. 2024 to Dec. 2025 .

Victory New Materials Co's Accounts Receivable for the quarter that ended in Mar. 2026 was NT$8.8 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. Victory New Materials Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 69.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Victory New Materials Co's liquidation value for the three months ended in Mar. 2026 was NT$133.5 Mil.

Victory New Materials Co  (TPE:1340) 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.

Victory New Materials Co's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.756/11.435*91
=69.87

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

Victory New Materials Co'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)
=545.047-419.406+0.75 * 8.756+0.5 * 2.532
=133.5

* 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.

Victory New Materials Co Change In Receivables Related Terms

Victory New Materials Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Victory New Materials Co'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.

Victory New Materials Co Change In Receivables Chart

Victory New Materials Co 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 42.61 37.77 14.43 37.72 50.59

Victory New Materials Co 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 15.84 -3.35 39.11 -1.02 -2.09
TPE:1340
42GF Score
Victory New Materials Ltd Co TPE:1340
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Victory New Materials Co 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$32.7 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$32.7 Mil mean?
Victory New Materials Co (TPE:1340) has a Change In Receivables of NT$32.7 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Victory New Materials Co and its competitors.
Is Victory New Materials Co's Change In Receivables too high?
Victory New Materials Co's current Change In Receivables is NT$32.7 Mil. Overall, Victory New Materials Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Victory New Materials Co's Change In Receivables compare to NKE and DECK?
Victory New Materials Co's Change In Receivables of NT$32.7 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Change In Receivables depends on the Manufacturing - Apparel & Accessories 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 Victory New Materials Co and its competitors. Victory New Materials Co's current Change In Receivables is NT$32.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Victory New Materials Co (TPE:1340) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2.58, compared to a current price of NT$5.23 — trading 102.7% above its estimated fair value. The current Change In Receivables is NT$32.7 Mil. Victory New Materials Co's overall GF Score™ is 42/100 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 Victory New Materials Co (TPE:1340), the current Change In Receivables is NT$32.7 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 Victory New Materials Co (TPE:1340) Overvalued in 2026?

Based on GuruFocus' analysis, Victory New Materials Co stock appears to be overvalued. The current stock price of NT$5.23 is trading 102.7% above its estimated GF Value™ of NT$2.58. GuruFocus considers Victory New Materials Co to be Significantly Overvalued.

Key valuation signals for TPE:1340:

  • Change In Receivables: NT$32.7 Mil
  • GF Value™: NT$2.58 vs. price of NT$5.23 (102.7% above fair value)
  • GF Score™: 42/100 with 6 warning signs

No single metric tells the full story. See the TPE:1340 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Victory New Materials Co Business Description

Address Lianyu Industrial Zone, Qingyang District, Fujian Province, Jinjiang, CHN
Victory New Materials Ltd Co is engaged in the manufacturing and trading of various types of shoe sole materials and office building and factory leasing and hotel operations and other related business operations and investments. Its products include rubber soles, monochrome soles, two-color dual-hardness soles, and color dual-density soles. The company also provides rubber foam soles and EVO granules, as well as finished shoes.
42GF Score

Get the complete analysis for TPE:1340

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

NT$5.23
Price
NT$2.58
GF Value