Shinkong Synthetic Fiber (TPE:1409) Change In Receivables: NT$-14,531 Mil (TTM As of Mar. 2026)

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TPE:1409 Shinkong Synthetic Fiber Corp TPE:1409
59 GF Score
Price NT$24.30
GF Value NT$14.54
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Shinkong Synthetic Fiber Change In Receivables?

Shinkong Synthetic Fiber TPE:1409 -2.80% 59 Change In Receivables is NT$-14,531 Mil as of Mar. 2026. GuruFocus rates TPE:1409 with a GF Score™ of 59/100 and a GF Value™ of NT$14.54 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Shinkong Synthetic Fiber's change in receivables for the quarter that ended in Mar. 2026 was NT$-9,741 Mil. It means Shinkong Synthetic Fiber's Accounts Receivable increased by NT$9,741 Mil from Dec. 2025 to Mar. 2026 .

Shinkong Synthetic Fiber's change in receivables for the fiscal year that ended in Dec. 2025 was NT$-9,858 Mil. It means Shinkong Synthetic Fiber's Accounts Receivable increased by NT$9,858 Mil from Dec. 2024 to Dec. 2025 .

Shinkong Synthetic Fiber's Accounts Receivable for the quarter that ended in Mar. 2026 was NT$26,850 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. Shinkong Synthetic Fiber's Days Sales Outstanding for the three months ended in Mar. 2026 was 252.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shinkong Synthetic Fiber's liquidation value for the three months ended in Mar. 2026 was NT$-135,347 Mil.


Shinkong Synthetic Fiber  (TPE:1409) 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.

Shinkong Synthetic Fiber's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=26849.666/9708.077*91
=252.37

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

Shinkong Synthetic Fiber'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)
=27239.077-185816.388+0.75 * 26849.666+0.5 * 6186.233
=-135,347

* 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.


Shinkong Synthetic Fiber Change In Receivables Related Terms


Shinkong Synthetic Fiber Change In Receivables Historical Data

* Premium members only.

The historical data trend for Shinkong Synthetic Fiber'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.

Shinkong Synthetic Fiber Change In Receivables Chart

Shinkong Synthetic Fiber 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 -9,212.56 6,192.19 -8,770.58 -12,347.46 -9,857.83

Shinkong Synthetic Fiber 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 -5,068.21 7,422.64 -9,354.76 -2,857.50 -9,741.01
TPE:1409
59GF Score
Shinkong Synthetic Fiber Corp TPE:1409
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Shinkong Synthetic Fiber 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$-14,531 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$-14,531 Mil mean?
Shinkong Synthetic Fiber (TPE:1409) has a Change In Receivables of NT$-14,531 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shinkong Synthetic Fiber and its competitors.
Is Shinkong Synthetic Fiber's Change In Receivables too high?
Shinkong Synthetic Fiber's current Change In Receivables is NT$-14,531 Mil. Overall, Shinkong Synthetic Fiber has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinkong Synthetic Fiber's Change In Receivables compare to competitors?
Shinkong Synthetic Fiber's Change In Receivables of NT$-14,531 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 Shinkong Synthetic Fiber and its competitors. Shinkong Synthetic Fiber's current Change In Receivables is NT$-14,531 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinkong Synthetic Fiber stock overvalued right now?
Based on GuruFocus' analysis, Shinkong Synthetic Fiber (TPE:1409) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$14.54, compared to a current price of NT$24.30 — trading 67.1% above its estimated fair value. The current Change In Receivables is NT$-14,531 Mil. Shinkong Synthetic Fiber's overall GF Score™ is 59/100 with 8 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 Shinkong Synthetic Fiber (TPE:1409), the current Change In Receivables is NT$-14,531 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 Shinkong Synthetic Fiber (TPE:1409) Overvalued in 2026?

Based on GuruFocus' analysis, Shinkong Synthetic Fiber stock appears to be overvalued. The current stock price of NT$24.30 is trading 67.1% above its estimated GF Value™ of NT$14.54. GuruFocus considers Shinkong Synthetic Fiber to be Significantly Overvalued.

Key valuation signals for TPE:1409:

  • Change In Receivables: NT$-14,531 Mil
  • GF Value™: NT$14.54 vs. price of NT$24.30 (67.1% above fair value)
  • GF Score™: 59/100 with 8 warning signs

No single metric tells the full story. See the TPE:1409 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinkong Synthetic Fiber Business Description

Address No. 136, Ren Ai Road, Section 3, Lotus Building, 5th Floor, Da An District, Taipei, TWN, 10657
Shinkong Synthetic Fiber Corp manufactures and sells polyester polymers, polyester staple fibers, polyester textured yarns, polyester chips, pre-oriented yarns, polyester flat yarns, polyethylene terephthalate (PET) resins used in PET bottles and polyester base films. The company's PET fiber products can mainly be categorized into industrial yarn, partially oriented yarn (POY), Spin draw yarn (SDY), polyester staple fiber (PSF), and draw textured yarn (DTY). Its plastic products include polyester resin, bottle grade polyester resin , PET bottle preforms, PET bottles, Engineering polymers, and PE sheets. Its segments include Polyester, Finance and Securities, and Optronics of which the Polyester segment derives the majority of the revenue.
59GF Score

Get the complete analysis for TPE:1409

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

NT$24.30
Price
NT$14.54
GF Value