Ho Tung Chemical (TPE:1714) Change In Receivables: NT$-893 Mil (TTM As of Jun. 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:1714 Ho Tung Chemical Corp TPE:1714
68 GF Score
Price NT$15.35
GF Value NT$12.75
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ho Tung Chemical Change In Receivables?

Ho Tung Chemical TPE:1714 -6.97% 68 Change In Receivables is NT$-893 Mil as of Jun. 2026. GuruFocus rates TPE:1714 with a GF Score™ of 68/100 and a GF Value™ of NT$12.75 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Ho Tung Chemical's change in receivables for the quarter that ended in Jun. 2026 was NT$-497 Mil. It means Ho Tung Chemical's Accounts Receivable increased by NT$497 Mil from Mar. 2026 to Jun. 2026 .

Ho Tung Chemical's change in receivables for the fiscal year that ended in Dec. 2025 was NT$-553 Mil. It means Ho Tung Chemical's Accounts Receivable increased by NT$553 Mil from Dec. 2024 to Dec. 2025 .

Ho Tung Chemical's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$3,967 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. Ho Tung Chemical's Days Sales Outstanding for the three months ended in Jun. 2026 was 36.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ho Tung Chemical's liquidation value for the three months ended in Jun. 2026 was NT$6,787 Mil.

Ho Tung Chemical  (TPE:1714) 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.

Ho Tung Chemical's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3966.886/9863.696*91
=36.70

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

Ho Tung Chemical's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9953.462-8053.506+0.75 * 3966.886+0.5 * 3824.087
=6,787

* 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.

Ho Tung Chemical Change In Receivables Related Terms

Ho Tung Chemical Change In Receivables Historical Data

* Premium members only.

The historical data trend for Ho Tung Chemical'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.

Ho Tung Chemical Change In Receivables Chart

Ho Tung Chemical 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 170.08 -320.78 344.82 269.07 -553.22

Ho Tung Chemical Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 43.62 -413.46 -183.71 201.28 -496.92
TPE:1714
68GF Score
Ho Tung Chemical Corp TPE:1714
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ho Tung Chemical 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-893 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$-893 Mil mean?
Ho Tung Chemical (TPE:1714) has a Change In Receivables of NT$-893 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Ho Tung Chemical and its competitors.
Is Ho Tung Chemical's Change In Receivables too high?
Ho Tung Chemical's current Change In Receivables is NT$-893 Mil. Overall, Ho Tung Chemical has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ho Tung Chemical's Change In Receivables compare to DOW?
Ho Tung Chemical's Change In Receivables of NT$-893 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Change In Receivables depends on the Chemicals 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 Ho Tung Chemical and its competitors. Ho Tung Chemical's current Change In Receivables is NT$-893 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Tung Chemical stock overvalued right now?
Based on GuruFocus' analysis, Ho Tung Chemical (TPE:1714) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$12.75, compared to a current price of NT$15.35 — trading 20.4% above its estimated fair value. The current Change In Receivables is NT$-893 Mil. Ho Tung Chemical's overall GF Score™ is 68/100 with 2 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 Ho Tung Chemical (TPE:1714), the current Change In Receivables is NT$-893 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 Ho Tung Chemical (TPE:1714) Overvalued in 2026?

Based on GuruFocus' analysis, Ho Tung Chemical stock appears to be overvalued. The current stock price of NT$15.35 is trading 20.4% above its estimated GF Value™ of NT$12.75. GuruFocus considers Ho Tung Chemical to be Modestly Overvalued.

Key valuation signals for TPE:1714:

  • Change In Receivables: NT$-893 Mil
  • GF Value™: NT$12.75 vs. price of NT$15.35 (20.4% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the TPE:1714 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ho Tung Chemical Business Description

Address No. 6, Section 1, Zhongxing Road, 8th Floor, Wugu District, New Taipei City, TWN, 248
Ho Tung Chemical Corp is engaged in the manufacturing, processing, and sales of chemicals such as normal paraffin, alkenes, etc. The company's key products comprise Paraffin, Linear Alkylbenzene, Anionic Surfactants, Cationic Surfactants, Non-ionic Surfactants, Amphoteric Surfactants, Solvents, and others. It also focuses on other businesses like oil, investment, and cement. The company's reportable segments include Chemicals, which derives the majority of its revenue from Oil Products, Cement, and Investments. Geographically, the company generates a majority of its revenue from China and the rest from Taiwan, other parts of Southeast Asia, and other regions.
68GF Score

Get the complete analysis for TPE:1714

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

NT$15.35
Price
NT$12.75
GF Value