Tung Ho Steel Enterprise (TPE:2006) Change In Receivables: NT$-946 Mil (TTM As of Jun. 2026)

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TPE:2006 Tung Ho Steel Enterprise Corp TPE:2006
86 GF Score
Price NT$81.30
GF Value NT$67.21
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Tung Ho Steel Enterprise Change In Receivables?

Tung Ho Steel Enterprise TPE:2006 +0.62% 86 Change In Receivables is NT$-946 Mil as of Jun. 2026. GuruFocus rates TPE:2006 with a GF Score™ of 86/100 and a GF Value™ of NT$67.21 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Tung Ho Steel Enterprise's change in receivables for the quarter that ended in Jun. 2026 was NT$-1,040 Mil. It means Tung Ho Steel Enterprise's Accounts Receivable increased by NT$1,040 Mil from Mar. 2026 to Jun. 2026 .

Tung Ho Steel Enterprise's change in receivables for the fiscal year that ended in Dec. 2025 was NT$53 Mil. It means Tung Ho Steel Enterprise's Accounts Receivable declined by NT$53 Mil from Dec. 2024 to Dec. 2025 .

Tung Ho Steel Enterprise's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$3,057 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. Tung Ho Steel Enterprise's Days Sales Outstanding for the three months ended in Jun. 2026 was 17.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tung Ho Steel Enterprise's liquidation value for the three months ended in Jun. 2026 was NT$-7,813 Mil.


Tung Ho Steel Enterprise  (TPE:2006) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3056.743/16263.341*91
=17.15

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

Tung Ho Steel Enterprise'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)
=1235.813-19087.824+0.75 * 3056.743+0.5 * 15493.107
=-7,813

* 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.


Tung Ho Steel Enterprise Change In Receivables Related Terms


Tung Ho Steel Enterprise Change In Receivables Historical Data

* Premium members only.

The historical data trend for Tung Ho Steel Enterprise'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.

Tung Ho Steel Enterprise Change In Receivables Chart

Tung Ho Steel Enterprise 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 -1,808.50 460.73 -1,821.71 -122.46 52.94

Tung Ho Steel Enterprise 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 -1,786.61 1,455.63 22.09 -1,384.14 -1,039.95
TPE:2006
86GF Score
Tung Ho Steel Enterprise Corp TPE:2006
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Tung Ho Steel Enterprise 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$-946 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$-946 Mil mean?
Tung Ho Steel Enterprise (TPE:2006) has a Change In Receivables of NT$-946 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Tung Ho Steel Enterprise and its competitors.
Is Tung Ho Steel Enterprise's Change In Receivables too high?
Tung Ho Steel Enterprise's current Change In Receivables is NT$-946 Mil. Overall, Tung Ho Steel Enterprise has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tung Ho Steel Enterprise's Change In Receivables compare to NUE and STLD?
Tung Ho Steel Enterprise's Change In Receivables of NT$-946 Mil can be compared against companies in the Steel 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 Steel company?
A good Change In Receivables depends on the Steel 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 Tung Ho Steel Enterprise and its competitors. Tung Ho Steel Enterprise's current Change In Receivables is NT$-946 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Ho Steel Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Tung Ho Steel Enterprise (TPE:2006) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$67.21, compared to a current price of NT$81.30 — trading 21% above its estimated fair value. The current Change In Receivables is NT$-946 Mil. Tung Ho Steel Enterprise's overall GF Score™ is 86/100 with 7 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 Tung Ho Steel Enterprise (TPE:2006), the current Change In Receivables is NT$-946 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 Tung Ho Steel Enterprise (TPE:2006) Overvalued in 2026?

Based on GuruFocus' analysis, Tung Ho Steel Enterprise stock appears to be overvalued. The current stock price of NT$81.30 is trading 21% above its estimated GF Value™ of NT$67.21. GuruFocus considers Tung Ho Steel Enterprise to be Modestly Overvalued.

Key valuation signals for TPE:2006:

  • Change In Receivables: NT$-946 Mil
  • GF Value™: NT$67.21 vs. price of NT$81.30 (21% above fair value)
  • GF Score™: 86/100 with 7 warning signs

No single metric tells the full story. See the TPE:2006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tung Ho Steel Enterprise Business Description

Address Chang-an East Road, 6th Floor, No. 9, Section 1, Taipei, TWN, 104
Tung Ho Steel Enterprise Corp manufactures and sells Re-Bar, section, and plate. It processes, and sells reinforcing bars, flat iron, angle iron, wire rod, and other steel products; manufactures, processes, and sells structural steel, alloy steel, tool steel, high carbon steel, and other special steels; ship dismantling; used ship sales. Its segments include Steel segment including the Taipei headquarters, Taoyuan processing center, Taoyuan plant, Taichung port logistics center, Miaoli Plant, Kaohsiung plant and THSVC, engaged in the manufacture and sale of steel products; and Steel Structure segment including Tung Kang Steel Structure Corp, Tung Kang Engineering & Construction Corp, engaged in steel structure processing, steel structure engineering and civil construction engineering.
86GF Score

Get the complete analysis for TPE:2006

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

NT$81.30
Price
NT$67.21
GF Value