Feng Hsin Steel Co (TPE:2015) Change In Receivables: NT$484 Mil (TTM As of Mar. 2026)

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TPE:2015 Feng Hsin Steel Co Ltd TPE:2015
77 GF Score
Price NT$65.80
GF Value NT$56.70
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Feng Hsin Steel Co Change In Receivables?

Feng Hsin Steel Co TPE:2015 +1.23% 77 Change In Receivables is NT$484 Mil as of Mar. 2026. GuruFocus rates TPE:2015 with a GF Score™ of 77/100 and a GF Value™ of NT$56.70 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Feng Hsin Steel Co's change in receivables for the quarter that ended in Mar. 2026 was NT$293 Mil. It means Feng Hsin Steel Co's Accounts Receivable declined by NT$293 Mil from Dec. 2025 to Mar. 2026 .

Feng Hsin Steel Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$646 Mil. It means Feng Hsin Steel Co's Accounts Receivable declined by NT$646 Mil from Dec. 2024 to Dec. 2025 .

Feng Hsin Steel Co's Accounts Receivable for the quarter that ended in Mar. 2026 was NT$1,043 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. Feng Hsin Steel Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 14.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Feng Hsin Steel Co's liquidation value for the three months ended in Mar. 2026 was NT$3,135 Mil.


Feng Hsin Steel Co  (TPE:2015) 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.

Feng Hsin Steel 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
=1042.688/6404.574*91
=14.86

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

Feng Hsin Steel 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)
=5073.31-5068.762+0.75 * 1042.688+0.5 * 4696.603
=3,135

* 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.


Feng Hsin Steel Co Change In Receivables Related Terms


Feng Hsin Steel Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Feng Hsin Steel 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.

Feng Hsin Steel Co Change In Receivables Chart

Feng Hsin Steel 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 -490.78 -257.54 177.95 77.04 646.22

Feng Hsin Steel 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 455.31 -184.80 599.41 -223.70 292.75
TPE:2015
77GF Score
Feng Hsin Steel Co Ltd TPE:2015
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Feng Hsin Steel 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$484 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$484 Mil mean?
Feng Hsin Steel Co (TPE:2015) has a Change In Receivables of NT$484 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Feng Hsin Steel Co and its competitors.
Is Feng Hsin Steel Co's Change In Receivables too high?
Feng Hsin Steel Co's current Change In Receivables is NT$484 Mil. Overall, Feng Hsin Steel Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Feng Hsin Steel Co's Change In Receivables compare to NUE and STLD?
Feng Hsin Steel Co's Change In Receivables of NT$484 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 Feng Hsin Steel Co and its competitors. Feng Hsin Steel Co's current Change In Receivables is NT$484 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Hsin Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Feng Hsin Steel Co (TPE:2015) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$56.70, compared to a current price of NT$65.80 — trading 16% above its estimated fair value. The current Change In Receivables is NT$484 Mil. Feng Hsin Steel Co's overall GF Score™ is 77/100 with 5 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 Feng Hsin Steel Co (TPE:2015), the current Change In Receivables is NT$484 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 Feng Hsin Steel Co (TPE:2015) Overvalued in 2026?

Based on GuruFocus' analysis, Feng Hsin Steel Co stock appears to be overvalued. The current stock price of NT$65.80 is trading 16% above its estimated GF Value™ of NT$56.70. GuruFocus considers Feng Hsin Steel Co to be Modestly Overvalued.

Key valuation signals for TPE:2015:

  • Change In Receivables: NT$484 Mil
  • GF Value™: NT$56.70 vs. price of NT$65.80 (16% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the TPE:2015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feng Hsin Steel Co Business Description

Address No.998, Section 1, Jiahou Road, Houli district, Taichung, TWN, 421
Feng Hsin Steel Co Ltd manufacture and sell various types of steel products. The services provided by the Group mainly consist of transportation and insurance services for the various steel products sold. The company is engaged in the manufacturing, processing and trading of various angle iron, round iron, flat iron, flat bar, and others, along with the operation and investment of various incidental businesses. Its Steel Rolling Mill produces carbon steel and special steel. Geographically, the company generates maximum revenue from Taiwan.
77GF Score

Get the complete analysis for TPE:2015

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

NT$65.80
Price
NT$56.70
GF Value