Sinkang Industries Co (TPE:2032) Change In Receivables: NT$-101 Mil (TTM As of Jun. 2026)

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TPE:2032 Sinkang Industries Co Ltd TPE:2032
74 GF Score
Price NT$17.25
GF Value NT$16.94
Valuation Fairly Valued
! 7 Warning Signs
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What is Sinkang Industries Co Change In Receivables?

Sinkang Industries Co TPE:2032 +0.58% 74 Change In Receivables is NT$-101 Mil as of Jun. 2026. GuruFocus rates TPE:2032 with a GF Score™ of 74/100 and a GF Value™ of NT$16.94 (Fairly Valued). The stock has 7 warning signs investors should review.

Sinkang Industries Co's change in receivables for the quarter that ended in Jun. 2026 was NT$-72 Mil. It means Sinkang Industries Co's Accounts Receivable increased by NT$72 Mil from Mar. 2026 to Jun. 2026 .

Sinkang Industries Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$51 Mil. It means Sinkang Industries Co's Accounts Receivable declined by NT$51 Mil from Dec. 2024 to Dec. 2025 .

Sinkang Industries Co's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$473 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. Sinkang Industries Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 48.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sinkang Industries Co's liquidation value for the three months ended in Jun. 2026 was NT$270 Mil.

Sinkang Industries Co  (TPE:2032) 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.

Sinkang Industries Co's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=472.737/881.827*91
=48.92

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

Sinkang Industries Co'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)
=234.878-556.501+0.75 * 472.737+0.5 * 474.513
=270

* 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.

Sinkang Industries Co Change In Receivables Related Terms

Sinkang Industries Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Sinkang Industries 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.

Sinkang Industries Co Change In Receivables Chart

Sinkang Industries 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 31.05 55.60 53.64 -55.95 51.24

Sinkang Industries Co 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 48.49 -27.36 56.74 -58.12 -71.97
TPE:2032
74GF Score
Sinkang Industries Co Ltd TPE:2032
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinkang Industries 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-101 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$-101 Mil mean?
Sinkang Industries Co (TPE:2032) has a Change In Receivables of NT$-101 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sinkang Industries Co and its competitors.
Is Sinkang Industries Co's Change In Receivables too high?
Sinkang Industries Co's current Change In Receivables is NT$-101 Mil. Overall, Sinkang Industries Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinkang Industries Co's Change In Receivables compare to NUE and STLD?
Sinkang Industries Co's Change In Receivables of NT$-101 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 Sinkang Industries Co and its competitors. Sinkang Industries Co's current Change In Receivables is NT$-101 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinkang Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Sinkang Industries Co (TPE:2032) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.94, compared to a current price of NT$17.25 — trading 1.8% above its estimated fair value. The current Change In Receivables is NT$-101 Mil. Sinkang Industries Co's overall GF Score™ is 74/100 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 Sinkang Industries Co (TPE:2032), the current Change In Receivables is NT$-101 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 Sinkang Industries Co (TPE:2032) Overvalued in 2026?

Based on GuruFocus' analysis, Sinkang Industries Co stock appears to be overvalued. The current stock price of NT$17.25 is trading 1.8% above its estimated GF Value™ of NT$16.94. GuruFocus considers Sinkang Industries Co to be Fairly Valued.

Key valuation signals for TPE:2032:

  • Change In Receivables: NT$-101 Mil
  • GF Value™: NT$16.94 vs. price of NT$17.25 (1.8% above fair value)
  • GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the TPE:2032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sinkang Industries Co Business Description

Address No. 8 Da\'an Road, Xinzhuang District, New Taipei City, Taipei, TWN, 242065
Sinkang Industries Co Ltd is engaged in cutting and processing surface treatments for stainless steel. Its business activities include Steel secondary processing, Scrap iron and steel metal processing, Metal structure and architectural components manufacturing, Metal wire products manufacturing, Other fabricated metal products manufacturing, Surface treatments, and Mechanical equipment manufacturing.
74GF Score

Get the complete analysis for TPE:2032

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

NT$17.25
Price
NT$16.94
GF Value