Nankang Rubber Tire (TPE:2101) Change In Receivables: NT$636 Mil (TTM As of Jun. 2026)

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TPE:2101 Nankang Rubber Tire Corp Ltd TPE:2101
60 GF Score
Price NT$30.25
GF Value NT$77.76
Valuation Possible Value Trap
! 2 Warning Signs
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What is Nankang Rubber Tire Change In Receivables?

Nankang Rubber Tire TPE:2101 -0.49% 60 Change In Receivables is NT$636 Mil as of Jun. 2026. GuruFocus rates TPE:2101 with a GF Score™ of 60/100 and a GF Value™ of NT$77.76 (Possible Value Trap). The stock has 2 warning signs investors should review.

Nankang Rubber Tire's change in receivables for the quarter that ended in Jun. 2026 was NT$939 Mil. It means Nankang Rubber Tire's Accounts Receivable declined by NT$939 Mil from Mar. 2026 to Jun. 2026 .

Nankang Rubber Tire's change in receivables for the fiscal year that ended in Dec. 2025 was NT$-132 Mil. It means Nankang Rubber Tire's Accounts Receivable increased by NT$132 Mil from Dec. 2024 to Dec. 2025 .

Nankang Rubber Tire's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$1,316 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. Nankang Rubber Tire's Days Sales Outstanding for the three months ended in Jun. 2026 was 15.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nankang Rubber Tire's liquidation value for the three months ended in Jun. 2026 was NT$-14,811 Mil.


Nankang Rubber Tire  (TPE:2101) 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.

Nankang Rubber Tire's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1315.562/7625.936*91
=15.74

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

Nankang Rubber Tire'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)
=2977.067-30798.56+0.75 * 1315.562+0.5 * 24046.753
=-14,811

* 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.


Nankang Rubber Tire Change In Receivables Related Terms


Nankang Rubber Tire Change In Receivables Historical Data

* Premium members only.

The historical data trend for Nankang Rubber Tire'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.

Nankang Rubber Tire Change In Receivables Chart

Nankang Rubber Tire 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 -110.86 621.00 -340.48 -314.29 -132.36

Nankang Rubber Tire 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 -89.19 -483.01 192.62 -12.74 939.02
TPE:2101
60GF Score
Nankang Rubber Tire Corp Ltd TPE:2101
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Nankang Rubber Tire 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$636 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$636 Mil mean?
Nankang Rubber Tire (TPE:2101) has a Change In Receivables of NT$636 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Nankang Rubber Tire and its competitors.
Is Nankang Rubber Tire's Change In Receivables too high?
Nankang Rubber Tire's current Change In Receivables is NT$636 Mil. Overall, Nankang Rubber Tire has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nankang Rubber Tire's Change In Receivables compare to ORLY and AZO?
Nankang Rubber Tire's Change In Receivables of NT$636 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Receivables depends on the Vehicles & Parts 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 Nankang Rubber Tire and its competitors. Nankang Rubber Tire's current Change In Receivables is NT$636 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankang Rubber Tire stock overvalued right now?
Based on GuruFocus' analysis, Nankang Rubber Tire (TPE:2101) is currently considered Possible Value Trap. The stock's GF Value™ is NT$77.76, compared to a current price of NT$30.25 — trading 61.1% below its estimated fair value. The current Change In Receivables is NT$636 Mil. Nankang Rubber Tire's overall GF Score™ is 60/100 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 Nankang Rubber Tire (TPE:2101), the current Change In Receivables is NT$636 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 Nankang Rubber Tire (TPE:2101) Overvalued in 2026?

Based on GuruFocus' analysis, Nankang Rubber Tire stock appears to be undervalued. The current stock price of NT$30.25 is trading 61.1% below its estimated GF Value™ of NT$77.76. GuruFocus considers Nankang Rubber Tire to be Possible Value Trap.

Key valuation signals for TPE:2101:

  • Change In Receivables: NT$636 Mil
  • GF Value™: NT$77.76 vs. price of NT$30.25 (61.1% below fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the TPE:2101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nankang Rubber Tire Business Description

Address Jen Ai Road, Suite 608, Floor 6, Number. 136, Sec. 3, Taipei, TWN
Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Motorsport, sedan series, suv & 4x4, snow series, all-season tire series, light truck series, truck/trailer series, and two-wheel series. The reportable segments of the company are: Tire - Taiwan, Tire - China, Construction Department, and others. The segments of the company include: Tire-Taiwan, Tire-China, Construction, Department and Other. It derives maximum revenue from Tire-Taiwan segment. Its geographical segments are Taiwan, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Europe.
60GF Score

Get the complete analysis for TPE:2101

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

NT$30.25
Price
NT$77.76
GF Value