United Integrated Services Co (TPE:2404) Change In Receivables: NT$-7,864 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:2404 United Integrated Services Co Ltd TPE:2404
97 GF Score
Price NT$1,035.00
GF Value NT$895.38
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is United Integrated Services Co Change In Receivables?

United Integrated Services Co TPE:2404 +0.98% 97 Change In Receivables is NT$-7,864 Mil as of Jun. 2026. GuruFocus rates TPE:2404 with a GF Score™ of 97/100 and a GF Value™ of NT$895.38 (Modestly Overvalued). The stock has 1 warning sign investors should review.

United Integrated Services Co's change in receivables for the quarter that ended in Jun. 2026 was NT$-8,361 Mil. It means United Integrated Services Co's Accounts Receivable increased by NT$8,361 Mil from Mar. 2026 to Jun. 2026 .

United Integrated Services Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$-8,447 Mil. It means United Integrated Services Co's Accounts Receivable increased by NT$8,447 Mil from Dec. 2024 to Dec. 2025 .

United Integrated Services Co's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$20,216 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. United Integrated Services Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 70.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. United Integrated Services Co's liquidation value for the three months ended in Jun. 2026 was NT$-25,808 Mil.


United Integrated Services Co  (TPE:2404) 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.

United Integrated Services 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
=20215.538/26080.492*91
=70.73

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

United Integrated Services 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)
=41323.196-82304.131+0.75 * 20215.538+0.5 * 22.377
=-25,808

* 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.


United Integrated Services Co Change In Receivables Related Terms


United Integrated Services Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for United Integrated Services 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.

United Integrated Services Co Change In Receivables Chart

United Integrated Services 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 3,120.36 -5,928.13 -9,194.12 10,941.12 -8,446.51

United Integrated Services 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 -5,232.09 434.60 1,490.90 -1,428.83 -8,360.70
TPE:2404
97GF Score
United Integrated Services Co Ltd TPE:2404
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Integrated Services 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$-7,864 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$-7,864 Mil mean?
United Integrated Services Co (TPE:2404) has a Change In Receivables of NT$-7,864 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for United Integrated Services Co and its competitors.
Is United Integrated Services Co's Change In Receivables too high?
United Integrated Services Co's current Change In Receivables is NT$-7,864 Mil. Overall, United Integrated Services Co has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Integrated Services Co's Change In Receivables compare to PWR and FIX?
United Integrated Services Co's Change In Receivables of NT$-7,864 Mil can be compared against companies in the Construction 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 Construction company?
A good Change In Receivables depends on the Construction 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 United Integrated Services Co and its competitors. United Integrated Services Co's current Change In Receivables is NT$-7,864 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Integrated Services Co stock overvalued right now?
Based on GuruFocus' analysis, United Integrated Services Co (TPE:2404) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$895.38, compared to a current price of NT$1,035.00 — trading 15.6% above its estimated fair value. The current Change In Receivables is NT$-7,864 Mil. United Integrated Services Co's overall GF Score™ is 97/100 with 1 warning sign 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 United Integrated Services Co (TPE:2404), the current Change In Receivables is NT$-7,864 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 United Integrated Services Co (TPE:2404) Overvalued in 2026?

Based on GuruFocus' analysis, United Integrated Services Co stock appears to be overvalued. The current stock price of NT$1,035.00 is trading 15.6% above its estimated GF Value™ of NT$895.38. GuruFocus considers United Integrated Services Co to be Modestly Overvalued.

Key valuation signals for TPE:2404:

  • Change In Receivables: NT$-7,864 Mil
  • GF Value™: NT$895.38 vs. price of NT$1,035.00 (15.6% above fair value)
  • GF Score™: 97/100 with 1 warning sign

No single metric tells the full story. See the TPE:2404 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Integrated Services Co Business Description

Address No. 13, Qiaohe Road, 13th Floor, Zhonghe District, New Taipei, TWN, 235029
United Integrated Services Co Ltd is a Taiwan-based engineering and construction company. The company's service offerings include engineering consulting and high-tech factory planning and delivery that integrate clients' clean-room systems; heating, ventilation, and air-conditioning systems; electrical systems; instrumentation and control; process utilities telecommunication systems; and tool hook-up. The company also provides turnkey services, including planning, procurement, construction, startup/commissioning, and post-construction operation and maintenance services. Its operating segments are Engineering and Integration department; Maintenance and Design department; and Other.
97GF Score

Get the complete analysis for TPE:2404

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

NT$1,035.00
Price
NT$895.38
GF Value