U-Ming Marine Transport (TPE:2606) Change In Receivables: NT$-441 Mil (TTM As of Jun. 2026)

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TPE:2606 U-Ming Marine Transport Corp TPE:2606
90 GF Score
Price NT$77.40
GF Value NT$66.00
Valuation Modestly Overvalued
! 8 Warning Signs
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What is U-Ming Marine Transport Change In Receivables?

U-Ming Marine Transport TPE:2606 +0.52% 90 Change In Receivables is NT$-441 Mil as of Jun. 2026. GuruFocus rates TPE:2606 with a GF Score™ of 90/100 and a GF Value™ of NT$66.00 (Modestly Overvalued). The stock has 8 warning signs investors should review.

U-Ming Marine Transport's change in receivables for the quarter that ended in Jun. 2026 was NT$-370 Mil. It means U-Ming Marine Transport's Accounts Receivable increased by NT$370 Mil from Mar. 2026 to Jun. 2026 .

U-Ming Marine Transport's change in receivables for the fiscal year that ended in Dec. 2025 was NT$226 Mil. It means U-Ming Marine Transport's Accounts Receivable declined by NT$226 Mil from Dec. 2024 to Dec. 2025 .

U-Ming Marine Transport's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$1,163 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. U-Ming Marine Transport's Days Sales Outstanding for the three months ended in Jun. 2026 was 21.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. U-Ming Marine Transport's liquidation value for the three months ended in Jun. 2026 was NT$-21,621 Mil.

U-Ming Marine Transport  (TPE:2606) 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.

U-Ming Marine Transport's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1162.881/5013.514*91
=21.17

2. In Ben Graham's calculation of liquidation value, U-Ming Marine Transport's accounts receivable are only considered to be worth 75% of book value:

U-Ming Marine Transport'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)
=28160.276-51034.131+0.75 * 1162.881+0.5 * 760.649
=-21,621

* 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.

U-Ming Marine Transport Change In Receivables Related Terms

U-Ming Marine Transport Change In Receivables Historical Data

* Premium members only.

The historical data trend for U-Ming Marine Transport'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.

U-Ming Marine Transport Change In Receivables Chart

U-Ming Marine Transport 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 -231.72 -369.38 -39.83 209.90 225.53

U-Ming Marine Transport 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 178.55 -210.44 200.13 -59.93 -370.31
TPE:2606
90GF Score
U-Ming Marine Transport Corp TPE:2606
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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U-Ming Marine Transport 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$-441 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$-441 Mil mean?
U-Ming Marine Transport (TPE:2606) has a Change In Receivables of NT$-441 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for U-Ming Marine Transport and its competitors.
Is U-Ming Marine Transport's Change In Receivables too high?
U-Ming Marine Transport's current Change In Receivables is NT$-441 Mil. Overall, U-Ming Marine Transport has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does U-Ming Marine Transport's Change In Receivables compare to competitors?
U-Ming Marine Transport's Change In Receivables of NT$-441 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Change In Receivables depends on the Transportation 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 U-Ming Marine Transport and its competitors. U-Ming Marine Transport's current Change In Receivables is NT$-441 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U-Ming Marine Transport stock overvalued right now?
Based on GuruFocus' analysis, U-Ming Marine Transport (TPE:2606) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$66.00, compared to a current price of NT$77.40 — trading 17.3% above its estimated fair value. The current Change In Receivables is NT$-441 Mil. U-Ming Marine Transport's overall GF Score™ is 90/100 with 8 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 U-Ming Marine Transport (TPE:2606), the current Change In Receivables is NT$-441 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 U-Ming Marine Transport (TPE:2606) Overvalued in 2026?

Based on GuruFocus' analysis, U-Ming Marine Transport stock appears to be overvalued. The current stock price of NT$77.40 is trading 17.3% above its estimated GF Value™ of NT$66.00. GuruFocus considers U-Ming Marine Transport to be Modestly Overvalued.

Key valuation signals for TPE:2606:

  • Change In Receivables: NT$-441 Mil
  • GF Value™: NT$66.00 vs. price of NT$77.40 (17.3% above fair value)
  • GF Score™: 90/100 with 8 warning signs

No single metric tells the full story. See the TPE:2606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

U-Ming Marine Transport Business Description

Address No. 207, Section 2, Tun Hwa South Road, 29th Floor, Taipei, TWN, 106
U-Ming Marine Transport Corp is a transportation and logistics company, domiciled in Taiwan. The company organizes itself into two segments: marine transportation and investment. The marine transportation segment, which contributes the vast majority of revenue, owns and operates a fleet of vessels to transport dry bulk cargo, including cement, oil, coal, iron ore, steel, grain, and other commodities.
90GF Score

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

NT$77.40
Price
NT$66.00
GF Value