CTBC Financial Holding Co (TPE:2891) Change In Receivables: NT$-9,653 Mil (TTM As of Dec. 2025)

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TPE:2891 CTBC Financial Holding Co Ltd TPE:2891
69 GF Score
Price NT$65.00
GF Value NT$53.30
Valuation Modestly Overvalued
! 7 Warning Signs
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What is CTBC Financial Holding Co Change In Receivables?

CTBC Financial Holding Co TPE:2891 +2.52% 69 Change In Receivables is NT$-9,653 Mil as of Dec. 2025. GuruFocus rates TPE:2891 with a GF Score™ of 69/100 and a GF Value™ of NT$53.30 (Modestly Overvalued). The stock has 7 warning signs investors should review.

CTBC Financial Holding Co's change in receivables for the quarter that ended in Dec. 2025 was NT$5,083 Mil. It means CTBC Financial Holding Co's Accounts Receivable declined by NT$5,083 Mil from Sep. 2025 to Dec. 2025 .

CTBC Financial Holding Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$-9,653 Mil. It means CTBC Financial Holding Co's Accounts Receivable increased by NT$9,653 Mil from Dec. 2024 to Dec. 2025 .

CTBC Financial Holding Co's Accounts Receivable for the quarter that ended in Dec. 2025 was NT$0 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. CTBC Financial Holding Co's Days Sales Outstanding for the three months ended in Dec. 2025 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CTBC Financial Holding Co's liquidation value for the three months ended in Dec. 2025 was NT$-8,140,057 Mil.


CTBC Financial Holding Co  (TPE:2891) 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.

CTBC Financial Holding Co's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/80819.5*91
=0.00

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

CTBC Financial Holding Co's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=641748.921-8781805.47+0.75 * 0+0.5 * 0
=-8,140,057

* 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.


CTBC Financial Holding Co Change In Receivables Related Terms


CTBC Financial Holding Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for CTBC Financial Holding 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.

CTBC Financial Holding Co Change In Receivables Chart

CTBC Financial Holding 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 -28,659.97 -5,444.71 -27,945.96 -24,482.31 -9,652.66

CTBC Financial Holding Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1,811.98 -7,349.09 9,649.04 -17,035.37 5,082.77
TPE:2891
69GF Score
CTBC Financial Holding Co Ltd TPE:2891
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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CTBC Financial Holding 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-9,653 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$-9,653 Mil mean?
CTBC Financial Holding Co (TPE:2891) has a Change In Receivables of NT$-9,653 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for CTBC Financial Holding Co and its competitors.
Is CTBC Financial Holding Co's Change In Receivables too high?
CTBC Financial Holding Co's current Change In Receivables is NT$-9,653 Mil. Overall, CTBC Financial Holding Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CTBC Financial Holding Co's Change In Receivables compare to competitors?
CTBC Financial Holding Co's Change In Receivables of NT$-9,653 Mil can be compared against companies in the Banks 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 Banks company?
A good Change In Receivables depends on the Banks 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 CTBC Financial Holding Co and its competitors. CTBC Financial Holding Co's current Change In Receivables is NT$-9,653 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTBC Financial Holding Co stock overvalued right now?
Based on GuruFocus' analysis, CTBC Financial Holding Co (TPE:2891) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$53.30, compared to a current price of NT$65.00 — trading 22% above its estimated fair value. The current Change In Receivables is NT$-9,653 Mil. CTBC Financial Holding Co's overall GF Score™ is 69/100 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 CTBC Financial Holding Co (TPE:2891), the current Change In Receivables is NT$-9,653 Mil as of Dec. 2025. 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 CTBC Financial Holding Co (TPE:2891) Overvalued in 2026?

Based on GuruFocus' analysis, CTBC Financial Holding Co stock appears to be overvalued. The current stock price of NT$65.00 is trading 22% above its estimated GF Value™ of NT$53.30. GuruFocus considers CTBC Financial Holding Co to be Modestly Overvalued.

Key valuation signals for TPE:2891:

  • Change In Receivables: NT$-9,653 Mil
  • GF Value™: NT$53.30 vs. price of NT$65.00 (22% above fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the TPE:2891 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CTBC Financial Holding Co Business Description

Address Jingmao 2nd Road, No. 168, 27th and 29th Floor, Nangang District, Taipei, TWN, 115
CTBC Financial Holding Co Ltd is a diversified financial services holding company. Along with its subsidiaries, it operates in the following segments: Life insurance, which generates maximum revenue, Institutional banking, Retail banking, and Others. The majority of the Group's revenue is derived from its Institutional and Retail banking businesses, which include commercial banking and capital market activities, financing activities, deposit products, wealth management, credit cards, secured loans, and unsecured individual loans, etc., catering to individual and institutional clients. Geographically, the Group generates maximum revenue from its business in Taiwan, followed by Asia (excluding Taiwan), and North America.
69GF Score

Get the complete analysis for TPE:2891

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

NT$65.00
Price
NT$53.30
GF Value