Taiwan Tea (TPE:2913) Change In Receivables: NT$-0.9 Mil (TTM As of Mar. 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:2913 Taiwan Tea Corp TPE:2913
60 GF Score
Price NT$11.00
GF Value NT$24.40
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Taiwan Tea Change In Receivables?

Taiwan Tea TPE:2913 +0.92% 60 Change In Receivables is NT$-0.9 Mil as of Mar. 2026. GuruFocus rates TPE:2913 with a GF Score™ of 60/100 and a GF Value™ of NT$24.40 (Possible Value Trap). The stock has 3 warning signs investors should review.

Taiwan Tea's change in receivables for the quarter that ended in Mar. 2026 was NT$-5.3 Mil. It means Taiwan Tea's Accounts Receivable increased by NT$5.3 Mil from Dec. 2025 to Mar. 2026 .

Taiwan Tea's change in receivables for the fiscal year that ended in Dec. 2025 was NT$2.2 Mil. It means Taiwan Tea's Accounts Receivable declined by NT$2.2 Mil from Dec. 2024 to Dec. 2025 .

Taiwan Tea's Accounts Receivable for the quarter that ended in Mar. 2026 was NT$31.4 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. Taiwan Tea's Days Sales Outstanding for the three months ended in Mar. 2026 was 23.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Taiwan Tea's liquidation value for the three months ended in Mar. 2026 was NT$-8,054.3 Mil.


Taiwan Tea  (TPE:2913) 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.

Taiwan Tea's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=31.375/121.939*91
=23.48

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

Taiwan Tea's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=77.127-8933.991+0.75 * 31.375+0.5 * 1558.063
=-8,054.3

* 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.


Taiwan Tea Change In Receivables Related Terms


Taiwan Tea Change In Receivables Historical Data

* Premium members only.

The historical data trend for Taiwan Tea'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.

Taiwan Tea Change In Receivables Chart

Taiwan Tea 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 -17.20 3.62 2.60 3.61 2.17

Taiwan Tea Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.23 -9.66 7.84 6.22 -5.34
TPE:2913
60GF Score
Taiwan Tea Corp TPE:2913
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Tea 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-0.9 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$-0.9 Mil mean?
Taiwan Tea (TPE:2913) has a Change In Receivables of NT$-0.9 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Taiwan Tea and its competitors.
Is Taiwan Tea's Change In Receivables too high?
Taiwan Tea's current Change In Receivables is NT$-0.9 Mil. Overall, Taiwan Tea has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Tea's Change In Receivables compare to ADM and BG?
Taiwan Tea's Change In Receivables of NT$-0.9 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Change In Receivables depends on the Consumer Packaged Goods 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 Taiwan Tea and its competitors. Taiwan Tea's current Change In Receivables is NT$-0.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Tea stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Tea (TPE:2913) is currently considered Possible Value Trap. The stock's GF Value™ is NT$24.40, compared to a current price of NT$11.00 — trading 54.9% below its estimated fair value. The current Change In Receivables is NT$-0.9 Mil. Taiwan Tea's overall GF Score™ is 60/100 with 3 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 Taiwan Tea (TPE:2913), the current Change In Receivables is NT$-0.9 Mil as of Mar. 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 Taiwan Tea (TPE:2913) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Tea stock appears to be undervalued. The current stock price of NT$11.00 is trading 54.9% below its estimated GF Value™ of NT$24.40. GuruFocus considers Taiwan Tea to be Possible Value Trap.

Key valuation signals for TPE:2913:

  • Change In Receivables: NT$-0.9 Mil
  • GF Value™: NT$24.40 vs. price of NT$11.00 (54.9% below fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the TPE:2913 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Tea Business Description

Address No. 3, Zhonghua Road, Hukou Township, Hsinchu, TWN, 303035
Taiwan Tea Corp is responsible for agriculture, fishery, forestry and animal husbandry. The Company's main business activities include manufacturing and sales of tea and related products. The two reportable segments are Retail and trading segment generate maximum revenue from Taiwan: manufacture and sale of tea and other agricultural products, trading of imported goods including food, alcoholic beverages and other products, and operation of recreational tourism; and Asset segment: management of land assets, including land inspections, land and building leases, contract renewals, and related land sale procedures.
60GF Score

Get the complete analysis for TPE:2913

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

NT$11.00
Price
NT$24.40
GF Value