Well Shin Technology Co (TPE:3501) Change In Receivables: NT$292 Mil (TTM As of Mar. 2026)

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TPE:3501 Well Shin Technology Co Ltd TPE:3501
75 GF Score
Price NT$39.90
GF Value NT$60.25
Valuation Significantly Undervalued
! 8 Warning Signs
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What is Well Shin Technology Co Change In Receivables?

Well Shin Technology Co TPE:3501 -0.75% 75 Change In Receivables is NT$292 Mil as of Mar. 2026. GuruFocus rates TPE:3501 with a GF Score™ of 75/100 and a GF Value™ of NT$60.25 (Significantly Undervalued). The stock has 8 warning signs investors should review.

Well Shin Technology Co's change in receivables for the quarter that ended in Mar. 2026 was NT$90 Mil. It means Well Shin Technology Co's Accounts Receivable declined by NT$90 Mil from Dec. 2025 to Mar. 2026 .

Well Shin Technology Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$222 Mil. It means Well Shin Technology Co's Accounts Receivable declined by NT$222 Mil from Dec. 2024 to Dec. 2025 .

Well Shin Technology Co's Accounts Receivable for the quarter that ended in Mar. 2026 was NT$1,411 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. Well Shin Technology Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 102.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Well Shin Technology Co's liquidation value for the three months ended in Mar. 2026 was NT$1,513 Mil.


Well Shin Technology Co  (TPE:3501) 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.

Well Shin Technology Co's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1411.387/1259.96*91
=102.22

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

Well Shin Technology Co'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)
=2436.611-3067.243+0.75 * 1411.387+0.5 * 2169.203
=1,513

* 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.


Well Shin Technology Co Change In Receivables Related Terms


Well Shin Technology Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Well Shin Technology 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.

Well Shin Technology Co Change In Receivables Chart

Well Shin Technology 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 -239.24 -50.52 191.15 -233.12 221.54

Well Shin Technology Co 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 19.44 163.28 71.54 -32.71 89.76
TPE:3501
75GF Score
Well Shin Technology Co Ltd TPE:3501
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Well Shin Technology 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$292 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$292 Mil mean?
Well Shin Technology Co (TPE:3501) has a Change In Receivables of NT$292 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Well Shin Technology Co and its competitors.
Is Well Shin Technology Co's Change In Receivables too high?
Well Shin Technology Co's current Change In Receivables is NT$292 Mil. Overall, Well Shin Technology Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Well Shin Technology Co's Change In Receivables compare to VRT and BE?
Well Shin Technology Co's Change In Receivables of NT$292 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Well Shin Technology Co and its competitors. Well Shin Technology Co's current Change In Receivables is NT$292 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Well Shin Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Well Shin Technology Co (TPE:3501) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$60.25, compared to a current price of NT$39.90 — trading 33.8% below its estimated fair value. The current Change In Receivables is NT$292 Mil. Well Shin Technology Co's overall GF Score™ is 75/100 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 Well Shin Technology Co (TPE:3501), the current Change In Receivables is NT$292 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 Well Shin Technology Co (TPE:3501) Overvalued in 2026?

Based on GuruFocus' analysis, Well Shin Technology Co stock appears to be undervalued. The current stock price of NT$39.90 is trading 33.8% below its estimated GF Value™ of NT$60.25. GuruFocus considers Well Shin Technology Co to be Significantly Undervalued.

Key valuation signals for TPE:3501:

  • Change In Receivables: NT$292 Mil
  • GF Value™: NT$60.25 vs. price of NT$39.90 (33.8% below fair value)
  • GF Score™: 75/100 with 8 warning signs

No single metric tells the full story. See the TPE:3501 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Well Shin Technology Co Business Description

Address No.196, Xinhu 3rd, Neihu District, Taipei, TWN, 114065
Well Shin Technology Co Ltd manufactures electronics products. The Company is engaged in the manufacture of wire and Cable and electronic components and wholesale and retail of electronic materials. The product portfolio of the company encompasses AC plug, AC connectors, Socket inlet, Power strip, Adapter, Locking cord, Charger, Headphone, and among others.
75GF Score

Get the complete analysis for TPE:3501

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

NT$39.90
Price
NT$60.25
GF Value