Macnica Anstek (TPE:3528) Change In Receivables: NT$-1,638 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:3528 Macnica Anstek Inc TPE:3528
83 GF Score
Price NT$83.60
GF Value NT$111.59
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Macnica Anstek Change In Receivables?

Macnica Anstek TPE:3528 -1.07% 83 Change In Receivables is NT$-1,638 Mil as of Jun. 2026. GuruFocus rates TPE:3528 with a GF Score™ of 83/100 and a GF Value™ of NT$111.59 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Macnica Anstek's change in receivables for the quarter that ended in Jun. 2026 was NT$133 Mil. It means Macnica Anstek's Accounts Receivable declined by NT$133 Mil from Mar. 2026 to Jun. 2026 .

Macnica Anstek's change in receivables for the fiscal year that ended in Dec. 2025 was NT$-1,353 Mil. It means Macnica Anstek's Accounts Receivable increased by NT$1,353 Mil from Dec. 2024 to Dec. 2025 .

Macnica Anstek's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$3,425 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. Macnica Anstek's Days Sales Outstanding for the three months ended in Jun. 2026 was 97.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Macnica Anstek's liquidation value for the three months ended in Jun. 2026 was NT$-3,850 Mil.


Macnica Anstek  (TPE:3528) 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.

Macnica Anstek's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3424.755/3200.922*91
=97.63

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

Macnica Anstek'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)
=948.831-12376.626+0.75 * 3424.755+0.5 * 10018.063
=-3,850

* 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.


Macnica Anstek Change In Receivables Related Terms


Macnica Anstek Change In Receivables Historical Data

* Premium members only.

The historical data trend for Macnica Anstek'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.

Macnica Anstek Change In Receivables Chart

Macnica Anstek 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 -227.84 -147.08 38.76 -96.28 -1,353.29

Macnica Anstek 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 -191.34 -614.19 -549.92 -607.08 133.06
TPE:3528
83GF Score
Macnica Anstek Inc TPE:3528
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macnica Anstek 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$-1,638 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$-1,638 Mil mean?
Macnica Anstek (TPE:3528) has a Change In Receivables of NT$-1,638 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Macnica Anstek and its competitors.
Is Macnica Anstek's Change In Receivables too high?
Macnica Anstek's current Change In Receivables is NT$-1,638 Mil. Overall, Macnica Anstek has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Macnica Anstek's Change In Receivables compare to SNX and ARW?
Macnica Anstek's Change In Receivables of NT$-1,638 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Receivables depends on the Hardware 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 Macnica Anstek and its competitors. Macnica Anstek's current Change In Receivables is NT$-1,638 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Anstek stock overvalued right now?
Based on GuruFocus' analysis, Macnica Anstek (TPE:3528) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$111.59, compared to a current price of NT$83.60 — trading 25.1% below its estimated fair value. The current Change In Receivables is NT$-1,638 Mil. Macnica Anstek's overall GF Score™ is 83/100 with 5 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 Macnica Anstek (TPE:3528), the current Change In Receivables is NT$-1,638 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 Macnica Anstek (TPE:3528) Overvalued in 2026?

Based on GuruFocus' analysis, Macnica Anstek stock appears to be undervalued. The current stock price of NT$83.60 is trading 25.1% below its estimated GF Value™ of NT$111.59. GuruFocus considers Macnica Anstek to be Modestly Undervalued.

Key valuation signals for TPE:3528:

  • Change In Receivables: NT$-1,638 Mil
  • GF Value™: NT$111.59 vs. price of NT$83.60 (25.1% below fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the TPE:3528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macnica Anstek Business Description

Address Xintai 5th Road, 21st Floor, No. 75, Section 1, Xizhi District, New Taipei City, TWN
Macnica Anstek Inc is engaged in import, export and trading of electronic components. The company supplies analogue, semiconductor devices and related technologies.
83GF Score

Get the complete analysis for TPE:3528

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

NT$83.60
Price
NT$111.59
GF Value