United Renewable Energy Co (TPE:3576) Change In Receivables: NT$244 Mil (TTM As of Mar. 2026)

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TPE:3576 United Renewable Energy Co Ltd TPE:3576
34 GF Score
Price NT$16.75
GF Value NT$3.37
Valuation Significantly Overvalued
! 4 Warning Signs
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What is United Renewable Energy Co Change In Receivables?

United Renewable Energy Co TPE:3576 -1.76% 34 Change In Receivables is NT$244 Mil as of Mar. 2026. GuruFocus rates TPE:3576 with a GF Score™ of 34/100 and a GF Value™ of NT$3.37 (Significantly Overvalued). The stock has 4 warning signs investors should review.

United Renewable Energy Co's change in receivables for the quarter that ended in Mar. 2026 was NT$-18 Mil. It means United Renewable Energy Co's Accounts Receivable increased by NT$18 Mil from Dec. 2025 to Mar. 2026 .

United Renewable Energy Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$284 Mil. It means United Renewable Energy Co's Accounts Receivable declined by NT$284 Mil from Dec. 2024 to Dec. 2025 .

United Renewable Energy Co's Accounts Receivable for the quarter that ended in Mar. 2026 was NT$561 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. United Renewable Energy Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 98.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. United Renewable Energy Co's liquidation value for the three months ended in Mar. 2026 was NT$-4,112 Mil.


United Renewable Energy Co  (TPE:3576) 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.

United Renewable Energy 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
=561.252/520.029*91
=98.48

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

United Renewable Energy 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)
=7307.945-12399.64+0.75 * 561.252+0.5 * 1116.669
=-4,112

* 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.


United Renewable Energy Co Change In Receivables Related Terms


United Renewable Energy Co Change In Receivables Historical Data

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The historical data trend for United Renewable Energy 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.

United Renewable Energy Co Change In Receivables Chart

United Renewable Energy 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 142.70 -658.15 1,517.35 516.78 284.02

United Renewable Energy 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 22.07 87.28 123.22 51.46 -18.37
TPE:3576
34GF Score
United Renewable Energy Co Ltd TPE:3576
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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United Renewable Energy 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$244 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$244 Mil mean?
United Renewable Energy Co (TPE:3576) has a Change In Receivables of NT$244 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for United Renewable Energy Co and its competitors.
Is United Renewable Energy Co's Change In Receivables too high?
United Renewable Energy Co's current Change In Receivables is NT$244 Mil. Overall, United Renewable Energy Co has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Renewable Energy Co's Change In Receivables compare to FSLR and NXT?
United Renewable Energy Co's Change In Receivables of NT$244 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Change In Receivables depends on the Semiconductors 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 United Renewable Energy Co and its competitors. United Renewable Energy Co's current Change In Receivables is NT$244 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Renewable Energy Co stock overvalued right now?
Based on GuruFocus' analysis, United Renewable Energy Co (TPE:3576) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.37, compared to a current price of NT$16.75 — trading 397% above its estimated fair value. The current Change In Receivables is NT$244 Mil. United Renewable Energy Co's overall GF Score™ is 34/100 with 4 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 United Renewable Energy Co (TPE:3576), the current Change In Receivables is NT$244 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 United Renewable Energy Co (TPE:3576) Overvalued in 2026?

Based on GuruFocus' analysis, United Renewable Energy Co stock appears to be overvalued. The current stock price of NT$16.75 is trading 397% above its estimated GF Value™ of NT$3.37. GuruFocus considers United Renewable Energy Co to be Significantly Overvalued.

Key valuation signals for TPE:3576:

  • Change In Receivables: NT$244 Mil
  • GF Value™: NT$3.37 vs. price of NT$16.75 (397% above fair value)
  • GF Score™: 34/100 with 4 warning signs

No single metric tells the full story. See the TPE:3576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Renewable Energy Co Business Description

Address No. 7, Lixing 3rd Road, Hsinchu Science Park, East District, Hsinchu, TWN, 300
United Renewable Energy Co Ltd specializes in manufacturing solar cells, solar cell modules, and wafers. The Company's main business activities include researching, developing, designing, manufacturing, and selling solar cells, as well as participating in other solar-related businesses. Its services include solar, solar systems, energy, and energy solution services. Its products include Life Power and Solar Module.
34GF Score

Get the complete analysis for TPE:3576

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

NT$16.75
Price
NT$3.37
GF Value