Quang Viet Enterprise Co (TPE:4438) Change In Receivables: NT$-1,246 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:4438 Quang Viet Enterprise Co Ltd TPE:4438
74 GF Score
Price NT$59.30
GF Value NT$106.72
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Quang Viet Enterprise Co Change In Receivables?

Quang Viet Enterprise Co TPE:4438 -1.00% 74 Change In Receivables is NT$-1,246 Mil as of Jun. 2026. GuruFocus rates TPE:4438 with a GF Score™ of 74/100 and a GF Value™ of NT$106.72 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Quang Viet Enterprise Co's change in receivables for the quarter that ended in Jun. 2026 was NT$-1,694 Mil. It means Quang Viet Enterprise Co's Accounts Receivable increased by NT$1,694 Mil from Mar. 2026 to Jun. 2026 .

Quang Viet Enterprise Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$-870 Mil. It means Quang Viet Enterprise Co's Accounts Receivable increased by NT$870 Mil from Dec. 2024 to Dec. 2025 .

Quang Viet Enterprise Co's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$3,852 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. Quang Viet Enterprise Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 68.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Quang Viet Enterprise Co's liquidation value for the three months ended in Jun. 2026 was NT$-376 Mil.


Quang Viet Enterprise Co  (TPE:4438) 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.

Quang Viet Enterprise Co's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3851.597/5163.144*91
=68.07

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

Quang Viet Enterprise Co'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)
=4038.747-10777.292+0.75 * 3851.597+0.5 * 6947.548
=-376

* 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.


Quang Viet Enterprise Co Change In Receivables Related Terms


Quang Viet Enterprise Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Quang Viet Enterprise 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.

Quang Viet Enterprise Co Change In Receivables Chart

Quang Viet Enterprise 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 -948.86 193.00 485.67 -273.96 -869.99

Quang Viet Enterprise Co 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 -986.31 -3,072.57 3,241.44 279.16 -1,694.32
TPE:4438
74GF Score
Quang Viet Enterprise Co Ltd TPE:4438
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quang Viet Enterprise 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1,246 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$-1,246 Mil mean?
Quang Viet Enterprise Co (TPE:4438) has a Change In Receivables of NT$-1,246 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Quang Viet Enterprise Co and its competitors.
Is Quang Viet Enterprise Co's Change In Receivables too high?
Quang Viet Enterprise Co's current Change In Receivables is NT$-1,246 Mil. Overall, Quang Viet Enterprise Co has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quang Viet Enterprise Co's Change In Receivables compare to RL and LEVI?
Quang Viet Enterprise Co's Change In Receivables of NT$-1,246 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Change In Receivables depends on the Manufacturing - Apparel & Accessories 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 Quang Viet Enterprise Co and its competitors. Quang Viet Enterprise Co's current Change In Receivables is NT$-1,246 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quang Viet Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Quang Viet Enterprise Co (TPE:4438) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$106.72, compared to a current price of NT$59.30 — trading 44.4% below its estimated fair value. The current Change In Receivables is NT$-1,246 Mil. Quang Viet Enterprise Co's overall GF Score™ is 74/100 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 Quang Viet Enterprise Co (TPE:4438), the current Change In Receivables is NT$-1,246 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 Quang Viet Enterprise Co (TPE:4438) Overvalued in 2026?

Based on GuruFocus' analysis, Quang Viet Enterprise Co stock appears to be undervalued. The current stock price of NT$59.30 is trading 44.4% below its estimated GF Value™ of NT$106.72. GuruFocus considers Quang Viet Enterprise Co to be Significantly Undervalued.

Key valuation signals for TPE:4438:

  • Change In Receivables: NT$-1,246 Mil
  • GF Value™: NT$106.72 vs. price of NT$59.30 (44.4% below fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the TPE:4438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quang Viet Enterprise Co Business Description

Address No. 607, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Quang Viet Enterprise Co Ltd is mainly engaged in the manufacturing, processing, and sale of garments, raw materials such as feather and down, and medical products. Its products include Down Jackets, Fiberfill Jackets, Light Jackets and Parka, Knitwear, and others. The Group operates through three reportable segments: Garment Business, which generates the maximum revenue, Down Feather Business, and Medical Business. The Company operates in North America, which generates the maximum revenue, Mainland China, Europe, Japan, and other regions.
74GF Score

Get the complete analysis for TPE:4438

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

NT$59.30
Price
NT$106.72
GF Value