Nan Liu Enterprise Co (TPE:6504) Change In Receivables: NT$-486 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:6504 Nan Liu Enterprise Co Ltd TPE:6504
65 GF Score
Price NT$38.30
GF Value NT$65.86
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Nan Liu Enterprise Co Change In Receivables?

Nan Liu Enterprise Co TPE:6504 +1.46% 65 Change In Receivables is NT$-486 Mil as of Jun. 2026. GuruFocus rates TPE:6504 with a GF Score™ of 65/100 and a GF Value™ of NT$65.86 (Possible Value Trap). The stock has 7 warning signs investors should review.

Nan Liu Enterprise Co's change in receivables for the quarter that ended in Jun. 2026 was NT$-2 Mil. It means Nan Liu Enterprise Co's Accounts Receivable increased by NT$2 Mil from Mar. 2026 to Jun. 2026 .

Nan Liu Enterprise Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$102 Mil. It means Nan Liu Enterprise Co's Accounts Receivable declined by NT$102 Mil from Dec. 2024 to Dec. 2025 .

Nan Liu Enterprise Co's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$1,619 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. Nan Liu Enterprise Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 84.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nan Liu Enterprise Co's liquidation value for the three months ended in Jun. 2026 was NT$-2,836 Mil.


Nan Liu Enterprise Co  (TPE:6504) 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.

Nan Liu 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
=1618.543/1738.616*91
=84.95

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

Nan Liu 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)
=1659.807-6175.881+0.75 * 1618.543+0.5 * 932.586
=-2,836

* 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.


Nan Liu Enterprise Co Change In Receivables Related Terms


Nan Liu Enterprise Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Nan Liu 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.

Nan Liu Enterprise Co Change In Receivables Chart

Nan Liu 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 166.58 182.79 -245.07 -230.56 101.93

Nan Liu 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 183.63 -191.84 -36.05 -255.39 -2.48
TPE:6504
65GF Score
Nan Liu Enterprise Co Ltd TPE:6504
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nan Liu 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$-486 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$-486 Mil mean?
Nan Liu Enterprise Co (TPE:6504) has a Change In Receivables of NT$-486 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Nan Liu Enterprise Co and its competitors.
Is Nan Liu Enterprise Co's Change In Receivables too high?
Nan Liu Enterprise Co's current Change In Receivables is NT$-486 Mil. Overall, Nan Liu Enterprise Co has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nan Liu Enterprise Co's Change In Receivables compare to PG and CL?
Nan Liu Enterprise Co's Change In Receivables of NT$-486 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 Nan Liu Enterprise Co and its competitors. Nan Liu Enterprise Co's current Change In Receivables is NT$-486 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nan Liu Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Nan Liu Enterprise Co (TPE:6504) is currently considered Possible Value Trap. The stock's GF Value™ is NT$65.86, compared to a current price of NT$38.30 — trading 41.8% below its estimated fair value. The current Change In Receivables is NT$-486 Mil. Nan Liu Enterprise Co's overall GF Score™ is 65/100 with 7 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 Nan Liu Enterprise Co (TPE:6504), the current Change In Receivables is NT$-486 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 Nan Liu Enterprise Co (TPE:6504) Overvalued in 2026?

Based on GuruFocus' analysis, Nan Liu Enterprise Co stock appears to be undervalued. The current stock price of NT$38.30 is trading 41.8% below its estimated GF Value™ of NT$65.86. GuruFocus considers Nan Liu Enterprise Co to be Possible Value Trap.

Key valuation signals for TPE:6504:

  • Change In Receivables: NT$-486 Mil
  • GF Value™: NT$65.86 vs. price of NT$38.30 (41.8% below fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the TPE:6504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nan Liu Enterprise Co Business Description

Address No. 699, Silin Road, Yanchao District, Kaohsiung, TWN
Nan Liu Enterprise Co Ltd is engaged in the manufacture and sales of air-through nonwoven, spunlace non-woven, wet napkins, facial mask and skin care products. Its products include spunlace nonwoven fabric, High-tech spunlace wood pulp composite fabric, pure cotton, and hot-pressed/hot-air nonwoven fabric. Its finished products include wet wipes, face mask, facial mask, and dry towel. Its segments include Nan Liu Enterprise Co., Ltd.; Nanliu Enterprises (Pinghu) Ltd.; Nanliu Manufacturing (India) Private Limited; and Others. Its geographical operations are spread across Taiwan, Mainland China, Japa, India, and Others with majority of revenue contribution from Mainland China.
65GF Score

Get the complete analysis for TPE:6504

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

NT$38.30
Price
NT$65.86
GF Value