Horizon Fixture Group Co (TPE:6957) Change In Receivables: NT$-584 Mil (TTM As of Mar. 2026)

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TPE:6957 Horizon Fixture Group Co Ltd TPE:6957
29 GF Score
Price NT$229.00
! 5 Warning Signs
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What is Horizon Fixture Group Co Change In Receivables?

Horizon Fixture Group Co TPE:6957 +1.78% 29 Change In Receivables is NT$-584 Mil as of Mar. 2026. GuruFocus rates TPE:6957 with a GF Score™ of 29/100. The stock has 5 warning signs investors should review.

Horizon Fixture Group Co's change in receivables for the quarter that ended in Mar. 2026 was NT$156 Mil. It means Horizon Fixture Group Co's Accounts Receivable declined by NT$156 Mil from Dec. 2025 to Mar. 2026 .

Horizon Fixture Group Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$-197 Mil. It means Horizon Fixture Group Co's Accounts Receivable increased by NT$197 Mil from Dec. 2024 to Dec. 2025 .

Horizon Fixture Group Co's Accounts Receivable for the quarter that ended in Mar. 2026 was NT$944 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. Horizon Fixture Group Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 85.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Horizon Fixture Group Co's liquidation value for the three months ended in Mar. 2026 was NT$-848 Mil.

Horizon Fixture Group Co  (TPE:6957) 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.

Horizon Fixture Group 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
=944.484/1008.397*91
=85.47

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

Horizon Fixture Group 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)
=1288.864-3045.045+0.75 * 944.484+0.5 * 399.297
=-848

* 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.

Horizon Fixture Group Co Change In Receivables Related Terms

Horizon Fixture Group Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Horizon Fixture Group 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.

Horizon Fixture Group Co Change In Receivables Chart

Horizon Fixture Group Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
-373.39 58.29 383.38 -517.13 -197.35

Horizon Fixture Group Co Quarterly Data
Dec21 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 542.51 -219.62 -178.37 -341.87 155.68
TPE:6957
29GF Score
Horizon Fixture Group Co Ltd TPE:6957
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Horizon Fixture Group 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$-584 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$-584 Mil mean?
Horizon Fixture Group Co (TPE:6957) has a Change In Receivables of NT$-584 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Horizon Fixture Group Co and its competitors.
Is Horizon Fixture Group Co's Change In Receivables too high?
Horizon Fixture Group Co's current Change In Receivables is NT$-584 Mil. Overall, Horizon Fixture Group Co has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Fixture Group Co's Change In Receivables compare to SN and SGI?
Horizon Fixture Group Co's Change In Receivables of NT$-584 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Change In Receivables depends on the Furnishings, Fixtures & Appliances 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 Horizon Fixture Group Co and its competitors. Horizon Fixture Group Co's current Change In Receivables is NT$-584 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Fixture Group Co stock overvalued right now?
Horizon Fixture Group Co (TPE:6957) has a current Change In Receivables of NT$-584 Mil. The current Change In Receivables is NT$-584 Mil. Horizon Fixture Group Co's overall GF Score™ is 29/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Horizon Fixture Group Co (TPE:6957), the current Change In Receivables is NT$-584 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.

Horizon Fixture Group Co Business Description

Address No. 122, Chenggong 3rd Road, Nantou County, Nantou, TWN, 540028
Horizon Fixture Group Co Ltd is engaged in the design, manufacturing, and sale of retail store display fixtures and related products. The group provides customized in-store display solutions, including shelving systems, kiosks, modular stands, and other display fixtures, along with installation and delivery services. Its operations include iron and wood manufacturing and related logistics services.
29GF Score

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

NT$229.00
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