Taiwan Secom Co (TPE:9917) Change In Receivables: NT$-207 Mil (TTM As of Jun. 2026)

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TPE:9917 Taiwan Secom Co Ltd TPE:9917
91 GF Score
Price NT$105.71
GF Value NT$127.53
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Taiwan Secom Co Change In Receivables?

Taiwan Secom Co TPE:9917 91 Change In Receivables is NT$-207 Mil as of Jun. 2026. GuruFocus rates TPE:9917 with a GF Score™ of 91/100 and a GF Value™ of NT$127.53 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Taiwan Secom Co's change in receivables for the quarter that ended in Jun. 2026 was NT$-172 Mil. It means Taiwan Secom Co's Accounts Receivable increased by NT$172 Mil from Mar. 2026 to Jun. 2026 .

Taiwan Secom Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$-276 Mil. It means Taiwan Secom Co's Accounts Receivable increased by NT$276 Mil from Dec. 2024 to Dec. 2025 .

Taiwan Secom Co's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$1,469 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. Taiwan Secom Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 27.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Taiwan Secom Co's liquidation value for the three months ended in Jun. 2026 was NT$-10,742 Mil.

Taiwan Secom Co  (TPE:9917) 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.

Taiwan Secom 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
=1468.97/4857.871*91
=27.59

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

Taiwan Secom 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)
=6191.045-18425.92+0.75 * 1468.97+0.5 * 782.517
=-10,742

* 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.

Taiwan Secom Co Change In Receivables Related Terms

Taiwan Secom Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Taiwan Secom 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.

Taiwan Secom Co Change In Receivables Chart

Taiwan Secom 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 -410.16 -261.03 -331.56 88.68 -275.56

Taiwan Secom 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 -59.33 -69.86 -41.68 77.08 -172.36
TPE:9917
91GF Score
Taiwan Secom Co Ltd TPE:9917
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Secom 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$-207 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$-207 Mil mean?
Taiwan Secom Co (TPE:9917) has a Change In Receivables of NT$-207 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Taiwan Secom Co and its competitors.
Is Taiwan Secom Co's Change In Receivables too high?
Taiwan Secom Co's current Change In Receivables is NT$-207 Mil. Overall, Taiwan Secom Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Secom Co's Change In Receivables compare to ALLE and MSA?
Taiwan Secom Co's Change In Receivables of NT$-207 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Change In Receivables depends on the Business Services 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 Taiwan Secom Co and its competitors. Taiwan Secom Co's current Change In Receivables is NT$-207 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Secom Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Secom Co (TPE:9917) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$127.53, compared to a current price of NT$105.71 — trading 17.1% below its estimated fair value. The current Change In Receivables is NT$-207 Mil. Taiwan Secom Co's overall GF Score™ is 91/100 with 6 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 Taiwan Secom Co (TPE:9917), the current Change In Receivables is NT$-207 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 Taiwan Secom Co (TPE:9917) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Secom Co stock appears to be undervalued. The current stock price of NT$105.71 is trading 17.1% below its estimated GF Value™ of NT$127.53. GuruFocus considers Taiwan Secom Co to be Modestly Undervalued.

Key valuation signals for TPE:9917:

  • Change In Receivables: NT$-207 Mil
  • GF Value™: NT$127.53 vs. price of NT$105.71 (17.1% below fair value)
  • GF Score™: 91/100 with 6 warning signs

No single metric tells the full story. See the TPE:9917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Taiwan Secom Co Business Description

Address 13th Floor, No.135, Jingmao 2nd Road, Nangang District, Taipei, TWN
Taiwan Secom Co Ltd is engaged mainly in the security service. Its segments consist of Electronic systems segment engages in security system related service; Security services segment engages in security guarding related service; Cash delivery services engages in cash delivery service; Logistics services segment engages in logistic service; and Catering services segment engages in catering services. It derives the majority of revenue from Electronic systems segment.
91GF Score

Get the complete analysis for TPE:9917

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

NT$105.71
Price
NT$127.53
GF Value