Tat Hong Equipment Service Co (FRA:1Q2) Receivables Turnover: 0.42 (As of Mar. 2026)

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FRA:1Q2 Tat Hong Equipment Service Co Ltd FRA:1Q2
41 GF Score
Price €0.09
GF Value €0.10
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Tat Hong Equipment Service Co Receivables Turnover?

Tat Hong Equipment Service Co FRA:1Q2 41 Receivables Turnover is 0.42 as of Mar. 2026. GuruFocus rates FRA:1Q2 with a GF Score™ of 41/100 and a GF Value™ of €0.10 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Tat Hong Equipment Service Co ranks worse than 96.67% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Tat Hong Equipment Service Co's Revenue for the six months ended in Mar. 2026 was €35.21 Mil. Tat Hong Equipment Service Co's average Accounts Receivable for the six months ended in Mar. 2026 was €84.22 Mil. Hence, Tat Hong Equipment Service Co's Receivables Turnover for the six months ended in Mar. 2026 was 0.42.


Tat Hong Equipment Service Co  (FRA:1Q2) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Tat Hong Equipment Service Co Receivables Turnover Related Terms


Tat Hong Equipment Service Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tat Hong Equipment Service Co's Receivables Turnover 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.

Tat Hong Equipment Service Co Receivables Turnover Chart

Tat Hong Equipment Service Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 1.75 1.24 0.97 0.89 0.87

Tat Hong Equipment Service Co Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover 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 0.43 0.43 0.39 0.41 0.42

FRA:1Q2 vs CAT, DE, PCAR: Receivables Turnover Comparison

For the Farm & Heavy Construction Machinery subindustry, Tat Hong Equipment Service Co's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tat Hong Equipment Service Co Receivables Turnover vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Tat Hong Equipment Service Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tat Hong Equipment Service Co's Receivables Turnover falls into.


FRA:1Q2
41GF Score
Tat Hong Equipment Service Co Ltd FRA:1Q2
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tat Hong Equipment Service Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Tat Hong Equipment Service Co's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=73.01 / ((87.269 + 79.854) / 2 )
=73.01 / 83.5615
=0.87

Tat Hong Equipment Service Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=35.214 / ((88.577 + 79.854) / 2 )
=35.214 / 84.2155
=0.42

* 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 Receivables Turnover →
What does a Receivables Turnover of 0.42 mean?
Tat Hong Equipment Service Co (FRA:1Q2) has a Receivables Turnover of 0.42 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Tat Hong Equipment Service Co and its competitors. According to the industry distribution chart, Tat Hong Equipment Service Co ranks #203 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 96.7%.
Is Tat Hong Equipment Service Co's Receivables Turnover too high?
Tat Hong Equipment Service Co's current Receivables Turnover is 0.42. The Farm & Heavy Construction Machinery industry median Receivables Turnover is 4.97. Tat Hong Equipment Service Co's value of 0.42 is 91.5% below this industry median. Based on the distribution chart, Tat Hong Equipment Service Co ranks #203 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Tat Hong Equipment Service Co has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tat Hong Equipment Service Co's Receivables Turnover compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Tat Hong Equipment Service Co ranks #203 out of 210 companies for Receivables Turnover. This places Tat Hong Equipment Service Co in the lower half of its industry. The industry median Receivables Turnover is 4.97. Tat Hong Equipment Service Co's value of 0.42 is 91.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Farm & Heavy Construction Machinery company?
The median Receivables Turnover among Farm & Heavy Construction Machinery companies is 4.97, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tat Hong Equipment Service Co's current Receivables Turnover of 0.42 is 91.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Tat Hong Equipment Service Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Receivables Turnover is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tat Hong Equipment Service Co's current Receivables Turnover is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tat Hong Equipment Service Co stock overvalued right now?
Based on GuruFocus' analysis, Tat Hong Equipment Service Co (FRA:1Q2) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.10, compared to a current price of €0.09 — trading 15% below its estimated fair value. The current Receivables Turnover is 0.42 and 91.5% below the Farm & Heavy Construction Machinery industry median of 4.97. Tat Hong Equipment Service Co's overall GF Score™ is 41/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Tat Hong Equipment Service Co (FRA:1Q2), the current Receivables Turnover is 0.42 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 Tat Hong Equipment Service Co (FRA:1Q2) Overvalued in 2026?

Based on GuruFocus' analysis, Tat Hong Equipment Service Co stock appears to be undervalued. The current stock price of €0.09 is trading 15% below its estimated GF Value™ of €0.10. GuruFocus considers Tat Hong Equipment Service Co to be Modestly Undervalued.

Key valuation signals for FRA:1Q2:

  • Receivables Turnover: 0.42
  • GF Value™: €0.10 vs. price of €0.09 (15% below fair value)
  • GF Score™: 41/100 with 7 warning signs
  • Industry Position: 91.5% below the Farm & Heavy Construction Machinery median (#203 of 210)

No single metric tells the full story. See the FRA:1Q2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tat Hong Equipment Service Co Business Description

Other Exchanges 02153:Hong Kong
Address No. 2377, Shenkun Road, Room 601, Building 8, PortMix, Minhang District, Shanghai, CHN, 201106
Tat Hong Equipment Service Co Ltd is involved in providing tower crane services. The company offers a range of tower crane solutions, including consultation, technical design, commissioning, construction, and after-sales services. The operating segments generate revenue mainly from tower crane services. Geographically the key revenue is obtained from PRC region.
41GF Score

Get the complete analysis for FRA:1Q2

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

€0.09
Price
€0.10
GF Value