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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. Tian Chang Group Holdings's Revenue for the
six
months ended in Dec. 2025 was HK$264.6 Mil. Tian Chang Group Holdings's average Accounts Receivable for the
six
months ended in Dec. 2025 was HK$113.7 Mil.
Hence, Tian Chang Group Holdings's Receivables Turnover for the
six
months ended in Dec. 2025 was 2.33.
Tian Chang Group Holdings (HKSE:02182) 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.
Tian Chang Group Holdings Receivables Turnover Related Terms
Tian Chang Group Holdings Receivables Turnover Historical Data
* 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.
Tian Chang Group Holdings Receivables Turnover Chart
HKSE:02182 vs MMM, HON: Receivables Turnover Comparison
For the Conglomerates subindustry, Tian Chang Group Holdings'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.
Tian Chang Group Holdings Receivables Turnover vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Tian Chang Group Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tian Chang Group Holdings's Receivables Turnover falls into.
* 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.
Tian Chang Group Holdings (HKSE:02182) has a Receivables Turnover of 2.33 as of Dec. 2025. 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 Tian Chang Group Holdings and its competitors. According to the industry distribution chart, Tian Chang Group Holdings ranks #376 out of 526 companies in the Conglomerates industry, placing it in the top 71.5%.
Is Tian Chang Group Holdings' Receivables Turnover too high?
Tian Chang Group Holdings' current Receivables Turnover is 2.33. The Conglomerates industry median Receivables Turnover is 6.42. Tian Chang Group Holdings' value of 2.33 is 63.7% below this industry median. Based on the distribution chart, Tian Chang Group Holdings ranks #376 out of 526 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Tian Chang Group Holdings has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tian Chang Group Holdings' Receivables Turnover compare to MMM and HON?
According to the Conglomerates industry distribution chart, Tian Chang Group Holdings ranks #376 out of 526 companies for Receivables Turnover. This places Tian Chang Group Holdings in the lower half of its industry. The industry median Receivables Turnover is 6.42. Tian Chang Group Holdings' value of 2.33 is 63.7% 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 Conglomerates company?
The median Receivables Turnover among Conglomerates companies is 6.42, based on 526 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. Tian Chang Group Holdings's current Receivables Turnover of 2.33 is 63.7% 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 Tian Chang Group Holdings and its competitors. For the Conglomerates industry, the median Receivables Turnover is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tian Chang Group Holdings's current Receivables Turnover is 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tian Chang Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tian Chang Group Holdings (HKSE:02182) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.26, compared to a current price of HK$0.40 — trading 53.8% above its estimated fair value. The current Receivables Turnover is 2.33 and 63.7% below the Conglomerates industry median of 6.42. Tian Chang Group Holdings' overall GF Score™ is 47/100 with 5 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 Tian Chang Group Holdings (HKSE:02182), the current Receivables Turnover is 2.33 as of Dec. 2025. 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 Tian Chang Group Holdings (HKSE:02182) Overvalued in 2026?
Based on GuruFocus' analysis, Tian Chang Group Holdings stock appears to be overvalued.
The current stock price of HK$0.40 is trading 53.8% above its estimated GF Value™ of HK$0.26.
GuruFocus considers Tian Chang Group Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02182:
Receivables Turnover: 2.33
GF Value™: HK$0.26 vs. price of HK$0.40 (53.8% above fair value)
Industry Position: 63.7% below the Conglomerates median (#376 of 526)
No single metric tells the full story. See the HKSE:02182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tian Chang Group Holdings Ltd is principally engaged in the manufacturing and sales of electronic cigarette products and providing integrated plastic solutions in Hong Kong and the PRC. It operates in the segments of the Integrated plastic solutions segment, the Electronic cigarette products segment, and the Medical consumable products segment. The E-cigarette products segment involves the manufacture and sales of e-cigarette products, whereas the Integrated plastic solutions segment consists of the manufacture and sales of moulds and plastic products. The company derives key revenue from the PRC.
47GF Score
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