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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. Hsing Ta Cement Co's Revenue for the
three
months ended in Mar. 2026 was NT$855 Mil. Hsing Ta Cement Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$288 Mil.
Hence, Hsing Ta Cement Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.97.
Hsing Ta Cement Co (TPE:1109) 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.
Hsing Ta Cement Co Receivables Turnover Related Terms
Hsing Ta Cement Co Receivables Turnover Historical Data
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The historical data trend for Hsing Ta Cement 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.
TPE:1109 vs CRH, VMC, MLM: Receivables Turnover Comparison
For the Building Materials subindustry, Hsing Ta Cement 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.
Hsing Ta Cement Co Receivables Turnover vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Hsing Ta Cement Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hsing Ta Cement Co'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.
Hsing Ta Cement Co (TPE:1109) has a Receivables Turnover of 2.97 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 Hsing Ta Cement Co and its competitors. According to the industry distribution chart, Hsing Ta Cement Co ranks #67 out of 404 companies in the Building Materials industry, placing it in the top 16.6%.
Is Hsing Ta Cement Co's Receivables Turnover too high?
Hsing Ta Cement Co's current Receivables Turnover is 2.97. The Building Materials industry median Receivables Turnover is 6.35. Hsing Ta Cement Co's value of 2.97 is 53.2% below this industry median. Based on the distribution chart, Hsing Ta Cement Co ranks #67 out of 404 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Hsing Ta Cement Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hsing Ta Cement Co's Receivables Turnover compare to CRH and VMC?
According to the Building Materials industry distribution chart, Hsing Ta Cement Co ranks #67 out of 404 companies for Receivables Turnover. This places Hsing Ta Cement Co in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.35. Hsing Ta Cement Co's value of 2.97 is 53.2% 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.35, based on 404 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. Hsing Ta Cement Co's current Receivables Turnover of 2.97 is 53.2% 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 Hsing Ta Cement Co and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsing Ta Cement Co's current Receivables Turnover is 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsing Ta Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Hsing Ta Cement Co (TPE:1109) is currently considered Fairly Valued. The stock's GF Value™ is NT$13.45, compared to a current price of NT$13.70 — trading 1.9% above its estimated fair value. The current Receivables Turnover is 2.97 and 53.2% below the Building Materials industry median of 6.35. Hsing Ta Cement Co's overall GF Score™ is 69/100 with 4 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 Hsing Ta Cement Co (TPE:1109), the current Receivables Turnover is 2.97 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 Hsing Ta Cement Co (TPE:1109) Overvalued in 2026?
Based on GuruFocus' analysis, Hsing Ta Cement Co stock appears to be overvalued.
The current stock price of NT$13.70 is trading 1.9% above its estimated GF Value™ of NT$13.45.
GuruFocus considers Hsing Ta Cement Co to be Fairly Valued.
Key valuation signals for TPE:1109:
Receivables Turnover: 2.97
GF Value™: NT$13.45 vs. price of NT$13.70 (1.9% above fair value)
Industry Position: 53.2% below the Building Materials median (#67 of 404)
No single metric tells the full story. See the TPE:1109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsing Ta Cement Co Ltd is engaged in quarrying, processing, warehousing, and distribution of minerals, manufacturing, processing, warehousing, and distribution of limestone chemicals, cement products and limestone related industry, treatment of general waste, sales and leasing of real estate, consultancy of building management, etc. It offers products such as Bootland Cement Type I Cement, Botland Type I Low Alkali Cement, Jinghao dry-mixed cement sand type III, and Others. The Company mainly operates businesses in Taiwan and China. It generates the majority of its revenue from China.
69GF Score
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