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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. Taiwan Styrene Monomer's Revenue for the
three
months ended in Mar. 2026 was NT$2,185 Mil. Taiwan Styrene Monomer's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$705 Mil.
Hence, Taiwan Styrene Monomer's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.10.
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.
Taiwan Styrene Monomer Receivables Turnover Related Terms
Taiwan Styrene Monomer Receivables Turnover Historical Data
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The historical data trend for Taiwan Styrene Monomer'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.
For the Chemicals subindustry, Taiwan Styrene Monomer'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.
Taiwan Styrene Monomer Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiwan Styrene Monomer's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Taiwan Styrene Monomer'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.
Taiwan Styrene Monomer (TPE:1310) has a Receivables Turnover of 3.10 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 Taiwan Styrene Monomer and its competitors. According to the industry distribution chart, Taiwan Styrene Monomer ranks #231 out of 1577 companies in the Chemicals industry, placing it in the top 14.6%.
Is Taiwan Styrene Monomer's Receivables Turnover too high?
Taiwan Styrene Monomer's current Receivables Turnover is 3.10. The Chemicals industry median Receivables Turnover is 5.60. Taiwan Styrene Monomer's value of 3.10 is 44.6% below this industry median. Based on the distribution chart, Taiwan Styrene Monomer ranks #231 out of 1577 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Styrene Monomer has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Styrene Monomer's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Taiwan Styrene Monomer ranks #231 out of 1577 companies for Receivables Turnover. This places Taiwan Styrene Monomer in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.60. Taiwan Styrene Monomer's value of 3.10 is 44.6% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.60, based on 1,577 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. Taiwan Styrene Monomer's current Receivables Turnover of 3.10 is 44.6% 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 Taiwan Styrene Monomer and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Styrene Monomer's current Receivables Turnover is 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Styrene Monomer stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Styrene Monomer (TPE:1310) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$9.74, compared to a current price of NT$7.33 — trading 24.7% below its estimated fair value. The current Receivables Turnover is 3.10 and 44.6% below the Chemicals industry median of 5.60. Taiwan Styrene Monomer's overall GF Score™ is 63/100 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 Taiwan Styrene Monomer (TPE:1310), the current Receivables Turnover is 3.10 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 Taiwan Styrene Monomer (TPE:1310) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Styrene Monomer stock appears to be undervalued.
The current stock price of NT$7.33 is trading 24.7% below its estimated GF Value™ of NT$9.74.
GuruFocus considers Taiwan Styrene Monomer to be Modestly Undervalued.
Key valuation signals for TPE:1310:
Receivables Turnover: 3.10
GF Value™: NT$9.74 vs. price of NT$7.33 (24.7% below fair value)
Industry Position: 44.6% below the Chemicals median (#231 of 1577)
No single metric tells the full story. See the TPE:1310 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Styrene Monomer Corp manufactures and sells styrene monomer. The company's products include Styrene Monomer, Para-diethyl benzene, Toluene, and Ethyl benzene. Its main clients are the manufacturers of Polystyrene, ABS resins, and Synthetic rubber, of which the products are widely applied in industries of: electric appliances, machines, electronics, automobiles, and packaging etc. Its segments consist of the Plasticization segment, which engages in manufacturing and domestic/international sales of styrene monomer, chemical and plastic materials; the Investment segment, which engages in investment business; and the Other segment. The majority of the revenue is derived from the Plasticization segment from Asia. Geographically, it operates in Asia, America, and Europe.
63GF Score
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