Globe Industries (TPE:1324) Receivables Turnover: 1.58 (As of Dec. 2025)

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TPE:1324 Globe Industries Corp TPE:1324
63 GF Score
Price NT$9.99
GF Value NT$9.84
Valuation Fairly Valued
! 3 Warning Signs
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What is Globe Industries Receivables Turnover?

Globe Industries TPE:1324 +0.50% 63 Receivables Turnover is 1.58 as of Dec. 2025. GuruFocus rates TPE:1324 with a GF Score™ of 63/100 and a GF Value™ of NT$9.84 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,034 Industrial Products companies, Globe Industries ranks better than 73.76% 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. Globe Industries's Revenue for the three months ended in Dec. 2025 was NT$181.7 Mil. Globe Industries's average Accounts Receivable for the three months ended in Dec. 2025 was NT$115.2 Mil. Hence, Globe Industries's Receivables Turnover for the three months ended in Dec. 2025 was 1.58.


Globe Industries  (TPE:1324) 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.


Globe Industries Receivables Turnover Related Terms


Globe Industries Receivables Turnover Historical Data

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The historical data trend for Globe Industries'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.

Globe Industries Receivables Turnover Chart

Globe Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.17 6.04 7.03 6.62 6.04

Globe Industries Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.72 1.54 1.61 1.50 1.58

Globe Industries Receivables Turnover Competitor Comparison

For the Business Equipment & Supplies subindustry, Globe Industries'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.


Globe Industries Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Globe Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Globe Industries's Receivables Turnover falls into.


TPE:1324
63GF Score
Globe Industries Corp TPE:1324
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Industries Receivables Turnover Calculation

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

Globe Industries's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=733.979 / ((124.082 + 119.132) / 2 )
=733.979 / 121.607
=6.04

Globe Industries's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=181.739 / ((111.245 + 119.132) / 2 )
=181.739 / 115.1885
=1.58

* 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 1.58 mean?
Globe Industries (TPE:1324) has a Receivables Turnover of 1.58 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 Globe Industries and its competitors. According to the industry distribution chart, Globe Industries ranks #796 out of 3034 companies in the Industrial Products industry, placing it in the top 26.2%.
Is Globe Industries' Receivables Turnover too high?
Globe Industries' current Receivables Turnover is 1.58. The Industrial Products industry median Receivables Turnover is 4.45. Globe Industries' value of 1.58 is 64.5% below this industry median. Based on the distribution chart, Globe Industries ranks #796 out of 3034 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Globe Industries has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Industries' Receivables Turnover compare to competitors?
According to the Industrial Products industry distribution chart, Globe Industries ranks #796 out of 3034 companies for Receivables Turnover. This puts Globe Industries in the upper half of its industry. The industry median Receivables Turnover is 4.45. Globe Industries' value of 1.58 is 64.5% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,034 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. Globe Industries's current Receivables Turnover of 1.58 is 64.5% 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 Globe Industries and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Industries's current Receivables Turnover is 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Industries stock overvalued right now?
Based on GuruFocus' analysis, Globe Industries (TPE:1324) is currently considered Fairly Valued. The stock's GF Value™ is NT$9.84, compared to a current price of NT$9.99 — trading 1.5% above its estimated fair value. The current Receivables Turnover is 1.58 and 64.5% below the Industrial Products industry median of 4.45. Globe Industries' overall GF Score™ is 63/100 with 3 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 Globe Industries (TPE:1324), the current Receivables Turnover is 1.58 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 Globe Industries (TPE:1324) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Industries stock appears to be overvalued. The current stock price of NT$9.99 is trading 1.5% above its estimated GF Value™ of NT$9.84. GuruFocus considers Globe Industries to be Fairly Valued.

Key valuation signals for TPE:1324:

  • Receivables Turnover: 1.58
  • GF Value™: NT$9.84 vs. price of NT$9.99 (1.5% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 64.5% below the Industrial Products median (#796 of 3034)

No single metric tells the full story. See the TPE:1324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Industries Business Description

Address Nanjing East Road, 7th Floor, No. 61, Section 3, Zhongshan District, Taipei, TWN, 104507
Globe Industries Corp is a manufacturer of different tapes. The products offered by the company include PVC electrical insulating tape, protective tape, masking tape, foil tape, and packaging tape, among others. Geographically, the company generates a majority of its revenue from its business in Taiwan and the rest from Africa, the Middle East, East Asia, and other regions.
63GF Score

Get the complete analysis for TPE:1324

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

NT$9.99
Price
NT$9.84
GF Value