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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. Formosa Chemicals & Fibre's Revenue for the
three
months ended in Mar. 2026 was NT$81,750 Mil. Formosa Chemicals & Fibre's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$23,552 Mil.
Hence, Formosa Chemicals & Fibre's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.47.
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.
Formosa Chemicals & Fibre Receivables Turnover Related Terms
Formosa Chemicals & Fibre 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.
For the Chemicals subindustry, Formosa Chemicals & Fibre'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.
Formosa Chemicals & Fibre Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Formosa Chemicals & Fibre's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Formosa Chemicals & Fibre'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.
Formosa Chemicals & Fibre (TPE:1326) has a Receivables Turnover of 3.47 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 Formosa Chemicals & Fibre and its competitors. According to the industry distribution chart, Formosa Chemicals & Fibre ranks #217 out of 1579 companies in the Chemicals industry, placing it in the top 13.7%.
Is Formosa Chemicals & Fibre's Receivables Turnover too high?
Formosa Chemicals & Fibre's current Receivables Turnover is 3.47. The Chemicals industry median Receivables Turnover is 5.60. Formosa Chemicals & Fibre's value of 3.47 is 38% below this industry median. Based on the distribution chart, Formosa Chemicals & Fibre ranks #217 out of 1579 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Formosa Chemicals & Fibre has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Chemicals & Fibre's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Formosa Chemicals & Fibre ranks #217 out of 1579 companies for Receivables Turnover. This places Formosa Chemicals & Fibre in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.60. Formosa Chemicals & Fibre's value of 3.47 is 38% 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 1,579 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. Formosa Chemicals & Fibre's current Receivables Turnover of 3.47 is 38% 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 Formosa Chemicals & Fibre 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. Formosa Chemicals & Fibre's current Receivables Turnover is 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Chemicals & Fibre stock overvalued right now?
Based on GuruFocus' analysis, Formosa Chemicals & Fibre (TPE:1326) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.20, compared to a current price of NT$57.40 — trading 32.9% above its estimated fair value. The current Receivables Turnover is 3.47 and 38% below the Chemicals industry median of 5.60. Formosa Chemicals & Fibre's overall GF Score™ is 69/100 with 8 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 Formosa Chemicals & Fibre (TPE:1326), the current Receivables Turnover is 3.47 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 Formosa Chemicals & Fibre (TPE:1326) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Chemicals & Fibre stock appears to be overvalued.
The current stock price of NT$57.40 is trading 32.9% above its estimated GF Value™ of NT$43.20.
GuruFocus considers Formosa Chemicals & Fibre to be Significantly Overvalued.
Key valuation signals for TPE:1326:
Receivables Turnover: 3.47
GF Value™: NT$43.20 vs. price of NT$57.40 (32.9% above fair value)
Industry Position: 38% below the Chemicals median (#217 of 1579)
No single metric tells the full story. See the TPE:1326 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Chemicals & Fibre Corp businesses are the production and sales of petrochemical products, including PTA, PS, AN, Butadiene, SM polymer, SM, benzene, toluene, pxylene (PX) and o-xylene (OX), as well as nylon fiber, and rayon staple fiber. The Company is also engaged in spinning, weaving, dyeing, and finishing.
69GF Score
Get the complete analysis for TPE:1326
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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