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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. Asia Plastic Recycling Holdings's Revenue for the
three
months ended in Mar. 2026 was NT$152.3 Mil. Asia Plastic Recycling Holdings's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$90.2 Mil.
Hence, Asia Plastic Recycling Holdings's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.69.
Asia Plastic Recycling Holdings (TPE:1337) 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.
Asia Plastic Recycling Holdings Receivables Turnover Related Terms
Asia Plastic Recycling 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.
Asia Plastic Recycling Holdings Receivables Turnover Chart
TPE:1337 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Asia Plastic Recycling 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.
Asia Plastic Recycling Holdings Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Asia Plastic Recycling Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Asia Plastic Recycling 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.
Asia Plastic Recycling Holdings (TPE:1337) has a Receivables Turnover of 1.69 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 Asia Plastic Recycling Holdings and its competitors. According to the industry distribution chart, Asia Plastic Recycling Holdings ranks #559 out of 1577 companies in the Chemicals industry, placing it in the top 35.4%.
Is Asia Plastic Recycling Holdings' Receivables Turnover too high?
Asia Plastic Recycling Holdings' current Receivables Turnover is 1.69. The Chemicals industry median Receivables Turnover is 5.60. Asia Plastic Recycling Holdings' value of 1.69 is 69.8% below this industry median. Based on the distribution chart, Asia Plastic Recycling Holdings ranks #559 out of 1577 companies in the Chemicals industry, which is above the industry midpoint. Overall, Asia Plastic Recycling Holdings has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asia Plastic Recycling Holdings' Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Asia Plastic Recycling Holdings ranks #559 out of 1577 companies for Receivables Turnover. This puts Asia Plastic Recycling Holdings in the upper half of its industry. The industry median Receivables Turnover is 5.60. Asia Plastic Recycling Holdings' value of 1.69 is 69.8% 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. Asia Plastic Recycling Holdings's current Receivables Turnover of 1.69 is 69.8% 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 Asia Plastic Recycling Holdings 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. Asia Plastic Recycling Holdings's current Receivables Turnover is 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Plastic Recycling Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia Plastic Recycling Holdings (TPE:1337) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$5.28, compared to a current price of NT$4.56 — trading 13.6% below its estimated fair value. The current Receivables Turnover is 1.69 and 69.8% below the Chemicals industry median of 5.60. Asia Plastic Recycling Holdings' overall GF Score™ is 60/100 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 Asia Plastic Recycling Holdings (TPE:1337), the current Receivables Turnover is 1.69 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 Asia Plastic Recycling Holdings (TPE:1337) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Plastic Recycling Holdings stock appears to be undervalued.
The current stock price of NT$4.56 is trading 13.6% below its estimated GF Value™ of NT$5.28.
GuruFocus considers Asia Plastic Recycling Holdings to be Modestly Undervalued.
Key valuation signals for TPE:1337:
Receivables Turnover: 1.69
GF Value™: NT$5.28 vs. price of NT$4.56 (13.6% below fair value)
Industry Position: 69.8% below the Chemicals median (#559 of 1577)
No single metric tells the full story. See the TPE:1337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Plastic Recycling Holdings Business Description
Asia Plastic Recycling Holdings Ltd is engaged in the manufacturing, sale, research, and development of ethylene-vinyl acetate copolymer (EVA). EVA foam material is used in shoes, luggage (luggage trolley) linings, sporting goods, toys, car liners, home improvement building materials, and other fields.
60GF Score
Get the complete analysis for TPE:1337
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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