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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. Far Eastern New Century's Revenue for the
three
months ended in Mar. 2026 was NT$61,289 Mil. Far Eastern New Century's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$33,737 Mil.
Hence, Far Eastern New Century's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.82.
Far Eastern New Century (TPE:1402) 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.
Far Eastern New Century Receivables Turnover Related Terms
Far Eastern New Century Receivables Turnover Historical Data
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The historical data trend for Far Eastern New Century'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.
Far Eastern New Century Receivables Turnover Chart
Far Eastern New Century Receivables Turnover Competitor Comparison
For the Textile Manufacturing subindustry, Far Eastern New Century'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.
Far Eastern New Century Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Far Eastern New Century's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Far Eastern New Century'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.
Far Eastern New Century (TPE:1402) has a Receivables Turnover of 1.82 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 Far Eastern New Century and its competitors. According to the industry distribution chart, Far Eastern New Century ranks #474 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45.9%.
Is Far Eastern New Century's Receivables Turnover too high?
Far Eastern New Century's current Receivables Turnover is 1.82. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.94. Far Eastern New Century's value of 1.82 is 73.8% below this industry median. Based on the distribution chart, Far Eastern New Century ranks #474 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Far Eastern New Century has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Far Eastern New Century's Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Far Eastern New Century ranks #474 out of 1032 companies for Receivables Turnover. This puts Far Eastern New Century in the upper half of its industry. The industry median Receivables Turnover is 6.94. Far Eastern New Century's value of 1.82 is 73.8% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.94, based on 1,032 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. Far Eastern New Century's current Receivables Turnover of 1.82 is 73.8% 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 Far Eastern New Century and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far Eastern New Century's current Receivables Turnover is 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far Eastern New Century stock overvalued right now?
Based on GuruFocus' analysis, Far Eastern New Century (TPE:1402) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$32.32, compared to a current price of NT$27.35 — trading 15.4% below its estimated fair value. The current Receivables Turnover is 1.82 and 73.8% below the Manufacturing - Apparel & Accessories industry median of 6.94. Far Eastern New Century's overall GF Score™ is 78/100 with 7 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 Far Eastern New Century (TPE:1402), the current Receivables Turnover is 1.82 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 Far Eastern New Century (TPE:1402) Overvalued in 2026?
Based on GuruFocus' analysis, Far Eastern New Century stock appears to be undervalued.
The current stock price of NT$27.35 is trading 15.4% below its estimated GF Value™ of NT$32.32.
GuruFocus considers Far Eastern New Century to be Modestly Undervalued.
Key valuation signals for TPE:1402:
Receivables Turnover: 1.82
GF Value™: NT$32.32 vs. price of NT$27.35 (15.4% below fair value)
Industry Position: 73.8% below the Manufacturing - Apparel & Accessories median (#474 of 1032)
No single metric tells the full story. See the TPE:1402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China and overseas. The company is organized into a business that includes manufacturing and selling polyester materials and semi-finished and finished textiles such as cotton, synthetic or blended fabrics, towels and bed sheets, and woven and knitted garments; PET (polyethylene terephthalate) bottles and sheets; and natural, synthetic or blended yarns and polyester textured yarns. It also does yarn, silk and cloth printing and dyeing. Its operating segments include: Investments in production business, which derives key revenue; telecommunication services business; property development business; and Investment and other business.
78GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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