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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. Ascent Development Co's Revenue for the
three
months ended in Mar. 2026 was NT$75.9 Mil. Ascent Development Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$16.0 Mil.
Hence, Ascent Development Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 4.73.
Ascent Development Co (TPE:1439) 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.
Ascent Development Co Receivables Turnover Related Terms
Ascent Development Co Receivables Turnover Historical Data
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The historical data trend for Ascent Development Co'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.
Ascent Development Co Receivables Turnover Competitor Comparison
For the Real Estate - Development subindustry, Ascent Development Co'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.
Ascent Development Co Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Ascent Development Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ascent Development Co'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.
Ascent Development Co (TPE:1439) has a Receivables Turnover of 4.73 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 Ascent Development Co and its competitors. According to the industry distribution chart, Ascent Development Co ranks #133 out of 1665 companies in the Real Estate industry, placing it in the top 8%.
Is Ascent Development Co's Receivables Turnover too high?
Ascent Development Co's current Receivables Turnover is 4.73. The Real Estate industry median Receivables Turnover is 10.64. Ascent Development Co's value of 4.73 is 55.5% below this industry median. Based on the distribution chart, Ascent Development Co ranks #133 out of 1665 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Ascent Development Co has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ascent Development Co's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, Ascent Development Co ranks #133 out of 1665 companies for Receivables Turnover. This places Ascent Development Co in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 10.64. Ascent Development Co's value of 4.73 is 55.5% 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 a Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.64, based on 1,665 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. Ascent Development Co's current Receivables Turnover of 4.73 is 55.5% 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 Ascent Development Co and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascent Development Co's current Receivables Turnover is 4.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascent Development Co stock overvalued right now?
Based on GuruFocus' analysis, Ascent Development Co (TPE:1439) is currently considered Possible Value Trap. The stock's GF Value™ is NT$50.98, compared to a current price of NT$27.05 — trading 46.9% below its estimated fair value. The current Receivables Turnover is 4.73 and 55.5% below the Real Estate industry median of 10.64. Ascent Development Co's overall GF Score™ is 47/100 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 Ascent Development Co (TPE:1439), the current Receivables Turnover is 4.73 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 Ascent Development Co (TPE:1439) Overvalued in 2026?
Based on GuruFocus' analysis, Ascent Development Co stock appears to be undervalued.
The current stock price of NT$27.05 is trading 46.9% below its estimated GF Value™ of NT$50.98.
GuruFocus considers Ascent Development Co to be Possible Value Trap.
Key valuation signals for TPE:1439:
Receivables Turnover: 4.73
GF Value™: NT$50.98 vs. price of NT$27.05 (46.9% below fair value)
Industry Position: 55.5% below the Real Estate median (#133 of 1665)
No single metric tells the full story. See the TPE:1439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ascent Development Co Ltd mainly engages in real estate development, lease, and sale. The Company is engaged in entrusting construction companies to build or sell buildings, and its business cycle is usually longer than one year. Its businesses include real estate investment development, construction, lease of residential properties, and building development, rental, and leasing. Its segments include construction project sales, which generate maximum revenue, service, lease, and others. The company generates revenue from Taiwan.
47GF 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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