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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. Tainan Enterprises Co's Revenue for the
three
months ended in Mar. 2026 was NT$1,959 Mil. Tainan Enterprises Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$1,465 Mil.
Hence, Tainan Enterprises Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.34.
Tainan Enterprises Co (TPE:1473) 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.
Tainan Enterprises Co Receivables Turnover Related Terms
Tainan Enterprises Co Receivables Turnover Historical Data
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The historical data trend for Tainan Enterprises 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.
TPE:1473 vs RL, LEVI, VFC: Receivables Turnover Comparison
For the Apparel Manufacturing subindustry, Tainan Enterprises 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.
Tainan Enterprises Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tainan Enterprises Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tainan Enterprises 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.
Tainan Enterprises Co (TPE:1473) has a Receivables Turnover of 1.34 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 Tainan Enterprises Co and its competitors. According to the industry distribution chart, Tainan Enterprises Co ranks #805 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 77.7%.
Is Tainan Enterprises Co's Receivables Turnover too high?
Tainan Enterprises Co's current Receivables Turnover is 1.34. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Tainan Enterprises Co's value of 1.34 is 80.6% below this industry median. Based on the distribution chart, Tainan Enterprises Co ranks #805 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Tainan Enterprises Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tainan Enterprises Co's Receivables Turnover compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tainan Enterprises Co ranks #805 out of 1036 companies for Receivables Turnover. This places Tainan Enterprises Co in the lower half of its industry. The industry median Receivables Turnover is 6.89. Tainan Enterprises Co's value of 1.34 is 80.6% 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 6.89, based on 1,036 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. Tainan Enterprises Co's current Receivables Turnover of 1.34 is 80.6% 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 Tainan Enterprises Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tainan Enterprises Co's current Receivables Turnover is 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainan Enterprises Co stock overvalued right now?
Based on GuruFocus' analysis, Tainan Enterprises Co (TPE:1473) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$24.70, compared to a current price of NT$19.75 — trading 20% below its estimated fair value. The current Receivables Turnover is 1.34 and 80.6% below the Manufacturing - Apparel & Accessories industry median of 6.89. Tainan Enterprises Co's overall GF Score™ is 68/100 with 6 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 Tainan Enterprises Co (TPE:1473), the current Receivables Turnover is 1.34 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 Tainan Enterprises Co (TPE:1473) Overvalued in 2026?
Based on GuruFocus' analysis, Tainan Enterprises Co stock appears to be undervalued.
The current stock price of NT$19.75 is trading 20% below its estimated GF Value™ of NT$24.70.
GuruFocus considers Tainan Enterprises Co to be Modestly Undervalued.
Key valuation signals for TPE:1473:
Receivables Turnover: 1.34
GF Value™: NT$24.70 vs. price of NT$19.75 (20% below fair value)
Industry Position: 80.6% below the Manufacturing - Apparel & Accessories median (#805 of 1036)
No single metric tells the full story. See the TPE:1473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tainan Enterprises Co Ltd engages in the manufacturing, retail and export of various kinds of apparels (including woven and knitted garments) in Taiwan. It is principally involved in the manufacturing of all kinds of clothes. Its products include pants, shirts, dresses, skirts, jackets, vests, and coats. It has two segments namely: Garment production and Investment. Geographically the company distributes its services in Taiwan, the United States, Japan, China, Taiwan, Cambodia, Indonesia, Vietnam, Canada and Others, out of which it derives maximum revenue from United States.
68GF Score
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