Shihlin Electric & Engineering (TPE:1503) Receivables Turnover: 1.69 (As of Mar. 2026)

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TPE:1503 Shihlin Electric & Engineering Corp TPE:1503
84 GF Score
Price NT$204.50
GF Value NT$201.08
Valuation Fairly Valued
! 1 Warning Sign
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What is Shihlin Electric & Engineering Receivables Turnover?

Shihlin Electric & Engineering TPE:1503 -3.31% 84 Receivables Turnover is 1.69 as of Mar. 2026. GuruFocus rates TPE:1503 with a GF Score™ of 84/100 and a GF Value™ of NT$201.08 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,032 Industrial Products companies, Shihlin Electric & Engineering ranks better than 69.46% on this metric.

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. Shihlin Electric & Engineering's Revenue for the three months ended in Mar. 2026 was NT$11,559 Mil. Shihlin Electric & Engineering's average Accounts Receivable for the three months ended in Mar. 2026 was NT$6,834 Mil. Hence, Shihlin Electric & Engineering's Receivables Turnover for the three months ended in Mar. 2026 was 1.69.


Shihlin Electric & Engineering  (TPE:1503) 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.


Shihlin Electric & Engineering Receivables Turnover Related Terms


Shihlin Electric & Engineering Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering Receivables Turnover Chart

Shihlin Electric & Engineering Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.93 5.19 5.03 5.41 5.82

Shihlin Electric & Engineering Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.56 1.31 1.33 1.63 1.69

TPE:1503 vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Shihlin Electric & Engineering'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.


Shihlin Electric & Engineering Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shihlin Electric & Engineering's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shihlin Electric & Engineering's Receivables Turnover falls into.


TPE:1503
84GF Score
Shihlin Electric & Engineering Corp TPE:1503
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shihlin Electric & Engineering Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Shihlin Electric & Engineering's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=37177.945 / ((6538.93 + 6245.993) / 2 )
=37177.945 / 6392.4615
=5.82

Shihlin Electric & Engineering's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=11558.778 / ((6245.993 + 7423.003) / 2 )
=11558.778 / 6834.498
=1.69

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.69 mean?
Shihlin Electric & Engineering (TPE:1503) 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 Shihlin Electric & Engineering and its competitors. According to the industry distribution chart, Shihlin Electric & Engineering ranks #926 out of 3032 companies in the Industrial Products industry, placing it in the top 30.5%.
Is Shihlin Electric & Engineering's Receivables Turnover too high?
Shihlin Electric & Engineering's current Receivables Turnover is 1.69. The Industrial Products industry median Receivables Turnover is 4.45. Shihlin Electric & Engineering's value of 1.69 is 62% below this industry median. Based on the distribution chart, Shihlin Electric & Engineering ranks #926 out of 3032 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shihlin Electric & Engineering has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shihlin Electric & Engineering's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shihlin Electric & Engineering ranks #926 out of 3032 companies for Receivables Turnover. This puts Shihlin Electric & Engineering in the upper half of its industry. The industry median Receivables Turnover is 4.45. Shihlin Electric & Engineering's value of 1.69 is 62% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,032 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. Shihlin Electric & Engineering's current Receivables Turnover of 1.69 is 62% 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 Shihlin Electric & Engineering and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Electric & Engineering'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 Shihlin Electric & Engineering stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Electric & Engineering (TPE:1503) is currently considered Fairly Valued. The stock's GF Value™ is NT$201.08, compared to a current price of NT$204.50 — trading 1.7% above its estimated fair value. The current Receivables Turnover is 1.69 and 62% below the Industrial Products industry median of 4.45. Shihlin Electric & Engineering's overall GF Score™ is 84/100 with 1 warning sign 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 Shihlin Electric & Engineering (TPE:1503), 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 Shihlin Electric & Engineering (TPE:1503) Overvalued in 2026?

Based on GuruFocus' analysis, Shihlin Electric & Engineering stock appears to be overvalued. The current stock price of NT$204.50 is trading 1.7% above its estimated GF Value™ of NT$201.08. GuruFocus considers Shihlin Electric & Engineering to be Fairly Valued.

Key valuation signals for TPE:1503:

  • Receivables Turnover: 1.69
  • GF Value™: NT$201.08 vs. price of NT$204.50 (1.7% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 62% below the Industrial Products median (#926 of 3032)

No single metric tells the full story. See the TPE:1503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shihlin Electric & Engineering Business Description

Address No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111
Shihlin Electric & Engineering Corp is engaged in the manufacture of heavy electrical equipment, electrical machinery, electrical automotive equipment and related parts, and the sale and lease of commercial buildings. Its product portfolio comprises low-voltage switches, solar inverters, charging stations, power transformers, capacitors, switchboards, etc. The group has four reportable segments: Electric Distribution, Automobile Parts, Automation Equipment and Parts, and Other. The majority of its revenue is generated by the Electric Distribution segment, which manufactures and sells heavy electric equipment. Geographically, it generates maximum revenue from Taiwan, followed by Mainland China, Vietnam, and other regions.
84GF Score

Get the complete analysis for TPE:1503

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$204.50
Price
NT$201.08
GF Value