Tsang Yow Industrial Co (TPE:1568) Receivables Turnover: 1.23 (As of Mar. 2026)

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TPE:1568 Tsang Yow Industrial Co Ltd TPE:1568
72 GF Score
Price NT$26.60
GF Value NT$24.09
Valuation Fairly Valued
! 2 Warning Signs
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What is Tsang Yow Industrial Co Receivables Turnover?

Tsang Yow Industrial Co TPE:1568 +2.70% 72 Receivables Turnover is 1.23 as of Mar. 2026. GuruFocus rates TPE:1568 with a GF Score™ of 72/100 and a GF Value™ of NT$24.09 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,316 Vehicles & Parts companies, Tsang Yow Industrial Co ranks worse than 59.8% 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. Tsang Yow Industrial Co's Revenue for the three months ended in Mar. 2026 was NT$250 Mil. Tsang Yow Industrial Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$204 Mil. Hence, Tsang Yow Industrial Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.23.


Tsang Yow Industrial Co  (TPE:1568) 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.


Tsang Yow Industrial Co Receivables Turnover Related Terms


Tsang Yow Industrial Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tsang Yow Industrial 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.

Tsang Yow Industrial Co Receivables Turnover Chart

Tsang Yow Industrial Co 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 3.12 2.68 3.75 5.07 5.25

Tsang Yow Industrial Co 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 1.37 1.39 1.46 1.40 1.23

TPE:1568 vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, Tsang Yow Industrial 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.


Tsang Yow Industrial Co Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tsang Yow Industrial Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tsang Yow Industrial Co's Receivables Turnover falls into.


TPE:1568
72GF Score
Tsang Yow Industrial Co Ltd TPE:1568
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tsang Yow Industrial Co Receivables Turnover Calculation

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

Tsang Yow Industrial Co'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 )
=1052.42 / ((208.417 + 192.78) / 2 )
=1052.42 / 200.5985
=5.25

Tsang Yow Industrial Co'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 )
=250.31 / ((192.78 + 214.251) / 2 )
=250.31 / 203.5155
=1.23

* 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 1.23 mean?
Tsang Yow Industrial Co (TPE:1568) has a Receivables Turnover of 1.23 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 Tsang Yow Industrial Co and its competitors. According to the industry distribution chart, Tsang Yow Industrial Co ranks #787 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 59.8%.
Is Tsang Yow Industrial Co's Receivables Turnover too high?
Tsang Yow Industrial Co's current Receivables Turnover is 1.23. The Vehicles & Parts industry median Receivables Turnover is 5.99. Tsang Yow Industrial Co's value of 1.23 is 79.4% below this industry median. Based on the distribution chart, Tsang Yow Industrial Co ranks #787 out of 1316 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Tsang Yow Industrial Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tsang Yow Industrial Co's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Tsang Yow Industrial Co ranks #787 out of 1316 companies for Receivables Turnover. This places Tsang Yow Industrial Co in the lower half of its industry. The industry median Receivables Turnover is 5.99. Tsang Yow Industrial Co's value of 1.23 is 79.4% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,316 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. Tsang Yow Industrial Co's current Receivables Turnover of 1.23 is 79.4% 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 Tsang Yow Industrial Co and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsang Yow Industrial Co's current Receivables Turnover is 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsang Yow Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Tsang Yow Industrial Co (TPE:1568) is currently considered Fairly Valued. The stock's GF Value™ is NT$24.09, compared to a current price of NT$26.60 — trading 10.4% above its estimated fair value. The current Receivables Turnover is 1.23 and 79.4% below the Vehicles & Parts industry median of 5.99. Tsang Yow Industrial Co's overall GF Score™ is 72/100 with 2 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 Tsang Yow Industrial Co (TPE:1568), the current Receivables Turnover is 1.23 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 Tsang Yow Industrial Co (TPE:1568) Overvalued in 2026?

Based on GuruFocus' analysis, Tsang Yow Industrial Co stock appears to be overvalued. The current stock price of NT$26.60 is trading 10.4% above its estimated GF Value™ of NT$24.09. GuruFocus considers Tsang Yow Industrial Co to be Fairly Valued.

Key valuation signals for TPE:1568:

  • Receivables Turnover: 1.23
  • GF Value™: NT$24.09 vs. price of NT$26.60 (10.4% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 79.4% below the Vehicles & Parts median (#787 of 1316)

No single metric tells the full story. See the TPE:1568 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsang Yow Industrial Co Business Description

Address No. 18, Chung-Shan Road, Min-Hsiung Industrial Park, Fu-Lo Village, Chia Yi, TWN, 62154
Tsang Yow Industrial Co Ltd is a Manufacturer & Exporter of powertrain components. It engages in the business activities such as Manufacturing and wholesale of other machinery (automatic transmission and drivetrain systems), Manufacturing and wholesale of ships and parts, Manufacturing and wholesale of automobiles and parts, Manufacturing and wholesale of other machinery and devices (automatic transmission and drivetrain systems). It segments include Automatic transmission components for automobiles, Clutch parts for heavy-duty trucks, Drivetrain Parts for Industrial Machinery Automatic transmission components for air conditioner compressors, New energy vehicle motor, Parts finishing and Others. Key revenue is generated from Automatic transmission components for automobiles.
72GF Score

Get the complete analysis for TPE:1568

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

NT$26.60
Price
NT$24.09
GF Value