Evertop Wire Cable (TPE:1616) Receivables Turnover: 1.36 (As of Mar. 2026)

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TPE:1616 Evertop Wire Cable Corp TPE:1616
78 GF Score
Price NT$18.55
GF Value NT$26.98
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Evertop Wire Cable Receivables Turnover?

Evertop Wire Cable TPE:1616 +3.06% 78 Receivables Turnover is 1.36 as of Mar. 2026. GuruFocus rates TPE:1616 with a GF Score™ of 78/100 and a GF Value™ of NT$26.98 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 3,034 Industrial Products companies, Evertop Wire Cable ranks better than 56.66% 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. Evertop Wire Cable's Revenue for the three months ended in Mar. 2026 was NT$1,303 Mil. Evertop Wire Cable's average Accounts Receivable for the three months ended in Mar. 2026 was NT$955 Mil. Hence, Evertop Wire Cable's Receivables Turnover for the three months ended in Mar. 2026 was 1.36.


Evertop Wire Cable  (TPE:1616) 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.


Evertop Wire Cable Receivables Turnover Related Terms


Evertop Wire Cable Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Evertop Wire Cable'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.

Evertop Wire Cable Receivables Turnover Chart

Evertop Wire Cable 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 6.73 7.69 6.03 4.54 4.85

Evertop Wire Cable 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 1.09 1.41 1.43 1.02 1.36

TPE:1616 vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Evertop Wire Cable'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.


Evertop Wire Cable Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Evertop Wire Cable's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Evertop Wire Cable's Receivables Turnover falls into.


TPE:1616
78GF Score
Evertop Wire Cable Corp TPE:1616
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Evertop Wire Cable Receivables Turnover Calculation

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

Evertop Wire Cable'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 )
=5207.641 / ((1150.369 + 997.831) / 2 )
=5207.641 / 1074.1
=4.85

Evertop Wire Cable'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 )
=1302.894 / ((997.831 + 911.399) / 2 )
=1302.894 / 954.615
=1.36

* 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 1.36 mean?
Evertop Wire Cable (TPE:1616) has a Receivables Turnover of 1.36 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 Evertop Wire Cable and its competitors. According to the industry distribution chart, Evertop Wire Cable ranks #1315 out of 3034 companies in the Industrial Products industry, placing it in the top 43.3%.
Is Evertop Wire Cable's Receivables Turnover too high?
Evertop Wire Cable's current Receivables Turnover is 1.36. The Industrial Products industry median Receivables Turnover is 4.45. Evertop Wire Cable's value of 1.36 is 69.4% below this industry median. Based on the distribution chart, Evertop Wire Cable ranks #1315 out of 3034 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Evertop Wire Cable has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evertop Wire Cable's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Evertop Wire Cable ranks #1315 out of 3034 companies for Receivables Turnover. This puts Evertop Wire Cable in the upper half of its industry. The industry median Receivables Turnover is 4.45. Evertop Wire Cable's value of 1.36 is 69.4% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,034 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. Evertop Wire Cable's current Receivables Turnover of 1.36 is 69.4% 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 Evertop Wire Cable 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. Evertop Wire Cable's current Receivables Turnover is 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evertop Wire Cable stock overvalued right now?
Based on GuruFocus' analysis, Evertop Wire Cable (TPE:1616) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$26.98, compared to a current price of NT$18.55 — trading 31.2% below its estimated fair value. The current Receivables Turnover is 1.36 and 69.4% below the Industrial Products industry median of 4.45. Evertop Wire Cable's overall GF Score™ is 78/100 with 3 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 Evertop Wire Cable (TPE:1616), the current Receivables Turnover is 1.36 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 Evertop Wire Cable (TPE:1616) Overvalued in 2026?

Based on GuruFocus' analysis, Evertop Wire Cable stock appears to be undervalued. The current stock price of NT$18.55 is trading 31.2% below its estimated GF Value™ of NT$26.98. GuruFocus considers Evertop Wire Cable to be Significantly Undervalued.

Key valuation signals for TPE:1616:

  • Receivables Turnover: 1.36
  • GF Value™: NT$26.98 vs. price of NT$18.55 (31.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 69.4% below the Industrial Products median (#1315 of 3034)

No single metric tells the full story. See the TPE:1616 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evertop Wire Cable Business Description

Address No.1, Lane 91, Renai Road, 1st Floor, Section 2, Zhongzheng District, Taipei, TWN
Evertop Wire Cable Corp is engaged in the manufacturing, processing, sale, and installation of bare cooper wires, tinned wires, power cables, computer cables, insulated wires, coaxial cables, PVC wire cables, XLPE high and low voltage power cables, telecommunication cables, fiber optic cables, and rubber cables. The company generates a majority of its revenue from Taiwan and the rest from Vietnam.
78GF Score

Get the complete analysis for TPE:1616

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

NT$18.55
Price
NT$26.98
GF Value