China Man-Made Fiber (TPE:1718) Receivables Turnover: 0.99 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1718 China Man-Made Fiber Corp TPE:1718
67 GF Score
Price NT$8.73
GF Value NT$9.37
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is China Man-Made Fiber Receivables Turnover?

China Man-Made Fiber TPE:1718 +1.04% 67 Receivables Turnover is 0.99 as of Dec. 2025. GuruFocus rates TPE:1718 with a GF Score™ of 67/100 and a GF Value™ of NT$9.37 (Fairly Valued). The stock has 5 warning signs investors should review. Among 33 Banks companies, China Man-Made Fiber ranks worse than 78.79% 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. China Man-Made Fiber's Revenue for the three months ended in Dec. 2025 was NT$10,777 Mil. China Man-Made Fiber's average Accounts Receivable for the three months ended in Dec. 2025 was NT$10,902 Mil. Hence, China Man-Made Fiber's Receivables Turnover for the three months ended in Dec. 2025 was 0.99.


China Man-Made Fiber  (TPE:1718) 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.


China Man-Made Fiber Receivables Turnover Related Terms


China Man-Made Fiber Receivables Turnover Historical Data

* Premium members only.

The historical data trend for China Man-Made Fiber'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.

China Man-Made Fiber Receivables Turnover Chart

China Man-Made Fiber 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 4.03 3.81 3.45 3.17 3.62

China Man-Made Fiber Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.77 0.80 0.82 0.96 0.99

TPE:1718 vs PNC, USB: Receivables Turnover Comparison

For the Banks - Regional subindustry, China Man-Made Fiber'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.


China Man-Made Fiber Receivables Turnover vs Banks Industry

For the Banks industry and Financial Services sector, China Man-Made Fiber's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Man-Made Fiber's Receivables Turnover falls into.


TPE:1718
67GF Score
China Man-Made Fiber Corp TPE:1718
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Man-Made Fiber Receivables Turnover Calculation

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

China Man-Made Fiber'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 )
=43336.858 / ((13461.835 + 10489.321) / 2 )
=43336.858 / 11975.578
=3.62

China Man-Made Fiber's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=10777.341 / ((11314.174 + 10489.321) / 2 )
=10777.341 / 10901.7475
=0.99

* 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 0.99 mean?
China Man-Made Fiber (TPE:1718) has a Receivables Turnover of 0.99 as of Dec. 2025. 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 China Man-Made Fiber and its competitors. According to the industry distribution chart, China Man-Made Fiber ranks #26 out of 33 companies in the Banks industry, placing it in the top 78.8%.
Is China Man-Made Fiber's Receivables Turnover too high?
China Man-Made Fiber's current Receivables Turnover is 0.99. The Banks industry median Receivables Turnover is 9.63. China Man-Made Fiber's value of 0.99 is 89.7% below this industry median. Based on the distribution chart, China Man-Made Fiber ranks #26 out of 33 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, China Man-Made Fiber has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Man-Made Fiber's Receivables Turnover compare to PNC and USB?
According to the Banks industry distribution chart, China Man-Made Fiber ranks #26 out of 33 companies for Receivables Turnover. This places China Man-Made Fiber in the lower half of its industry. The industry median Receivables Turnover is 9.63. China Man-Made Fiber's value of 0.99 is 89.7% 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 Banks company?
The median Receivables Turnover among Banks companies is 9.63, based on 33 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. China Man-Made Fiber's current Receivables Turnover of 0.99 is 89.7% 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 China Man-Made Fiber and its competitors. For the Banks industry, the median Receivables Turnover is 9.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Man-Made Fiber's current Receivables Turnover is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Man-Made Fiber stock overvalued right now?
Based on GuruFocus' analysis, China Man-Made Fiber (TPE:1718) is currently considered Fairly Valued. The stock's GF Value™ is NT$9.37, compared to a current price of NT$8.73 — trading 6.8% below its estimated fair value. The current Receivables Turnover is 0.99 and 89.7% below the Banks industry median of 9.63. China Man-Made Fiber's overall GF Score™ is 67/100 with 5 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 China Man-Made Fiber (TPE:1718), the current Receivables Turnover is 0.99 as of Dec. 2025. 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 China Man-Made Fiber (TPE:1718) Overvalued in 2026?

Based on GuruFocus' analysis, China Man-Made Fiber stock appears to be undervalued. The current stock price of NT$8.73 is trading 6.8% below its estimated GF Value™ of NT$9.37. GuruFocus considers China Man-Made Fiber to be Fairly Valued.

Key valuation signals for TPE:1718:

  • Receivables Turnover: 0.99
  • GF Value™: NT$9.37 vs. price of NT$8.73 (6.8% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 89.7% below the Banks median (#26 of 33)

No single metric tells the full story. See the TPE:1718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Man-Made Fiber Business Description

Address Xinsheng S. Road, 10th Floor, No. 50, Sector 1, World Trade Building, Zhongzheng District, Taipei City, TWN, 100
China Man-Made Fiber Corp makes and sells chemicals and fiber products, including polyester yarn and filament, and rayon yarn and fiber, which are used to make apparel, footwear, and industrial cloth. The company's segments include Chemical Industry Department, Chemical Fiber Department, Bank departments, and other departments. The majority of its revenue is generated from banking departments.
67GF Score

Get the complete analysis for TPE:1718

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

NT$8.73
Price
NT$9.37
GF Value