Taiwan Glass Ind (TPE:1802) Receivables Turnover: 1.41 (As of Mar. 2026)

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TPE:1802 Taiwan Glass Ind Corp TPE:1802
45 GF Score
Price NT$51.00
GF Value NT$18.84
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Taiwan Glass Ind Receivables Turnover?

Taiwan Glass Ind TPE:1802 -6.08% 45 Receivables Turnover is 1.41 as of Mar. 2026. GuruFocus rates TPE:1802 with a GF Score™ of 45/100 and a GF Value™ of NT$18.84 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 403 Building Materials companies, Taiwan Glass Ind ranks better than 51.86% 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. Taiwan Glass Ind's Revenue for the three months ended in Mar. 2026 was NT$10,244 Mil. Taiwan Glass Ind's average Accounts Receivable for the three months ended in Mar. 2026 was NT$7,256 Mil. Hence, Taiwan Glass Ind's Receivables Turnover for the three months ended in Mar. 2026 was 1.41.


Taiwan Glass Ind  (TPE:1802) 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.


Taiwan Glass Ind Receivables Turnover Related Terms


Taiwan Glass Ind Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Taiwan Glass Ind'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.

Taiwan Glass Ind Receivables Turnover Chart

Taiwan Glass Ind 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 10.60 8.76 10.79 9.45 6.97

Taiwan Glass Ind 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 1.83 1.88 1.81 1.63 1.41

TPE:1802 vs CRH, VMC, MLM: Receivables Turnover Comparison

For the Building Materials subindustry, Taiwan Glass Ind'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.


Taiwan Glass Ind Receivables Turnover vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiwan Glass Ind's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Taiwan Glass Ind's Receivables Turnover falls into.


TPE:1802
45GF Score
Taiwan Glass Ind Corp TPE:1802
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Glass Ind Receivables Turnover Calculation

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

Taiwan Glass Ind'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 )
=41494.382 / ((5032.901 + 6875.668) / 2 )
=41494.382 / 5954.2845
=6.97

Taiwan Glass Ind'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 )
=10244.189 / ((6875.668 + 7636.883) / 2 )
=10244.189 / 7256.2755
=1.41

* 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 1.41 mean?
Taiwan Glass Ind (TPE:1802) has a Receivables Turnover of 1.41 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 Taiwan Glass Ind and its competitors. According to the industry distribution chart, Taiwan Glass Ind ranks #194 out of 403 companies in the Building Materials industry, placing it in the top 48.1%.
Is Taiwan Glass Ind's Receivables Turnover too high?
Taiwan Glass Ind's current Receivables Turnover is 1.41. The Building Materials industry median Receivables Turnover is 6.39. Taiwan Glass Ind's value of 1.41 is 77.9% below this industry median. Based on the distribution chart, Taiwan Glass Ind ranks #194 out of 403 companies in the Building Materials industry, which is above the industry midpoint. Overall, Taiwan Glass Ind has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Glass Ind's Receivables Turnover compare to CRH and VMC?
According to the Building Materials industry distribution chart, Taiwan Glass Ind ranks #194 out of 403 companies for Receivables Turnover. This puts Taiwan Glass Ind in the upper half of its industry. The industry median Receivables Turnover is 6.39. Taiwan Glass Ind's value of 1.41 is 77.9% 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.39, based on 403 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. Taiwan Glass Ind's current Receivables Turnover of 1.41 is 77.9% 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 Taiwan Glass Ind and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Glass Ind's current Receivables Turnover is 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Glass Ind stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Glass Ind (TPE:1802) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.84, compared to a current price of NT$51.00 — trading 170.7% above its estimated fair value. The current Receivables Turnover is 1.41 and 77.9% below the Building Materials industry median of 6.39. Taiwan Glass Ind's overall GF Score™ is 45/100 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 Taiwan Glass Ind (TPE:1802), the current Receivables Turnover is 1.41 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 Taiwan Glass Ind (TPE:1802) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Glass Ind stock appears to be overvalued. The current stock price of NT$51.00 is trading 170.7% above its estimated GF Value™ of NT$18.84. GuruFocus considers Taiwan Glass Ind to be Significantly Overvalued.

Key valuation signals for TPE:1802:

  • Receivables Turnover: 1.41
  • GF Value™: NT$18.84 vs. price of NT$51.00 (170.7% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 77.9% below the Building Materials median (#194 of 403)

No single metric tells the full story. See the TPE:1802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Glass Ind Business Description

Address No. 261, Section 3, Nanjing East Road, 11th Floor, TG Building, Songshan District, Taipei, TWN, 105-405
Taiwan Glass Ind Corp is engaged in the manufacturing, processing, and selling of various glass products. Its products include flat glass, auto glass, ultra-thin glass, photoelectric glass, fiber glass, and containers, tableware & kitchenware. The company's segments include Flat Glass Segment, engaged in the manufacturing and selling of flat glass; Glass Container Segment, engaged in the manufacturing and selling of glass containers; and Glass Fiber Segment, engaged in the manufacturing and selling of glass fibers. It derives the majority of its revenue from the Flat Glass segment. Geographically, its operations are spread across Taiwan, China, and Other countries.
45GF Score

Get the complete analysis for TPE:1802

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

NT$51.00
Price
NT$18.84
GF Value