China Glaze Co (TPE:1809) Receivables Turnover: 1.12 (As of Dec. 2025)

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TPE:1809 China Glaze Co Ltd TPE:1809
61 GF Score
Price NT$36.90
GF Value NT$18.69
Valuation Significantly Overvalued
! 3 Warning Signs
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What is China Glaze Co Receivables Turnover?

China Glaze Co TPE:1809 -4.77% 61 Receivables Turnover is 1.12 as of Dec. 2025. GuruFocus rates TPE:1809 with a GF Score™ of 61/100 and a GF Value™ of NT$18.69 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,763 Construction companies, China Glaze Co ranks worse than 51.84% 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 Glaze Co's Revenue for the three months ended in Dec. 2025 was NT$637 Mil. China Glaze Co's average Accounts Receivable for the three months ended in Dec. 2025 was NT$567 Mil. Hence, China Glaze Co's Receivables Turnover for the three months ended in Dec. 2025 was 1.12.


China Glaze Co  (TPE:1809) 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 Glaze Co Receivables Turnover Related Terms


China Glaze Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for China Glaze 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.

China Glaze Co Receivables Turnover Chart

China Glaze 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 4.54 4.88 4.23 4.45 4.52

China Glaze Co 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 1.25 1.08 1.22 1.24 1.12

TPE:1809 vs TT, JCI, CARR: Receivables Turnover Comparison

For the Building Products & Equipment subindustry, China Glaze 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.


China Glaze Co Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, China Glaze Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where China Glaze Co's Receivables Turnover falls into.


TPE:1809
61GF Score
China Glaze Co Ltd TPE:1809
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Glaze Co Receivables Turnover Calculation

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

China Glaze 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 )
=2497.538 / ((534.136 + 570.638) / 2 )
=2497.538 / 552.387
=4.52

China Glaze Co'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 )
=636.729 / ((563.453 + 570.638) / 2 )
=636.729 / 567.0455
=1.12

* 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 1.12 mean?
China Glaze Co (TPE:1809) has a Receivables Turnover of 1.12 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 Glaze Co and its competitors. According to the industry distribution chart, China Glaze Co ranks #914 out of 1763 companies in the Construction industry, placing it in the top 51.8%.
Is China Glaze Co's Receivables Turnover too high?
China Glaze Co's current Receivables Turnover is 1.12. The Construction industry median Receivables Turnover is 4.78. China Glaze Co's value of 1.12 is 76.6% below this industry median. Based on the distribution chart, China Glaze Co ranks #914 out of 1763 companies in the Construction industry, which is below the industry midpoint. Overall, China Glaze Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Glaze Co's Receivables Turnover compare to TT and JCI?
According to the Construction industry distribution chart, China Glaze Co ranks #914 out of 1763 companies for Receivables Turnover. This places China Glaze Co in the lower half of its industry. The industry median Receivables Turnover is 4.78. China Glaze Co's value of 1.12 is 76.6% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,763 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 Glaze Co's current Receivables Turnover of 1.12 is 76.6% 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 Glaze Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Glaze Co's current Receivables Turnover is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Glaze Co stock overvalued right now?
Based on GuruFocus' analysis, China Glaze Co (TPE:1809) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.69, compared to a current price of NT$36.90 — trading 97.4% above its estimated fair value. The current Receivables Turnover is 1.12 and 76.6% below the Construction industry median of 4.78. China Glaze Co's overall GF Score™ is 61/100 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 China Glaze Co (TPE:1809), the current Receivables Turnover is 1.12 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 Glaze Co (TPE:1809) Overvalued in 2026?

Based on GuruFocus' analysis, China Glaze Co stock appears to be overvalued. The current stock price of NT$36.90 is trading 97.4% above its estimated GF Value™ of NT$18.69. GuruFocus considers China Glaze Co to be Significantly Overvalued.

Key valuation signals for TPE:1809:

  • Receivables Turnover: 1.12
  • GF Value™: NT$18.69 vs. price of NT$36.90 (97.4% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 76.6% below the Construction median (#914 of 1763)

No single metric tells the full story. See the TPE:1809 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Glaze Co Business Description

Address No. 136, Chung Hsing Road, Section 4, Zhudong Township, Hsinchu, TWN, 31061
China Glaze Co Ltd is engaged in mainly manufacturing and sales of various frit, glaze, pigments, ceramics, crystallized glass, phosphor powder for photoelectric use, and digital textile ink.
61GF Score

Get the complete analysis for TPE:1809

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

NT$36.90
Price
NT$18.69
GF Value