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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. Shihlin Paper's Revenue for the
three
months ended in Mar. 2026 was NT$39.2 Mil. Shihlin Paper's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$47.9 Mil.
Hence, Shihlin Paper's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.82.
Shihlin Paper (TPE:1903) 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.
Shihlin Paper Receivables Turnover Related Terms
Shihlin Paper Receivables Turnover Historical Data
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The historical data trend for Shihlin Paper'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.
TPE:1903 vs PG, CL, KVUE: Receivables Turnover Comparison
For the Household & Personal Products subindustry, Shihlin Paper'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.
Shihlin Paper Receivables Turnover vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Shihlin Paper's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shihlin Paper's Receivables Turnover falls into.
* 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.
Shihlin Paper (TPE:1903) has a Receivables Turnover of 0.82 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 Shihlin Paper and its competitors. According to the industry distribution chart, Shihlin Paper ranks #1814 out of 1944 companies in the Consumer Packaged Goods industry, placing it in the top 93.3%.
Is Shihlin Paper's Receivables Turnover too high?
Shihlin Paper's current Receivables Turnover is 0.82. The Consumer Packaged Goods industry median Receivables Turnover is 9.33. Shihlin Paper's value of 0.82 is 91.2% below this industry median. Based on the distribution chart, Shihlin Paper ranks #1814 out of 1944 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Shihlin Paper has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shihlin Paper's Receivables Turnover compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Shihlin Paper ranks #1814 out of 1944 companies for Receivables Turnover. This places Shihlin Paper in the lower half of its industry. The industry median Receivables Turnover is 9.33. Shihlin Paper's value of 0.82 is 91.2% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.33, based on 1,944 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. Shihlin Paper's current Receivables Turnover of 0.82 is 91.2% 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 Shihlin Paper and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shihlin Paper's current Receivables Turnover is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shihlin Paper stock overvalued right now?
Based on GuruFocus' analysis, Shihlin Paper (TPE:1903) is currently considered Fairly Valued. The stock's GF Value™ is NT$51.36, compared to a current price of NT$47.40 — trading 7.7% below its estimated fair value. The current Receivables Turnover is 0.82 and 91.2% below the Consumer Packaged Goods industry median of 9.33. Shihlin Paper's overall GF Score™ is 61/100 with 6 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 Shihlin Paper (TPE:1903), the current Receivables Turnover is 0.82 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 Shihlin Paper (TPE:1903) Overvalued in 2026?
Based on GuruFocus' analysis, Shihlin Paper stock appears to be undervalued.
The current stock price of NT$47.40 is trading 7.7% below its estimated GF Value™ of NT$51.36.
GuruFocus considers Shihlin Paper to be Fairly Valued.
Key valuation signals for TPE:1903:
Receivables Turnover: 0.82
GF Value™: NT$51.36 vs. price of NT$47.40 (7.7% below fair value)
Industry Position: 91.2% below the Consumer Packaged Goods median (#1814 of 1944)
No single metric tells the full story. See the TPE:1903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shihlin Paper Corp is engaged in the sales of paper-processed products, wet wipes, facial masks, skincare products, and toiletries and the leasing of assets and investment and development. The company's segments consist of the Consumer Goods Department and the Real Estate Development Department. The Consumer Goods Department is responsible for selling wet wipes and facial masks and leasing real estate. The Real Estate Development Department engages in developing, leasing, and urban renewal and reconstruction of residential property and buildings.
61GF Score
Get the complete analysis for TPE:1903
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