Tung Ho Steel Enterprise (TPE:2006) Receivables Turnover: 5.13 (As of Dec. 2025)

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TPE:2006 Tung Ho Steel Enterprise Corp TPE:2006
88 GF Score
Price NT$71.50
GF Value NT$64.09
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Tung Ho Steel Enterprise Receivables Turnover?

Tung Ho Steel Enterprise TPE:2006 +2.14% 88 Receivables Turnover is 5.13 as of Dec. 2025. GuruFocus rates TPE:2006 with a GF Score™ of 88/100 and a GF Value™ of NT$64.09 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 605 Steel companies, Tung Ho Steel Enterprise ranks better than 83.47% 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. Tung Ho Steel Enterprise's Revenue for the three months ended in Dec. 2025 was NT$13,832 Mil. Tung Ho Steel Enterprise's average Accounts Receivable for the three months ended in Dec. 2025 was NT$2,698 Mil. Hence, Tung Ho Steel Enterprise's Receivables Turnover for the three months ended in Dec. 2025 was 5.13.


Tung Ho Steel Enterprise  (TPE:2006) 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.


Tung Ho Steel Enterprise Receivables Turnover Related Terms


Tung Ho Steel Enterprise Receivables Turnover Historical Data

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The historical data trend for Tung Ho Steel Enterprise'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.

Tung Ho Steel Enterprise Receivables Turnover Chart

Tung Ho Steel Enterprise 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 17.55 16.18 16.13 15.93 19.07

Tung Ho Steel Enterprise 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 4.84 4.43 4.94 4.74 5.13

TPE:2006 vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Tung Ho Steel Enterprise'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.


Tung Ho Steel Enterprise Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Tung Ho Steel Enterprise's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tung Ho Steel Enterprise's Receivables Turnover falls into.


TPE:2006
88GF Score
Tung Ho Steel Enterprise Corp TPE:2006
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tung Ho Steel Enterprise Receivables Turnover Calculation

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

Tung Ho Steel Enterprise'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 )
=57855.435 / ((3361.617 + 2706.246) / 2 )
=57855.435 / 3033.9315
=19.07

Tung Ho Steel Enterprise'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 )
=13831.881 / ((2689.199 + 2706.246) / 2 )
=13831.881 / 2697.7225
=5.13

* 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 5.13 mean?
Tung Ho Steel Enterprise (TPE:2006) has a Receivables Turnover of 5.13 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 Tung Ho Steel Enterprise and its competitors. According to the industry distribution chart, Tung Ho Steel Enterprise ranks #100 out of 605 companies in the Steel industry, placing it in the top 16.5%.
Is Tung Ho Steel Enterprise's Receivables Turnover too high?
Tung Ho Steel Enterprise's current Receivables Turnover is 5.13. The Steel industry median Receivables Turnover is 7.13. Tung Ho Steel Enterprise's value of 5.13 is 28.1% below this industry median. Based on the distribution chart, Tung Ho Steel Enterprise ranks #100 out of 605 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tung Ho Steel Enterprise has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tung Ho Steel Enterprise's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Tung Ho Steel Enterprise ranks #100 out of 605 companies for Receivables Turnover. This places Tung Ho Steel Enterprise in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.13. Tung Ho Steel Enterprise's value of 5.13 is 28.1% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.13, based on 605 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. Tung Ho Steel Enterprise's current Receivables Turnover of 5.13 is 28.1% 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 Tung Ho Steel Enterprise and its competitors. For the Steel industry, the median Receivables Turnover is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Ho Steel Enterprise's current Receivables Turnover is 5.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Ho Steel Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Tung Ho Steel Enterprise (TPE:2006) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$64.09, compared to a current price of NT$71.50 — trading 11.6% above its estimated fair value. The current Receivables Turnover is 5.13 and 28.1% below the Steel industry median of 7.13. Tung Ho Steel Enterprise's overall GF Score™ is 88/100 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 Tung Ho Steel Enterprise (TPE:2006), the current Receivables Turnover is 5.13 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 Tung Ho Steel Enterprise (TPE:2006) Overvalued in 2026?

Based on GuruFocus' analysis, Tung Ho Steel Enterprise stock appears to be overvalued. The current stock price of NT$71.50 is trading 11.6% above its estimated GF Value™ of NT$64.09. GuruFocus considers Tung Ho Steel Enterprise to be Modestly Overvalued.

Key valuation signals for TPE:2006:

  • Receivables Turnover: 5.13
  • GF Value™: NT$64.09 vs. price of NT$71.50 (11.6% above fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 28.1% below the Steel median (#100 of 605)

No single metric tells the full story. See the TPE:2006 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tung Ho Steel Enterprise Business Description

Address Chang-an East Road, 6th Floor, No. 9, Section 1, Taipei, TWN, 104
Tung Ho Steel Enterprise Corp manufactures and sells Re-Bar, section, and plate. It processes, and sells reinforcing bars, flat iron, angle iron, wire rod, and other steel products; manufactures, processes, and sells structural steel, alloy steel, tool steel, high carbon steel, and other special steels; ship dismantling; used ship sales. Its segments include Steel segment including the Taipei headquarters, Taoyuan processing center, Taoyuan plant, Taichung port logistics center, Miaoli Plant, Kaohsiung plant and THSVC, engaged in the manufacture and sale of steel products; and Steel Structure segment including Tung Kang Steel Structure Corp, Tung Kang Engineering & Construction Corp, engaged in steel structure processing, steel structure engineering and civil construction engineering.
88GF Score

Get the complete analysis for TPE:2006

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

NT$71.50
Price
NT$64.09
GF Value