Ta Chen Stainless Pipe Co (TPE:2027) Receivables Turnover : 2.67 (As of Mar. 2025)

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What is Ta Chen Stainless Pipe Co Receivables Turnover?

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. Ta Chen Stainless Pipe Co's Revenue for the three months ended in Mar. 2025 was NT$26,085 Mil. Ta Chen Stainless Pipe Co's average Accounts Receivable for the three months ended in Mar. 2025 was NT$9,773 Mil. Hence, Ta Chen Stainless Pipe Co's Receivables Turnover for the three months ended in Mar. 2025 was 2.67.

Ta Chen Stainless Pipe Co Receivables Turnover Historical Data

The historical data trend for Ta Chen Stainless Pipe 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.

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Ta Chen Stainless Pipe Co Receivables Turnover Chart

Ta Chen Stainless Pipe Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

10.65

14.56

14.89

13.04

11.53

Ta Chen Stainless Pipe Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															2.79	2.56	2.35	2.50	2.67

Competitive Comparison of Ta Chen Stainless Pipe Co's Receivables Turnover

For the Steel subindustry, Ta Chen Stainless Pipe 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.

Ta Chen Stainless Pipe Co's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ta Chen Stainless Pipe Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ta Chen Stainless Pipe Co's Receivables Turnover falls into.

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Ta Chen Stainless Pipe Co Receivables Turnover Calculation

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

Ta Chen Stainless Pipe Co's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	90398.484	/ (	(7466.965	+	8212.53)	/	2 )
=	90398.484	/	7839.7475
=	11.53

Ta Chen Stainless Pipe Co's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	26085.39	/ (	(8212.53	+	11333.423)	/	2 )
=	26085.39	/	9772.9765
=	2.67

Ta Chen Stainless Pipe Co (TPE:2027) 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.

Ta Chen Stainless Pipe Co Receivables Turnover Related Terms

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Ta Chen Stainless Pipe Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ta Chen Stainless Pipe Co Ltd (TPE:2027) » Definitions » Receivables Turnover

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Address

No.125 Hsin-Tien 2nd Street, Hsin-Tien, Jeng-Teh, Tainan, TWN

Website

https://www.tachen.com.tw

Ta Chen Stainless Pipe Co Ltd is a Taiwan-based company that is primarily engaged in manufacturing and distributing stainless steel, fasteners, steel strips, aluminum and nickel alloy coils, sheets, plates, long products, tubes, and PVFs. The company generates most of its sales from stainless steel products and fasteners. The company particularly specializes in manufacturing stainless tubes and its accessories, which are used in the petrochemical and food industries. Geographically, the company generates almost all of its revenue from the American market, where the company distributes its products through its warehouses in Los Angeles, Chicago, Houston, Atlanta, Florida, Philadelphia, Seattle, and Cleveland.

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