Ta Chen Stainless Pipe Co (TPE:2027) Receivables Turnover: 3.04 (As of Mar. 2026)

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TPE:2027 Ta Chen Stainless Pipe Co Ltd TPE:2027
78 GF Score
Price NT$44.45
GF Value NT$41.65
Valuation Fairly Valued
! 2 Warning Signs
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What is Ta Chen Stainless Pipe Co Receivables Turnover?

Ta Chen Stainless Pipe Co TPE:2027 +2.89% 78 Receivables Turnover is 3.04 as of Mar. 2026. GuruFocus rates TPE:2027 with a GF Score™ of 78/100 and a GF Value™ of NT$41.65 (Fairly Valued). The stock has 2 warning signs investors should review. Among 606 Steel companies, Ta Chen Stainless Pipe Co ranks better than 67.66% 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. Ta Chen Stainless Pipe Co's Revenue for the three months ended in Mar. 2026 was NT$31,174 Mil. Ta Chen Stainless Pipe Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$10,238 Mil. Hence, Ta Chen Stainless Pipe Co's Receivables Turnover for the three months ended in Mar. 2026 was 3.04.


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


Ta Chen Stainless Pipe Co Receivables Turnover Historical Data

* Premium members only.

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.

Ta Chen Stainless Pipe Co Receivables Turnover Chart

Ta Chen Stainless Pipe 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 14.56 14.89 13.04 11.53 12.03

Ta Chen Stainless Pipe Co 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 2.67 2.44 2.62 2.58 3.04

TPE:2027 vs NUE, STLD, RS: Receivables Turnover Comparison

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 Receivables Turnover vs 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.


TPE:2027
78GF Score
Ta Chen Stainless Pipe Co Ltd TPE:2027
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 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 )
=101814.599 / ((8212.53 + 8710.501) / 2 )
=101814.599 / 8461.5155
=12.03

Ta Chen Stainless Pipe Co'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 )
=31174.326 / ((8710.501 + 11766.053) / 2 )
=31174.326 / 10238.277
=3.04

* 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 3.04 mean?
Ta Chen Stainless Pipe Co (TPE:2027) has a Receivables Turnover of 3.04 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 Ta Chen Stainless Pipe Co and its competitors. According to the industry distribution chart, Ta Chen Stainless Pipe Co ranks #196 out of 606 companies in the Steel industry, placing it in the top 32.3%.
Is Ta Chen Stainless Pipe Co's Receivables Turnover too high?
Ta Chen Stainless Pipe Co's current Receivables Turnover is 3.04. The Steel industry median Receivables Turnover is 7.11. Ta Chen Stainless Pipe Co's value of 3.04 is 57.2% below this industry median. Based on the distribution chart, Ta Chen Stainless Pipe Co ranks #196 out of 606 companies in the Steel industry, which is above the industry midpoint. Overall, Ta Chen Stainless Pipe Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ta Chen Stainless Pipe Co's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Ta Chen Stainless Pipe Co ranks #196 out of 606 companies for Receivables Turnover. This puts Ta Chen Stainless Pipe Co in the upper half of its industry. The industry median Receivables Turnover is 7.11. Ta Chen Stainless Pipe Co's value of 3.04 is 57.2% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.11, based on 606 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. Ta Chen Stainless Pipe Co's current Receivables Turnover of 3.04 is 57.2% 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 Ta Chen Stainless Pipe Co and its competitors. For the Steel industry, the median Receivables Turnover is 7.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Chen Stainless Pipe Co's current Receivables Turnover is 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Chen Stainless Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Ta Chen Stainless Pipe Co (TPE:2027) is currently considered Fairly Valued. The stock's GF Value™ is NT$41.65, compared to a current price of NT$44.45 — trading 6.7% above its estimated fair value. The current Receivables Turnover is 3.04 and 57.2% below the Steel industry median of 7.11. Ta Chen Stainless Pipe Co's overall GF Score™ is 78/100 with 2 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 Ta Chen Stainless Pipe Co (TPE:2027), the current Receivables Turnover is 3.04 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 Ta Chen Stainless Pipe Co (TPE:2027) Overvalued in 2026?

Based on GuruFocus' analysis, Ta Chen Stainless Pipe Co stock appears to be overvalued. The current stock price of NT$44.45 is trading 6.7% above its estimated GF Value™ of NT$41.65. GuruFocus considers Ta Chen Stainless Pipe Co to be Fairly Valued.

Key valuation signals for TPE:2027:

  • Receivables Turnover: 3.04
  • GF Value™: NT$41.65 vs. price of NT$44.45 (6.7% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 57.2% below the Steel median (#196 of 606)

No single metric tells the full story. See the TPE:2027 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta Chen Stainless Pipe Co Business Description

Address Hsin-Tien 2nd Street, No. 125, Hsin-Tien, Jeng-Teh, Tainan, TWN
Ta Chen Stainless Pipe Co Ltd is engaged in the manufacturing, processing, and selling of stainless steel pipes and stainless steel pipe fittings, stainless steel plates, as well as the manufacturing and sale of venetian blinds. It is also engaged in the manufacturing and selling of aluminum products and the sale of screws and nuts. The Group's operating segments are: Stainless steel and aluminum, Aluminum manufacturing, Screws and nuts, and Curtain and decorations. The majority of its revenue is derived from the Stainless steel and aluminum segment, which offers stainless steel pipes, stainless steel pipe fittings, as well as stainless steel plates (rolls), bars, and aluminum products. Geographically, the Group generates maximum revenue from the USA, followed by Taiwan and other markets.
78GF Score

Get the complete analysis for TPE:2027

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

NT$44.45
Price
NT$41.65
GF Value