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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. Nantex Industry Co's Revenue for the
three
months ended in Mar. 2026 was NT$2,596 Mil. Nantex Industry Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$878 Mil.
Hence, Nantex Industry Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.96.
Nantex Industry Co (TPE:2108) 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.
Nantex Industry Co Receivables Turnover Related Terms
Nantex Industry Co Receivables Turnover Historical Data
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The historical data trend for Nantex Industry 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.
TPE:2108 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Nantex Industry 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.
Nantex Industry Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nantex Industry Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nantex Industry Co'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.
Nantex Industry Co (TPE:2108) has a Receivables Turnover of 2.96 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 Nantex Industry Co and its competitors. According to the industry distribution chart, Nantex Industry Co ranks #235 out of 1577 companies in the Chemicals industry, placing it in the top 14.9%.
Is Nantex Industry Co's Receivables Turnover too high?
Nantex Industry Co's current Receivables Turnover is 2.96. The Chemicals industry median Receivables Turnover is 5.60. Nantex Industry Co's value of 2.96 is 47.1% below this industry median. Based on the distribution chart, Nantex Industry Co ranks #235 out of 1577 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Nantex Industry Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nantex Industry Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nantex Industry Co ranks #235 out of 1577 companies for Receivables Turnover. This places Nantex Industry Co in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.60. Nantex Industry Co's value of 2.96 is 47.1% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.60, based on 1,577 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. Nantex Industry Co's current Receivables Turnover of 2.96 is 47.1% 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 Nantex Industry Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nantex Industry Co's current Receivables Turnover is 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nantex Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Nantex Industry Co (TPE:2108) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$33.57, compared to a current price of NT$28.30 — trading 15.7% below its estimated fair value. The current Receivables Turnover is 2.96 and 47.1% below the Chemicals industry median of 5.60. Nantex Industry Co's overall GF Score™ is 66/100 with 5 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 Nantex Industry Co (TPE:2108), the current Receivables Turnover is 2.96 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 Nantex Industry Co (TPE:2108) Overvalued in 2026?
Based on GuruFocus' analysis, Nantex Industry Co stock appears to be undervalued.
The current stock price of NT$28.30 is trading 15.7% below its estimated GF Value™ of NT$33.57.
GuruFocus considers Nantex Industry Co to be Modestly Undervalued.
Key valuation signals for TPE:2108:
Receivables Turnover: 2.96
GF Value™: NT$33.57 vs. price of NT$28.30 (15.7% below fair value)
Industry Position: 47.1% below the Chemicals median (#235 of 1577)
No single metric tells the full story. See the TPE:2108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nantex Industry Co Ltd is mainly engaged in the manufacture, processing, and sales of various types of latex, rubber, and related products, with both domestic and international sales. The Company is involved in the production and distribution of four product categories: NBR/SBR synthetic latex, acrylonitrile-butadiene rubber (NBR), carbon masterbatch, and thermoplastic elastomer (TPE). It operates in Taiwan, China, Thailand, Malaysia, and other countries, with the majority of its revenue generated from China.
66GF Score
Get the complete analysis for TPE:2108
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