Lu Hai Holding (TPE:2115) Receivables Turnover: 1.19 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2115 Lu Hai Holding Corp TPE:2115
77 GF Score
Price NT$21.70
GF Value NT$30.40
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Lu Hai Holding Receivables Turnover?

Lu Hai Holding TPE:2115 -0.69% 77 Receivables Turnover is 1.19 as of Dec. 2025. GuruFocus rates TPE:2115 with a GF Score™ of 77/100 and a GF Value™ of NT$30.40 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Lu Hai Holding ranks worse than 71.1% 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. Lu Hai Holding's Revenue for the three months ended in Dec. 2025 was NT$733 Mil. Lu Hai Holding's average Accounts Receivable for the three months ended in Dec. 2025 was NT$617 Mil. Hence, Lu Hai Holding's Receivables Turnover for the three months ended in Dec. 2025 was 1.19.


Lu Hai Holding  (TPE:2115) 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.


Lu Hai Holding Receivables Turnover Related Terms


Lu Hai Holding Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Lu Hai Holding'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.

Lu Hai Holding Receivables Turnover Chart

Lu Hai Holding 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 4.68 4.35 3.93 4.57 4.35

Lu Hai Holding 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 1.14 1.10 1.10 1.16 1.19

TPE:2115 vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, Lu Hai Holding'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.


Lu Hai Holding Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lu Hai Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Lu Hai Holding's Receivables Turnover falls into.


TPE:2115
77GF Score
Lu Hai Holding Corp TPE:2115
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lu Hai Holding Receivables Turnover Calculation

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

Lu Hai Holding'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 )
=2978.759 / ((716.937 + 651.869) / 2 )
=2978.759 / 684.403
=4.35

Lu Hai Holding'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 )
=732.809 / ((582.952 + 651.869) / 2 )
=732.809 / 617.4105
=1.19

* 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 1.19 mean?
Lu Hai Holding (TPE:2115) has a Receivables Turnover of 1.19 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 Lu Hai Holding and its competitors. According to the industry distribution chart, Lu Hai Holding ranks #935 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 71.1%.
Is Lu Hai Holding's Receivables Turnover too high?
Lu Hai Holding's current Receivables Turnover is 1.19. The Vehicles & Parts industry median Receivables Turnover is 5.99. Lu Hai Holding's value of 1.19 is 80.1% below this industry median. Based on the distribution chart, Lu Hai Holding ranks #935 out of 1315 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Lu Hai Holding has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lu Hai Holding's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Lu Hai Holding ranks #935 out of 1315 companies for Receivables Turnover. This places Lu Hai Holding in the lower half of its industry. The industry median Receivables Turnover is 5.99. Lu Hai Holding's value of 1.19 is 80.1% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,315 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. Lu Hai Holding's current Receivables Turnover of 1.19 is 80.1% 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 Lu Hai Holding and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lu Hai Holding's current Receivables Turnover is 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lu Hai Holding stock overvalued right now?
Based on GuruFocus' analysis, Lu Hai Holding (TPE:2115) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.40, compared to a current price of NT$21.70 — trading 28.6% below its estimated fair value. The current Receivables Turnover is 1.19 and 80.1% below the Vehicles & Parts industry median of 5.99. Lu Hai Holding's overall GF Score™ is 77/100 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 Lu Hai Holding (TPE:2115), the current Receivables Turnover is 1.19 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 Lu Hai Holding (TPE:2115) Overvalued in 2026?

Based on GuruFocus' analysis, Lu Hai Holding stock appears to be undervalued. The current stock price of NT$21.70 is trading 28.6% below its estimated GF Value™ of NT$30.40. GuruFocus considers Lu Hai Holding to be Modestly Undervalued.

Key valuation signals for TPE:2115:

  • Receivables Turnover: 1.19
  • GF Value™: NT$30.40 vs. price of NT$21.70 (28.6% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 80.1% below the Vehicles & Parts median (#935 of 1315)

No single metric tells the full story. See the TPE:2115 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lu Hai Holding Business Description

Address No. 64, Shing-Kong 5th Road, Tien-Chung Industrial District, Tien-Chung, Chang-Hua, TWN
Lu Hai Holding Corp operates in the auto parts industry. The company is engaged in the production, processing, and sale of tire valves and accessories. The company serves the tire, automobile, truck, and agricultural vehicles industry. Geographically, the company operates in China, Indonesia, and Other regions. The company derives maximum revenue from China.
77GF Score

Get the complete analysis for TPE:2115

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

NT$21.70
Price
NT$30.40
GF Value