Iron Force Industrial Co (TPE:2228) Receivables Turnover: 0.95 (As of Dec. 2025)

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TPE:2228 Iron Force Industrial Co Ltd TPE:2228
89 GF Score
Price NT$79.70
GF Value NT$92.82
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Iron Force Industrial Co Receivables Turnover?

Iron Force Industrial Co TPE:2228 +0.25% 89 Receivables Turnover is 0.95 as of Dec. 2025. GuruFocus rates TPE:2228 with a GF Score™ of 89/100 and a GF Value™ of NT$92.82 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Iron Force Industrial Co ranks worse than 78.1% 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. Iron Force Industrial Co's Revenue for the three months ended in Dec. 2025 was NT$1,189 Mil. Iron Force Industrial Co's average Accounts Receivable for the three months ended in Dec. 2025 was NT$1,247 Mil. Hence, Iron Force Industrial Co's Receivables Turnover for the three months ended in Dec. 2025 was 0.95.


Iron Force Industrial Co  (TPE:2228) 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.


Iron Force Industrial Co Receivables Turnover Related Terms


Iron Force Industrial Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Iron Force Industrial 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.

Iron Force Industrial Co Receivables Turnover Chart

Iron Force Industrial 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 4.15 4.50 4.14 4.01 3.94

Iron Force Industrial Co 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 0.97 0.97 0.97 1.02 0.95

TPE:2228 vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, Iron Force Industrial 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.


Iron Force Industrial Co Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Iron Force Industrial Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Iron Force Industrial Co's Receivables Turnover falls into.


TPE:2228
89GF Score
Iron Force Industrial Co Ltd TPE:2228
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Iron Force Industrial Co Receivables Turnover Calculation

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

Iron Force Industrial 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 )
=4954.066 / ((1272.931 + 1243.819) / 2 )
=4954.066 / 1258.375
=3.94

Iron Force Industrial Co'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 )
=1188.768 / ((1249.317 + 1243.819) / 2 )
=1188.768 / 1246.568
=0.95

* 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 0.95 mean?
Iron Force Industrial Co (TPE:2228) has a Receivables Turnover of 0.95 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 Iron Force Industrial Co and its competitors. According to the industry distribution chart, Iron Force Industrial Co ranks #1027 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 78.1%.
Is Iron Force Industrial Co's Receivables Turnover too high?
Iron Force Industrial Co's current Receivables Turnover is 0.95. The Vehicles & Parts industry median Receivables Turnover is 5.99. Iron Force Industrial Co's value of 0.95 is 84.1% below this industry median. Based on the distribution chart, Iron Force Industrial Co ranks #1027 out of 1315 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Iron Force Industrial Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iron Force Industrial Co's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Iron Force Industrial Co ranks #1027 out of 1315 companies for Receivables Turnover. This places Iron Force Industrial Co in the lower half of its industry. The industry median Receivables Turnover is 5.99. Iron Force Industrial Co's value of 0.95 is 84.1% 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. Iron Force Industrial Co's current Receivables Turnover of 0.95 is 84.1% 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 Iron Force Industrial Co 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. Iron Force Industrial Co's current Receivables Turnover is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Force Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Iron Force Industrial Co (TPE:2228) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$92.82, compared to a current price of NT$79.70 — trading 14.1% below its estimated fair value. The current Receivables Turnover is 0.95 and 84.1% below the Vehicles & Parts industry median of 5.99. Iron Force Industrial Co's overall GF Score™ is 89/100 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 Iron Force Industrial Co (TPE:2228), the current Receivables Turnover is 0.95 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 Iron Force Industrial Co (TPE:2228) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Force Industrial Co stock appears to be undervalued. The current stock price of NT$79.70 is trading 14.1% below its estimated GF Value™ of NT$92.82. GuruFocus considers Iron Force Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:2228:

  • Receivables Turnover: 0.95
  • GF Value™: NT$92.82 vs. price of NT$79.70 (14.1% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 84.1% below the Vehicles & Parts median (#1027 of 1315)

No single metric tells the full story. See the TPE:2228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iron Force Industrial Co Business Description

Address Xintai 5th Road, Section 1, 19 Floor, No. 98, Xizhi District, New Taipei City, TWN, 221
Iron Force Industrial Co Ltd is a Taiwan-based company mainly engaged in manufacturing and trading airbag inflators for automotive safety systems, high-precision metal tubes for seatbelt retractor/pretensioner systems, and trading display fixtures and other metal parts. The majority of its revenue is generated from the manufacturing and sales of automotive safety components. Geographically, the company generates maximum revenue from Mainland China and the rest from Taiwan and Europe.
89GF Score

Get the complete analysis for TPE:2228

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

NT$79.70
Price
NT$92.82
GF Value