Microtek International (TPE:2305) Receivables Turnover: 2.54 (As of Mar. 2026)

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TPE:2305 Microtek International Inc TPE:2305
63 GF Score
Price NT$30.10
GF Value NT$22.05
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Microtek International Receivables Turnover?

Microtek International TPE:2305 +9.26% 63 Receivables Turnover is 2.54 as of Mar. 2026. GuruFocus rates TPE:2305 with a GF Score™ of 63/100 and a GF Value™ of NT$22.05 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,468 Hardware companies, Microtek International ranks better than 87.32% 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. Microtek International's Revenue for the three months ended in Mar. 2026 was NT$246.9 Mil. Microtek International's average Accounts Receivable for the three months ended in Mar. 2026 was NT$97.4 Mil. Hence, Microtek International's Receivables Turnover for the three months ended in Mar. 2026 was 2.54.


Microtek International  (TPE:2305) 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.


Microtek International Receivables Turnover Related Terms


Microtek International Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Microtek International'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.

Microtek International Receivables Turnover Chart

Microtek International 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 10.49 10.84 9.52 9.54 9.95

Microtek International 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 2.14 2.11 2.09 2.87 2.54

TPE:2305 vs DELL, ANET, SNDK: Receivables Turnover Comparison

For the Computer Hardware subindustry, Microtek International'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.


Microtek International Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Microtek International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Microtek International's Receivables Turnover falls into.


TPE:2305
63GF Score
Microtek International Inc TPE:2305
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Microtek International Receivables Turnover Calculation

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

Microtek International'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 )
=746.385 / ((72.116 + 77.949) / 2 )
=746.385 / 75.0325
=9.95

Microtek International'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 )
=246.934 / ((77.949 + 116.861) / 2 )
=246.934 / 97.405
=2.54

* 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 2.54 mean?
Microtek International (TPE:2305) has a Receivables Turnover of 2.54 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 Microtek International and its competitors. According to the industry distribution chart, Microtek International ranks #313 out of 2468 companies in the Hardware industry, placing it in the top 12.7%.
Is Microtek International's Receivables Turnover too high?
Microtek International's current Receivables Turnover is 2.54. The Hardware industry median Receivables Turnover is 4.91. Microtek International's value of 2.54 is 48.2% below this industry median. Based on the distribution chart, Microtek International ranks #313 out of 2468 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Microtek International has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microtek International's Receivables Turnover compare to DELL and ANET?
According to the Hardware industry distribution chart, Microtek International ranks #313 out of 2468 companies for Receivables Turnover. This places Microtek International in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.91. Microtek International's value of 2.54 is 48.2% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.91, based on 2,468 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. Microtek International's current Receivables Turnover of 2.54 is 48.2% 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 Microtek International and its competitors. For the Hardware industry, the median Receivables Turnover is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microtek International's current Receivables Turnover is 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microtek International stock overvalued right now?
Based on GuruFocus' analysis, Microtek International (TPE:2305) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$22.05, compared to a current price of NT$30.10 — trading 36.5% above its estimated fair value. The current Receivables Turnover is 2.54 and 48.2% below the Hardware industry median of 4.91. Microtek International's overall GF Score™ is 63/100 with 1 warning sign 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 Microtek International (TPE:2305), the current Receivables Turnover is 2.54 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 Microtek International (TPE:2305) Overvalued in 2026?

Based on GuruFocus' analysis, Microtek International stock appears to be overvalued. The current stock price of NT$30.10 is trading 36.5% above its estimated GF Value™ of NT$22.05. GuruFocus considers Microtek International to be Significantly Overvalued.

Key valuation signals for TPE:2305:

  • Receivables Turnover: 2.54
  • GF Value™: NT$22.05 vs. price of NT$30.10 (36.5% above fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 48.2% below the Hardware median (#313 of 2468)

No single metric tells the full story. See the TPE:2305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microtek International Business Description

Address No.6 Industry East Road 3, Hsinchu Science Park, Hsinchu, TWN
Microtek International Inc is engaged in the design, manufacture, and sale of smart scanners, related computer information peripherals, and optical fiber engineering testing instruments. The company has two reporting departments: the image scanner division and the optoelectronics division. The image scanner division is engaged in the design, manufacture, and sale of digital video input/output hardware and software equipment, while the optoelectronics division is engaged in the research, manufacture, and sale of optical source devices, light instruments, and light source manufacturing systems. It derives revenue from the optoelectronics division. Geographically, it operates in China and Taiwan, with the majority of revenue deriving from China.
63GF Score

Get the complete analysis for TPE:2305

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

NT$30.10
Price
NT$22.05
GF Value