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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. CMC Magnetics's Revenue for the
three
months ended in Dec. 2025 was NT$1,917 Mil. CMC Magnetics's average Accounts Receivable for the
three
months ended in Dec. 2025 was NT$1,318 Mil.
Hence, CMC Magnetics's Receivables Turnover for the
three
months ended in Dec. 2025 was 1.45.
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.
CMC Magnetics Receivables Turnover Related Terms
CMC Magnetics Receivables Turnover Historical Data
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The historical data trend for CMC Magnetics'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:2323 vs DELL, ANET, SNDK: Receivables Turnover Comparison
For the Computer Hardware subindustry, CMC Magnetics'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.
CMC Magnetics Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, CMC Magnetics's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where CMC Magnetics'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.
CMC Magnetics (TPE:2323) has a Receivables Turnover of 1.45 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 CMC Magnetics and its competitors. According to the industry distribution chart, CMC Magnetics ranks #1000 out of 2469 companies in the Hardware industry, placing it in the top 40.5%.
Is CMC Magnetics' Receivables Turnover too high?
CMC Magnetics' current Receivables Turnover is 1.45. The Hardware industry median Receivables Turnover is 4.90. CMC Magnetics' value of 1.45 is 70.4% below this industry median. Based on the distribution chart, CMC Magnetics ranks #1000 out of 2469 companies in the Hardware industry, which is above the industry midpoint. Overall, CMC Magnetics has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CMC Magnetics' Receivables Turnover compare to DELL and ANET?
According to the Hardware industry distribution chart, CMC Magnetics ranks #1000 out of 2469 companies for Receivables Turnover. This puts CMC Magnetics in the upper half of its industry. The industry median Receivables Turnover is 4.90. CMC Magnetics' value of 1.45 is 70.4% 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 4.90, based on 2,469 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. CMC Magnetics's current Receivables Turnover of 1.45 is 70.4% 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 CMC Magnetics and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC Magnetics's current Receivables Turnover is 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Magnetics stock overvalued right now?
Based on GuruFocus' analysis, CMC Magnetics (TPE:2323) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$10.83, compared to a current price of NT$9.38 — trading 13.4% below its estimated fair value. The current Receivables Turnover is 1.45 and 70.4% below the Hardware industry median of 4.90. CMC Magnetics' overall GF Score™ is 58/100 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 CMC Magnetics (TPE:2323), the current Receivables Turnover is 1.45 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 CMC Magnetics (TPE:2323) Overvalued in 2026?
Based on GuruFocus' analysis, CMC Magnetics stock appears to be undervalued.
The current stock price of NT$9.38 is trading 13.4% below its estimated GF Value™ of NT$10.83.
GuruFocus considers CMC Magnetics to be Modestly Undervalued.
Key valuation signals for TPE:2323:
Receivables Turnover: 1.45
GF Value™: NT$10.83 vs. price of NT$9.38 (13.4% below fair value)
Industry Position: 70.4% below the Hardware median (#1000 of 2469)
No single metric tells the full story. See the TPE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMC Magnetics Corp is mainly engaged in the manufacturing and sale of consumer electronic products, including optical discs, as well as the acquisition of film agency rights and the production and distribution of digital discs and Blu-ray discs for sales. Its products include M-disc, CMC Pro, HP CD, and data storage products. Its segments are: the Storage Media segment, which generates the maximum revenue and is engaged in the manufacturing and sale of consumer electronic products, including optical discs; the Other Optoelectronic segment, which manufactures and sells panels; the Investment segment, which invests in various businesses; and the Other Segment. Europe generates the maximum revenue for the Group.
58GF Score
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