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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. Winbond Electronics's Revenue for the
three
months ended in Mar. 2026 was NT$38,253 Mil. Winbond Electronics's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$19,042 Mil.
Hence, Winbond Electronics's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.01.
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.
Winbond Electronics Receivables Turnover Related Terms
Winbond Electronics Receivables Turnover Historical Data
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The historical data trend for Winbond Electronics'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:2344 vs NVDA, AVGO, MU: Receivables Turnover Comparison
For the Semiconductors subindustry, Winbond Electronics'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.
Winbond Electronics Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Winbond Electronics's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Winbond Electronics'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.
Winbond Electronics (TPE:2344) has a Receivables Turnover of 2.01 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 Winbond Electronics and its competitors. According to the industry distribution chart, Winbond Electronics ranks #363 out of 1017 companies in the Semiconductors industry, placing it in the top 35.7%.
Is Winbond Electronics' Receivables Turnover too high?
Winbond Electronics' current Receivables Turnover is 2.01. The Semiconductors industry median Receivables Turnover is 5.81. Winbond Electronics' value of 2.01 is 65.4% below this industry median. Based on the distribution chart, Winbond Electronics ranks #363 out of 1017 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Winbond Electronics has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Winbond Electronics' Receivables Turnover compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Winbond Electronics ranks #363 out of 1017 companies for Receivables Turnover. This puts Winbond Electronics in the upper half of its industry. The industry median Receivables Turnover is 5.81. Winbond Electronics' value of 2.01 is 65.4% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.81, based on 1,017 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. Winbond Electronics's current Receivables Turnover of 2.01 is 65.4% 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 Winbond Electronics and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winbond Electronics's current Receivables Turnover is 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winbond Electronics stock overvalued right now?
Based on GuruFocus' analysis, Winbond Electronics (TPE:2344) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$49.23, compared to a current price of NT$154.50 — trading 213.8% above its estimated fair value. The current Receivables Turnover is 2.01 and 65.4% below the Semiconductors industry median of 5.81. Winbond Electronics' overall GF Score™ is 64/100 with 4 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 Winbond Electronics (TPE:2344), the current Receivables Turnover is 2.01 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 Winbond Electronics (TPE:2344) Overvalued in 2026?
Based on GuruFocus' analysis, Winbond Electronics stock appears to be overvalued.
The current stock price of NT$154.50 is trading 213.8% above its estimated GF Value™ of NT$49.23.
GuruFocus considers Winbond Electronics to be Significantly Overvalued.
Key valuation signals for TPE:2344:
Receivables Turnover: 2.01
GF Value™: NT$49.23 vs. price of NT$154.50 (213.8% above fair value)
Industry Position: 65.4% below the Semiconductors median (#363 of 1017)
No single metric tells the full story. See the TPE:2344 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Winbond Electronics Corp is engaged in the design, development, manufacture, and marketing of very large scale integration (VLSI) integrated circuits (ICs) used in a variety of microelectronic applications. In addition, it offers customised memory solutions like Mobile RAM and Specialty DRAM, and core storage flash memory products. The company's operating segments are Customized Memory Solution product, Flash Memory product, and Logic IC product. Maximum revenue is generated from the Flash Memory product segment, which engages mainly in the manufacturing, selling, researching, designing and after-sales service of Flash Memory product. Geographically, the company generates maximum revenue from Asia, followed by America, Europe, and Other regions.
64GF Score
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