Chroma Ate (TPE:2360) Receivables Turnover: 1.06 (As of Mar. 2026)

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TPE:2360 Chroma Ate Inc TPE:2360
75 GF Score
Price NT$2,030.00
GF Value NT$683.48
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Chroma Ate Receivables Turnover?

Chroma Ate TPE:2360 +2.78% 75 Receivables Turnover is 1.06 as of Mar. 2026. GuruFocus rates TPE:2360 with a GF Score™ of 75/100 and a GF Value™ of NT$683.48 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,469 Hardware companies, Chroma Ate ranks worse than 64.76% 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. Chroma Ate's Revenue for the three months ended in Mar. 2026 was NT$11,860 Mil. Chroma Ate's average Accounts Receivable for the three months ended in Mar. 2026 was NT$11,179 Mil. Hence, Chroma Ate's Receivables Turnover for the three months ended in Mar. 2026 was 1.06.


Chroma Ate  (TPE:2360) 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.


Chroma Ate Receivables Turnover Related Terms


Chroma Ate Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Chroma Ate'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.

Chroma Ate Receivables Turnover Chart

Chroma Ate 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 4.09 5.03 3.93 3.97 3.86

Chroma Ate 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 1.13 1.07 1.00 1.09 1.06

TPE:2360 vs COHR, KEYS, GRMN: Receivables Turnover Comparison

For the Scientific & Technical Instruments subindustry, Chroma Ate'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.


Chroma Ate Receivables Turnover vs Hardware Industry

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

* The bar in red indicates where Chroma Ate's Receivables Turnover falls into.


TPE:2360
75GF Score
Chroma Ate Inc TPE:2360
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Chroma Ate Receivables Turnover Calculation

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

Chroma Ate'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 )
=28310.935 / ((5837.375 + 8821.388) / 2 )
=28310.935 / 7329.3815
=3.86

Chroma Ate'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 )
=11859.669 / ((8821.388 + 13535.932) / 2 )
=11859.669 / 11178.66
=1.06

* 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 1.06 mean?
Chroma Ate (TPE:2360) has a Receivables Turnover of 1.06 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 Chroma Ate and its competitors. According to the industry distribution chart, Chroma Ate ranks #1599 out of 2469 companies in the Hardware industry, placing it in the top 64.8%.
Is Chroma Ate's Receivables Turnover too high?
Chroma Ate's current Receivables Turnover is 1.06. The Hardware industry median Receivables Turnover is 4.90. Chroma Ate's value of 1.06 is 78.4% below this industry median. Based on the distribution chart, Chroma Ate ranks #1599 out of 2469 companies in the Hardware industry, which is below the industry midpoint. Overall, Chroma Ate has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chroma Ate's Receivables Turnover compare to COHR and KEYS?
According to the Hardware industry distribution chart, Chroma Ate ranks #1599 out of 2469 companies for Receivables Turnover. This places Chroma Ate in the lower half of its industry. The industry median Receivables Turnover is 4.90. Chroma Ate's value of 1.06 is 78.4% 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. Chroma Ate's current Receivables Turnover of 1.06 is 78.4% 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 Chroma Ate 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. Chroma Ate's current Receivables Turnover is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chroma Ate stock overvalued right now?
Based on GuruFocus' analysis, Chroma Ate (TPE:2360) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$683.48, compared to a current price of NT$2,030.00 — trading 197% above its estimated fair value. The current Receivables Turnover is 1.06 and 78.4% below the Hardware industry median of 4.90. Chroma Ate's overall GF Score™ is 75/100 with 2 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 Chroma Ate (TPE:2360), the current Receivables Turnover is 1.06 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 Chroma Ate (TPE:2360) Overvalued in 2026?

Based on GuruFocus' analysis, Chroma Ate stock appears to be overvalued. The current stock price of NT$2,030.00 is trading 197% above its estimated GF Value™ of NT$683.48. GuruFocus considers Chroma Ate to be Significantly Overvalued.

Key valuation signals for TPE:2360:

  • Receivables Turnover: 1.06
  • GF Value™: NT$683.48 vs. price of NT$2,030.00 (197% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 78.4% below the Hardware median (#1599 of 2469)

No single metric tells the full story. See the TPE:2360 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chroma Ate Business Description

Address No. 88, Wenmao Road, Guishan District, Taoyuan, TWN
Chroma Ate Inc manufactures and sells automated testing systems, electronic testing instruments, signal generators, and power supplies. The reportable segments of the company are the Test Instrument Department, the Automatic Equipment Department, and Others. The company generates maximum revenue from the Test Instrument Department segment. The Corporation designs, assembles, calibrates, manufactures, sells, repairs, and maintains software/hardware for computers and peripherals, computerized automatic test systems, electronic test instruments, signal generators, power supplies, telecom power supplies, and others.
75GF Score

Get the complete analysis for TPE:2360

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

NT$2,030.00
Price
NT$683.48
GF Value