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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. KYE Systems's Revenue for the
three
months ended in Dec. 2025 was NT$244.9 Mil. KYE Systems's average Accounts Receivable for the
three
months ended in Dec. 2025 was NT$115.7 Mil.
Hence, KYE Systems's Receivables Turnover for the
three
months ended in Dec. 2025 was 2.12.
KYE Systems (TPE:2365) 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.
KYE Systems Receivables Turnover Related Terms
KYE Systems Receivables Turnover Historical Data
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The historical data trend for KYE Systems'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:2365 vs DELL, ANET, SNDK: Receivables Turnover Comparison
For the Computer Hardware subindustry, KYE Systems'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.
KYE Systems Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, KYE Systems's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where KYE Systems'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.
KYE Systems (TPE:2365) has a Receivables Turnover of 2.12 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 KYE Systems and its competitors. According to the industry distribution chart, KYE Systems ranks #344 out of 2470 companies in the Hardware industry, placing it in the top 13.9%.
Is KYE Systems' Receivables Turnover too high?
KYE Systems' current Receivables Turnover is 2.12. The Hardware industry median Receivables Turnover is 4.89. KYE Systems' value of 2.12 is 56.6% below this industry median. Based on the distribution chart, KYE Systems ranks #344 out of 2470 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, KYE Systems has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KYE Systems' Receivables Turnover compare to DELL and ANET?
According to the Hardware industry distribution chart, KYE Systems ranks #344 out of 2470 companies for Receivables Turnover. This places KYE Systems in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.89. KYE Systems' value of 2.12 is 56.6% 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 4.89, based on 2,470 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. KYE Systems's current Receivables Turnover of 2.12 is 56.6% 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 KYE Systems and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KYE Systems's current Receivables Turnover is 2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KYE Systems stock overvalued right now?
Based on GuruFocus' analysis, KYE Systems (TPE:2365) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$35.38, compared to a current price of NT$30.20 — trading 14.6% below its estimated fair value. The current Receivables Turnover is 2.12 and 56.6% below the Hardware industry median of 4.89. KYE Systems' overall GF Score™ is 73/100 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 KYE Systems (TPE:2365), the current Receivables Turnover is 2.12 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 KYE Systems (TPE:2365) Overvalued in 2026?
Based on GuruFocus' analysis, KYE Systems stock appears to be undervalued.
The current stock price of NT$30.20 is trading 14.6% below its estimated GF Value™ of NT$35.38.
GuruFocus considers KYE Systems to be Modestly Undervalued.
Key valuation signals for TPE:2365:
Receivables Turnover: 2.12
GF Value™: NT$35.38 vs. price of NT$30.20 (14.6% below fair value)
Industry Position: 56.6% below the Hardware median (#344 of 2470)
No single metric tells the full story. See the TPE:2365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KYE Systems Corp is a Taiwan-based company mainly engaged in the manufacturing, processing and trading of computer peripheral products such as computer mice, keyboards, video image products such as network and security cameras, and consumer electronic products such as headphone speakers and game console peripherals. The operating segments of the company are Electronic Products and Others. The majority of revenue is derived from the Electronic Products segment. Geographically, the company operates in Asia, America, Europe and Taiwan. The maximum revenue is generated from America.
73GF Score
Get the complete analysis for TPE:2365
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