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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. Gold Circuit Electronics's Revenue for the
three
months ended in Mar. 2026 was NT$19,313 Mil. Gold Circuit Electronics's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$27,636 Mil.
Hence, Gold Circuit Electronics's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.70.
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.
Gold Circuit Electronics Receivables Turnover Related Terms
Gold Circuit Electronics Receivables Turnover Historical Data
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The historical data trend for Gold Circuit 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:2368 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Gold Circuit 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.
Gold Circuit Electronics Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Gold Circuit Electronics's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Gold Circuit 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.
Gold Circuit Electronics (TPE:2368) has a Receivables Turnover of 0.70 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 Gold Circuit Electronics and its competitors. According to the industry distribution chart, Gold Circuit Electronics ranks #2010 out of 2469 companies in the Hardware industry, placing it in the top 81.4%.
Is Gold Circuit Electronics' Receivables Turnover too high?
Gold Circuit Electronics' current Receivables Turnover is 0.70. The Hardware industry median Receivables Turnover is 4.89. Gold Circuit Electronics' value of 0.70 is 85.7% below this industry median. Based on the distribution chart, Gold Circuit Electronics ranks #2010 out of 2469 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Gold Circuit Electronics has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Circuit Electronics' Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Gold Circuit Electronics ranks #2010 out of 2469 companies for Receivables Turnover. This places Gold Circuit Electronics in the lower half of its industry. The industry median Receivables Turnover is 4.89. Gold Circuit Electronics' value of 0.70 is 85.7% 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 2,469 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. Gold Circuit Electronics's current Receivables Turnover of 0.70 is 85.7% 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 Gold Circuit Electronics 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. Gold Circuit Electronics's current Receivables Turnover is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Circuit Electronics stock overvalued right now?
Based on GuruFocus' analysis, Gold Circuit Electronics (TPE:2368) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$520.16, compared to a current price of NT$729.00 — trading 40.1% above its estimated fair value. The current Receivables Turnover is 0.70 and 85.7% below the Hardware industry median of 4.89. Gold Circuit Electronics' overall GF Score™ is 81/100 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 Gold Circuit Electronics (TPE:2368), the current Receivables Turnover is 0.70 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 Gold Circuit Electronics (TPE:2368) Overvalued in 2026?
Based on GuruFocus' analysis, Gold Circuit Electronics stock appears to be overvalued.
The current stock price of NT$729.00 is trading 40.1% above its estimated GF Value™ of NT$520.16.
GuruFocus considers Gold Circuit Electronics to be Significantly Overvalued.
Key valuation signals for TPE:2368:
Receivables Turnover: 0.70
GF Value™: NT$520.16 vs. price of NT$729.00 (40.1% above fair value)
Industry Position: 85.7% below the Hardware median (#2010 of 2469)
No single metric tells the full story. See the TPE:2368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gold Circuit Electronics Ltd manufactures, processes and sells printed circuit boards for various applications. Its products are applied in notebooks, handheld devices, telecommunications, networking, and server & storage fields, among others. The company's revenue was generated from the sale of electronic products, such as printed circuit boards.
81GF Score
Get the complete analysis for TPE:2368
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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