Micro-Star International Co (TPE:2377) Receivables Turnover: 1.89 (As of Dec. 2025)

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TPE:2377 Micro-Star International Co Ltd TPE:2377
86 GF Score
Price NT$139.00
GF Value NT$203.32
Valuation Possible Value Trap
! 7 Warning Signs
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What is Micro-Star International Co Receivables Turnover?

Micro-Star International Co TPE:2377 -5.12% 86 Receivables Turnover is 1.89 as of Dec. 2025. GuruFocus rates TPE:2377 with a GF Score™ of 86/100 and a GF Value™ of NT$203.32 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,470 Hardware companies, Micro-Star International Co ranks better than 80.61% 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. Micro-Star International Co's Revenue for the three months ended in Dec. 2025 was NT$57,608 Mil. Micro-Star International Co's average Accounts Receivable for the three months ended in Dec. 2025 was NT$30,490 Mil. Hence, Micro-Star International Co's Receivables Turnover for the three months ended in Dec. 2025 was 1.89.


Micro-Star International Co  (TPE:2377) 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.


Micro-Star International Co Receivables Turnover Related Terms


Micro-Star International Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Micro-Star International Co'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.

Micro-Star International Co Receivables Turnover Chart

Micro-Star International Co 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 7.84 7.45 9.39 9.09 9.19

Micro-Star International Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.03 1.98 1.97 1.75 1.89

TPE:2377 vs DELL, ANET, SNDK: Receivables Turnover Comparison

For the Computer Hardware subindustry, Micro-Star International Co'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.


Micro-Star International Co Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Micro-Star International Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Micro-Star International Co's Receivables Turnover falls into.


TPE:2377
86GF Score
Micro-Star International Co Ltd TPE:2377
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Micro-Star International Co Receivables Turnover Calculation

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

Micro-Star International Co'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 )
=230196.431 / ((23360.372 + 26756.654) / 2 )
=230196.431 / 25058.513
=9.19

Micro-Star International Co's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=57608.253 / ((34222.628 + 26756.654) / 2 )
=57608.253 / 30489.641
=1.89

* 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 1.89 mean?
Micro-Star International Co (TPE:2377) has a Receivables Turnover of 1.89 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 Micro-Star International Co and its competitors. According to the industry distribution chart, Micro-Star International Co ranks #479 out of 2470 companies in the Hardware industry, placing it in the top 19.4%.
Is Micro-Star International Co's Receivables Turnover too high?
Micro-Star International Co's current Receivables Turnover is 1.89. The Hardware industry median Receivables Turnover is 4.89. Micro-Star International Co's value of 1.89 is 61.3% below this industry median. Based on the distribution chart, Micro-Star International Co ranks #479 out of 2470 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Micro-Star International Co has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Micro-Star International Co's Receivables Turnover compare to DELL and ANET?
According to the Hardware industry distribution chart, Micro-Star International Co ranks #479 out of 2470 companies for Receivables Turnover. This places Micro-Star International Co in the top 19% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.89. Micro-Star International Co's value of 1.89 is 61.3% 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. Micro-Star International Co's current Receivables Turnover of 1.89 is 61.3% 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 Micro-Star International Co 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. Micro-Star International Co's current Receivables Turnover is 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro-Star International Co stock overvalued right now?
Based on GuruFocus' analysis, Micro-Star International Co (TPE:2377) is currently considered Possible Value Trap. The stock's GF Value™ is NT$203.32, compared to a current price of NT$139.00 — trading 31.6% below its estimated fair value. The current Receivables Turnover is 1.89 and 61.3% below the Hardware industry median of 4.89. Micro-Star International Co's overall GF Score™ is 86/100 with 7 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 Micro-Star International Co (TPE:2377), the current Receivables Turnover is 1.89 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 Micro-Star International Co (TPE:2377) Overvalued in 2026?

Based on GuruFocus' analysis, Micro-Star International Co stock appears to be undervalued. The current stock price of NT$139.00 is trading 31.6% below its estimated GF Value™ of NT$203.32. GuruFocus considers Micro-Star International Co to be Possible Value Trap.

Key valuation signals for TPE:2377:

  • Receivables Turnover: 1.89
  • GF Value™: NT$203.32 vs. price of NT$139.00 (31.6% below fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 61.3% below the Hardware median (#479 of 2470)

No single metric tells the full story. See the TPE:2377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro-Star International Co Business Description

Address No. 69, Lide Street, Zhonghe District, New Taipei, TWN, 235
Micro-Star International Co Ltd is a manufacturer and distributor of computer hardware products, particularly gaming laptops and hardware. The company has single reportable segment which is Computer and IT segment. Its other products include laptops, motherboards, graphics cards, all-in-one PCs, mobile workstations, barebone computers, servers, multimedia peripherals to vehicle infotainment solutions, smart cleaning robots, and Wi-Fi cameras. Geographically, it generates revenue from Asia, Europe, America and others.
86GF Score

Get the complete analysis for TPE:2377

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

NT$139.00
Price
NT$203.32
GF Value