Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Everspring Industry Co's Revenue for the
three
months ended in Dec. 2025 was NT$169.5 Mil. Everspring Industry Co's average Accounts Receivable for the
three
months ended in Dec. 2025 was NT$87.4 Mil.
Hence, Everspring Industry Co's Receivables Turnover for the
three
months ended in Dec. 2025 was 1.94.
Everspring Industry Co (TPE:2390) 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.
Everspring Industry Co Receivables Turnover Related Terms
Everspring Industry Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Everspring Industry 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.
TPE:2390 vs ALLE, MSA, ADT: Receivables Turnover Comparison
For the Security & Protection Services subindustry, Everspring Industry 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.
Everspring Industry Co Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Everspring Industry Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Everspring Industry Co'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.
Everspring Industry Co (TPE:2390) has a Receivables Turnover of 1.94 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 Everspring Industry Co and its competitors. According to the industry distribution chart, Everspring Industry Co ranks #467 out of 1062 companies in the Business Services industry, placing it in the top 44%.
Is Everspring Industry Co's Receivables Turnover too high?
Everspring Industry Co's current Receivables Turnover is 1.94. The Business Services industry median Receivables Turnover is 6.25. Everspring Industry Co's value of 1.94 is 69% below this industry median. Based on the distribution chart, Everspring Industry Co ranks #467 out of 1062 companies in the Business Services industry, which is above the industry midpoint. Overall, Everspring Industry Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Everspring Industry Co's Receivables Turnover compare to ALLE and MSA?
According to the Business Services industry distribution chart, Everspring Industry Co ranks #467 out of 1062 companies for Receivables Turnover. This puts Everspring Industry Co in the upper half of its industry. The industry median Receivables Turnover is 6.25. Everspring Industry Co's value of 1.94 is 69% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.25, based on 1,062 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. Everspring Industry Co's current Receivables Turnover of 1.94 is 69% 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 Everspring Industry Co and its competitors. For the Business Services industry, the median Receivables Turnover is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everspring Industry Co's current Receivables Turnover is 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everspring Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Everspring Industry Co (TPE:2390) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.30, compared to a current price of NT$10.30 — trading 28% below its estimated fair value. The current Receivables Turnover is 1.94 and 69% below the Business Services industry median of 6.25. Everspring Industry Co's overall GF Score™ is 73/100 with 1 warning sign 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 Everspring Industry Co (TPE:2390), the current Receivables Turnover is 1.94 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 Everspring Industry Co (TPE:2390) Overvalued in 2026?
Based on GuruFocus' analysis, Everspring Industry Co stock appears to be undervalued.
The current stock price of NT$10.30 is trading 28% below its estimated GF Value™ of NT$14.30.
GuruFocus considers Everspring Industry Co to be Modestly Undervalued.
Key valuation signals for TPE:2390:
Receivables Turnover: 1.94
GF Value™: NT$14.30 vs. price of NT$10.30 (28% below fair value)
Industry Position: 69% below the Business Services median (#467 of 1062)
No single metric tells the full story. See the TPE:2390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everspring Industry Co Ltd is a Taiwan-based company engaged in the production, manufacturing, reprocessing and trading of burglar alarm and other electronic products and parts. The company offers home and building solutions that cover products such as control panel, alarm system, automation, system, and other related products. Its reportable segments are Intelligent security control and the Security service segment. Geographically, the company derives its key revenue from Taiwan and the rest from China, and other regions.
73GF Score
Get the complete analysis for TPE:2390
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2390 has been successfully added to your 
