Biostar Microtech International (TPE:2399) Receivables Turnover: 1.63 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TPE:2399 Biostar Microtech International Corp TPE:2399
51 GF Score
Price NT$37.75
GF Value NT$17.29
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Biostar Microtech International Receivables Turnover?

Biostar Microtech International TPE:2399 -2.71% 51 Receivables Turnover is 1.63 as of Dec. 2025. GuruFocus rates TPE:2399 with a GF Score™ of 51/100 and a GF Value™ of NT$17.29 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,470 Hardware companies, Biostar Microtech International ranks better than 82.43% 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. Biostar Microtech International's Revenue for the three months ended in Dec. 2025 was NT$318 Mil. Biostar Microtech International's average Accounts Receivable for the three months ended in Dec. 2025 was NT$195 Mil. Hence, Biostar Microtech International's Receivables Turnover for the three months ended in Dec. 2025 was 1.63.


Biostar Microtech International  (TPE:2399) 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.


Biostar Microtech International Receivables Turnover Related Terms


Biostar Microtech International Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Biostar Microtech International'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.

Biostar Microtech International Receivables Turnover Chart

Biostar Microtech International 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 22.40 17.77 16.97 10.31 8.31

Biostar Microtech International 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 1.51 2.19 2.04 2.21 1.63

TPE:2399 vs DELL, ANET, SNDK: Receivables Turnover Comparison

For the Computer Hardware subindustry, Biostar Microtech International'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.


Biostar Microtech International Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Biostar Microtech International's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Biostar Microtech International's Receivables Turnover falls into.


TPE:2399
51GF Score
Biostar Microtech International Corp TPE:2399
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Biostar Microtech International Receivables Turnover Calculation

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

Biostar Microtech International'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 )
=1734.165 / ((230.312 + 187.186) / 2 )
=1734.165 / 208.749
=8.31

Biostar Microtech International'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 )
=318.495 / ((202.459 + 187.186) / 2 )
=318.495 / 194.8225
=1.63

* 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 1.63 mean?
Biostar Microtech International (TPE:2399) has a Receivables Turnover of 1.63 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 Biostar Microtech International and its competitors. According to the industry distribution chart, Biostar Microtech International ranks #434 out of 2470 companies in the Hardware industry, placing it in the top 17.6%.
Is Biostar Microtech International's Receivables Turnover too high?
Biostar Microtech International's current Receivables Turnover is 1.63. The Hardware industry median Receivables Turnover is 4.89. Biostar Microtech International's value of 1.63 is 66.7% below this industry median. Based on the distribution chart, Biostar Microtech International ranks #434 out of 2470 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Biostar Microtech International has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Biostar Microtech International's Receivables Turnover compare to DELL and ANET?
According to the Hardware industry distribution chart, Biostar Microtech International ranks #434 out of 2470 companies for Receivables Turnover. This places Biostar Microtech International in the top 18% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.89. Biostar Microtech International's value of 1.63 is 66.7% 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 2,470 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. Biostar Microtech International's current Receivables Turnover of 1.63 is 66.7% 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 Biostar Microtech International 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. Biostar Microtech International's current Receivables Turnover is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biostar Microtech International stock overvalued right now?
Based on GuruFocus' analysis, Biostar Microtech International (TPE:2399) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.29, compared to a current price of NT$37.75 — trading 118.3% above its estimated fair value. The current Receivables Turnover is 1.63 and 66.7% below the Hardware industry median of 4.89. Biostar Microtech International's overall GF Score™ is 51/100 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 Biostar Microtech International (TPE:2399), the current Receivables Turnover is 1.63 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 Biostar Microtech International (TPE:2399) Overvalued in 2026?

Based on GuruFocus' analysis, Biostar Microtech International stock appears to be overvalued. The current stock price of NT$37.75 is trading 118.3% above its estimated GF Value™ of NT$17.29. GuruFocus considers Biostar Microtech International to be Significantly Overvalued.

Key valuation signals for TPE:2399:

  • Receivables Turnover: 1.63
  • GF Value™: NT$17.29 vs. price of NT$37.75 (118.3% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 66.7% below the Hardware median (#434 of 2470)

No single metric tells the full story. See the TPE:2399 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Biostar Microtech International Business Description

Address No. 108-2, Minquan Rd, 2nd Floor, Xindian District, New Taipei City, TWN
Biostar Microtech International Corp is engaged in the manufacturing and selling of computer motherboards, industrial computers, and other computer peripheral products. The company's offerings include Industrial computers, motherboards, graphics cards, solid-state drives, memory, and other Peripheral equipment. Its reportable segments are: i) Asia-Pacific Operating Segment: Manufacture of computer mainboards, industrial computers and display cards, and sale of electronic products in the Asia-Pacific area, ii) America Sales Segment: Sale of electronic products in the Americas, and iii) Europe Sales Segment: Sale of electronic products in Europe. The majority of the company's revenue is derived from the Asia-Pacific Operating Segment.
51GF Score

Get the complete analysis for TPE:2399

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

NT$37.75
Price
NT$17.29
GF Value