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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. Thinking Electronic Industrial Co's Revenue for the
three
months ended in Mar. 2026 was NT$2,054 Mil. Thinking Electronic Industrial Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$2,463 Mil.
Hence, Thinking Electronic Industrial Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.83.
Thinking Electronic Industrial Co (TPE:2428) 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.
Thinking Electronic Industrial Co Receivables Turnover Related Terms
Thinking Electronic Industrial Co Receivables Turnover Historical Data
* 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.
Thinking Electronic Industrial Co Receivables Turnover Chart
TPE:2428 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Thinking Electronic Industrial 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.
Thinking Electronic Industrial Co Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Thinking Electronic Industrial Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Thinking Electronic Industrial 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.
Thinking Electronic Industrial Co (TPE:2428) has a Receivables Turnover of 0.83 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 Thinking Electronic Industrial Co and its competitors. According to the industry distribution chart, Thinking Electronic Industrial Co ranks #1816 out of 2469 companies in the Hardware industry, placing it in the top 73.6%.
Is Thinking Electronic Industrial Co's Receivables Turnover too high?
Thinking Electronic Industrial Co's current Receivables Turnover is 0.83. The Hardware industry median Receivables Turnover is 4.89. Thinking Electronic Industrial Co's value of 0.83 is 83% below this industry median. Based on the distribution chart, Thinking Electronic Industrial Co ranks #1816 out of 2469 companies in the Hardware industry, which is below the industry midpoint. Overall, Thinking Electronic Industrial Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thinking Electronic Industrial Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Thinking Electronic Industrial Co ranks #1816 out of 2469 companies for Receivables Turnover. This places Thinking Electronic Industrial Co in the lower half of its industry. The industry median Receivables Turnover is 4.89. Thinking Electronic Industrial Co's value of 0.83 is 83% 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. Thinking Electronic Industrial Co's current Receivables Turnover of 0.83 is 83% 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 Thinking Electronic Industrial 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. Thinking Electronic Industrial Co's current Receivables Turnover is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinking Electronic Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co (TPE:2428) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$179.74, compared to a current price of NT$199.00 — trading 10.7% above its estimated fair value. The current Receivables Turnover is 0.83 and 83% below the Hardware industry median of 4.89. Thinking Electronic Industrial Co's overall GF Score™ is 78/100 with 4 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 Thinking Electronic Industrial Co (TPE:2428), the current Receivables Turnover is 0.83 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 Thinking Electronic Industrial Co (TPE:2428) Overvalued in 2026?
Based on GuruFocus' analysis, Thinking Electronic Industrial Co stock appears to be overvalued.
The current stock price of NT$199.00 is trading 10.7% above its estimated GF Value™ of NT$179.74.
GuruFocus considers Thinking Electronic Industrial Co to be Modestly Overvalued.
Key valuation signals for TPE:2428:
Receivables Turnover: 0.83
GF Value™: NT$179.74 vs. price of NT$199.00 (10.7% above fair value)
Industry Position: 83% below the Hardware median (#1816 of 2469)
No single metric tells the full story. See the TPE:2428 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thinking Electronic Industrial Co Ltd manufactures, processes, and sells electric devices, thermistors, varistors, and wires. Its product portfolio comprises negative temperature coefficient thermistors, zinc oxide varistors, ceramic positive temperature thermistors, polymer positive temperature coefficient thermistors (Polymer PTC resettable fuse), temperature sensors, and gas discharge tubes, among others. The Group's reportable segments are: Thinking Electronic Industrial (the company), which generates the maximum revenue, Thinking Changzhou, Dongguan Welkin and Zhongshan Welkin Guangdong, Thinking Yichang, Jiangxi Thinking, and Others. Geographically, it generates maximum revenue from Greater China (including Taiwan), and the rest from Europe and other regions.
78GF Score
Get the complete analysis for TPE:2428
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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