Ares International (TPE:2471) Receivables Turnover: 3.21 (As of Sep. 2025)

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TPE:2471 Ares International Corp TPE:2471
96 GF Score
Price NT$48.70
GF Value NT$63.06
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ares International Receivables Turnover?

Ares International TPE:2471 +1.04% 96 Receivables Turnover is 3.21 as of Sep. 2025. GuruFocus rates TPE:2471 with a GF Score™ of 96/100 and a GF Value™ of NT$63.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,783 Software companies, Ares International ranks better than 85.77% 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. Ares International's Revenue for the three months ended in Sep. 2025 was NT$245.9 Mil. Ares International's average Accounts Receivable for the three months ended in Sep. 2025 was NT$76.7 Mil. Hence, Ares International's Receivables Turnover for the three months ended in Sep. 2025 was 3.21.


Ares International  (TPE:2471) 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.


Ares International Receivables Turnover Related Terms


Ares International Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ares 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.

Ares International Receivables Turnover Chart

Ares International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.25 6.12 5.82 8.35 11.44

Ares International Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 2.40 3.64 2.86 3.06 3.21

TPE:2471 vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, Ares 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.


Ares International Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Ares International's Receivables Turnover distribution charts can be found below:

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


TPE:2471
96GF Score
Ares International Corp TPE:2471
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ares International Receivables Turnover Calculation

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

Ares International's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=877.673 / ((77.876 + 75.502) / 2 )
=877.673 / 76.689
=11.44

Ares International's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=245.923 / ((86.497 + 66.887) / 2 )
=245.923 / 76.692
=3.21

* 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 3.21 mean?
Ares International (TPE:2471) has a Receivables Turnover of 3.21 as of Sep. 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 Ares International and its competitors. According to the industry distribution chart, Ares International ranks #396 out of 2783 companies in the Software industry, placing it in the top 14.2%.
Is Ares International's Receivables Turnover too high?
Ares International's current Receivables Turnover is 3.21. The Software industry median Receivables Turnover is 5.74. Ares International's value of 3.21 is 44.1% below this industry median. Based on the distribution chart, Ares International ranks #396 out of 2783 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Ares International has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ares International's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Ares International ranks #396 out of 2783 companies for Receivables Turnover. This places Ares International in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.74. Ares International's value of 3.21 is 44.1% 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 Software company?
The median Receivables Turnover among Software companies is 5.74, based on 2,783 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. Ares International's current Receivables Turnover of 3.21 is 44.1% 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 Ares International and its competitors. For the Software industry, the median Receivables Turnover is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares International's current Receivables Turnover is 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares International stock overvalued right now?
Based on GuruFocus' analysis, Ares International (TPE:2471) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$63.06, compared to a current price of NT$48.70 — trading 22.8% below its estimated fair value. The current Receivables Turnover is 3.21 and 44.1% below the Software industry median of 5.74. Ares International's overall GF Score™ is 96/100 with 2 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 Ares International (TPE:2471), the current Receivables Turnover is 3.21 as of Sep. 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 Ares International (TPE:2471) Overvalued in 2026?

Based on GuruFocus' analysis, Ares International stock appears to be undervalued. The current stock price of NT$48.70 is trading 22.8% below its estimated GF Value™ of NT$63.06. GuruFocus considers Ares International to be Modestly Undervalued.

Key valuation signals for TPE:2471:

  • Receivables Turnover: 3.21
  • GF Value™: NT$63.06 vs. price of NT$48.70 (22.8% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 44.1% below the Software median (#396 of 2783)

No single metric tells the full story. See the TPE:2471 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ares International Business Description

Address Zhongshan North Road, 3rd Floor, No. 111, Section 2, Zhongshan District, Taipei, TWN, 104
Ares International Corp is a Taiwan-based company. The company is engaged in the design, sales, lease, maintenance, and technology consultation of computer equipment, internet, and related software, and analysis, design, modification, installation, and maintenance of application software. Its reporting segments include the Commercial segment, Financial business segment, and Project segment. The geographical regions in which the company operates are Asia, Taiwan, America, and Others.
96GF Score

Get the complete analysis for TPE:2471

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

NT$48.70
Price
NT$63.06
GF Value