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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. Success Prime's Revenue for the
three
months ended in Mar. 2026 was NT$210.3 Mil. Success Prime's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$3.7 Mil.
Hence, Success Prime's Receivables Turnover for the
three
months ended in Mar. 2026 was 56.60.
Success Prime (TPE:2496) 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.
Success Prime Receivables Turnover Related Terms
Success Prime Receivables Turnover Historical Data
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The historical data trend for Success Prime'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:2496 vs EDU, TAL, LAUR: Receivables Turnover Comparison
For the Education & Training Services subindustry, Success Prime'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.
Success Prime Receivables Turnover vs Education Industry
For the Education industry and Consumer Defensive sector, Success Prime's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Success Prime'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.
Success Prime (TPE:2496) has a Receivables Turnover of 56.60 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 Success Prime and its competitors. According to the industry distribution chart, Success Prime ranks #16 out of 247 companies in the Education industry, placing it in the top 6.5%.
Is Success Prime's Receivables Turnover too high?
Success Prime's current Receivables Turnover is 56.60. The Education industry median Receivables Turnover is 11.60. Success Prime's value of 56.60 is 387.9% above this industry median. Based on the distribution chart, Success Prime ranks #16 out of 247 companies in the Education industry, which is in the top quartile — a strong position relative to peers. Overall, Success Prime has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Success Prime's Receivables Turnover compare to EDU and TAL?
According to the Education industry distribution chart, Success Prime ranks #16 out of 247 companies for Receivables Turnover. This places Success Prime in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 11.60. Success Prime's value of 56.60 is 387.9% above 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 an Education company?
The median Receivables Turnover among Education companies is 11.60, based on 247 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. Success Prime's current Receivables Turnover of 56.60 is 387.9% above 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 Success Prime and its competitors. For the Education industry, the median Receivables Turnover is 11.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Success Prime's current Receivables Turnover is 56.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Success Prime stock overvalued right now?
Based on GuruFocus' analysis, Success Prime (TPE:2496) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$73.57, compared to a current price of NT$59.70 — trading 18.9% below its estimated fair value. The current Receivables Turnover is 56.60 and 387.9% above the Education industry median of 11.60. Success Prime's overall GF Score™ is 82/100 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 Success Prime (TPE:2496), the current Receivables Turnover is 56.60 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 Success Prime (TPE:2496) Overvalued in 2026?
Based on GuruFocus' analysis, Success Prime stock appears to be undervalued.
The current stock price of NT$59.70 is trading 18.9% below its estimated GF Value™ of NT$73.57.
GuruFocus considers Success Prime to be Modestly Undervalued.
Key valuation signals for TPE:2496:
Receivables Turnover: 56.60
GF Value™: NT$73.57 vs. price of NT$59.70 (18.9% below fair value)
Industry Position: 387.9% above the Education median (#16 of 247)
No single metric tells the full story. See the TPE:2496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Success Prime Corp is focused on the management of tutorial academy teachers and curriculum education services. The company earns the maximum of its revenue from educational services and consultancy. Geographically, the company operates and earns revenue only from Taiwan.
82GF Score
Get the complete analysis for TPE:2496
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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