Kee Tai Properties Co (TPE:2538) Receivables Turnover: 5.37 (As of Mar. 2026)

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TPE:2538 Kee Tai Properties Co Ltd TPE:2538
76 GF Score
Price NT$9.11
GF Value NT$9.72
Valuation Fairly Valued
! 9 Warning Signs
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What is Kee Tai Properties Co Receivables Turnover?

Kee Tai Properties Co TPE:2538 -0.33% 76 Receivables Turnover is 5.37 as of Mar. 2026. GuruFocus rates TPE:2538 with a GF Score™ of 76/100 and a GF Value™ of NT$9.72 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,667 Real Estate companies, Kee Tai Properties Co ranks better than 71.15% 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. Kee Tai Properties Co's Revenue for the three months ended in Mar. 2026 was NT$82.6 Mil. Kee Tai Properties Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$15.4 Mil. Hence, Kee Tai Properties Co's Receivables Turnover for the three months ended in Mar. 2026 was 5.37.


Kee Tai Properties Co  (TPE:2538) 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.


Kee Tai Properties Co Receivables Turnover Related Terms


Kee Tai Properties Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Kee Tai Properties 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.

Kee Tai Properties Co Receivables Turnover Chart

Kee Tai Properties Co 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 53.93 48.98 39.37 62.85 16.75

Kee Tai Properties Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.69 6.53 9.94 9.01 5.37

Kee Tai Properties Co Receivables Turnover Competitor Comparison

For the Real Estate - Development subindustry, Kee Tai Properties 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.


Kee Tai Properties Co Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Kee Tai Properties Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kee Tai Properties Co's Receivables Turnover falls into.


TPE:2538
76GF Score
Kee Tai Properties Co Ltd TPE:2538
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kee Tai Properties Co Receivables Turnover Calculation

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

Kee Tai Properties Co'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 )
=298.724 / ((20.052 + 15.612) / 2 )
=298.724 / 17.832
=16.75

Kee Tai Properties Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=82.552 / ((15.612 + 15.15) / 2 )
=82.552 / 15.381
=5.37

* 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 5.37 mean?
Kee Tai Properties Co (TPE:2538) has a Receivables Turnover of 5.37 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 Kee Tai Properties Co and its competitors. According to the industry distribution chart, Kee Tai Properties Co ranks #481 out of 1667 companies in the Real Estate industry, placing it in the top 28.9%.
Is Kee Tai Properties Co's Receivables Turnover too high?
Kee Tai Properties Co's current Receivables Turnover is 5.37. The Real Estate industry median Receivables Turnover is 10.56. Kee Tai Properties Co's value of 5.37 is 49.1% below this industry median. Based on the distribution chart, Kee Tai Properties Co ranks #481 out of 1667 companies in the Real Estate industry, which is above the industry midpoint. Overall, Kee Tai Properties Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kee Tai Properties Co's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, Kee Tai Properties Co ranks #481 out of 1667 companies for Receivables Turnover. This puts Kee Tai Properties Co in the upper half of its industry. The industry median Receivables Turnover is 10.56. Kee Tai Properties Co's value of 5.37 is 49.1% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.56, based on 1,667 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. Kee Tai Properties Co's current Receivables Turnover of 5.37 is 49.1% 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 Kee Tai Properties Co and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kee Tai Properties Co's current Receivables Turnover is 5.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kee Tai Properties Co stock overvalued right now?
Based on GuruFocus' analysis, Kee Tai Properties Co (TPE:2538) is currently considered Fairly Valued. The stock's GF Value™ is NT$9.72, compared to a current price of NT$9.11 — trading 6.3% below its estimated fair value. The current Receivables Turnover is 5.37 and 49.1% below the Real Estate industry median of 10.56. Kee Tai Properties Co's overall GF Score™ is 76/100 with 9 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 Kee Tai Properties Co (TPE:2538), the current Receivables Turnover is 5.37 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 Kee Tai Properties Co (TPE:2538) Overvalued in 2026?

Based on GuruFocus' analysis, Kee Tai Properties Co stock appears to be undervalued. The current stock price of NT$9.11 is trading 6.3% below its estimated GF Value™ of NT$9.72. GuruFocus considers Kee Tai Properties Co to be Fairly Valued.

Key valuation signals for TPE:2538:

  • Receivables Turnover: 5.37
  • GF Value™: NT$9.72 vs. price of NT$9.11 (6.3% below fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 49.1% below the Real Estate median (#481 of 1667)

No single metric tells the full story. See the TPE:2538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kee Tai Properties Co Business Description

Address Hengyang Road, 10th Floor, No. 51, Zhongzheng District, Taipei, TWN, 100504
Kee Tai Properties Co Ltd is engaged in the development of public housing through contracted construction enterprises. Its principal activities include the sale and leasing of residential and commercial properties, as well as construction waste clearance services. The majority of the company's revenue is derived from the sales of land and buildings.
76GF Score

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

NT$9.11
Price
NT$9.72
GF Value