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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. Tze Shin International Co's Revenue for the
three
months ended in Mar. 2026 was NT$353.4 Mil. Tze Shin International Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$57.4 Mil.
Hence, Tze Shin International Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 6.16.
Tze Shin International Co (TPE:2611) 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.
Tze Shin International Co Receivables Turnover Related Terms
Tze Shin International 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.
Tze Shin International Co Receivables Turnover Chart
Tze Shin International Co Receivables Turnover Competitor Comparison
For the Marine Shipping subindustry, Tze Shin International 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.
Tze Shin International Co Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Tze Shin International Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tze Shin International 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.
Tze Shin International Co (TPE:2611) has a Receivables Turnover of 6.16 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 Tze Shin International Co and its competitors. According to the industry distribution chart, Tze Shin International Co ranks #237 out of 997 companies in the Transportation industry, placing it in the top 23.8%.
Is Tze Shin International Co's Receivables Turnover too high?
Tze Shin International Co's current Receivables Turnover is 6.16. The Transportation industry median Receivables Turnover is 7.76. Tze Shin International Co's value of 6.16 is 20.6% below this industry median. Based on the distribution chart, Tze Shin International Co ranks #237 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Tze Shin International Co has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tze Shin International Co's Receivables Turnover compare to competitors?
According to the Transportation industry distribution chart, Tze Shin International Co ranks #237 out of 997 companies for Receivables Turnover. This places Tze Shin International Co in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.76. Tze Shin International Co's value of 6.16 is 20.6% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.76, based on 997 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. Tze Shin International Co's current Receivables Turnover of 6.16 is 20.6% 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 Tze Shin International Co and its competitors. For the Transportation industry, the median Receivables Turnover is 7.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tze Shin International Co's current Receivables Turnover is 6.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tze Shin International Co stock overvalued right now?
Based on GuruFocus' analysis, Tze Shin International Co (TPE:2611) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$23.53, compared to a current price of NT$13.95 — trading 40.7% below its estimated fair value. The current Receivables Turnover is 6.16 and 20.6% below the Transportation industry median of 7.76. Tze Shin International Co's overall GF Score™ is 63/100 with 7 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 Tze Shin International Co (TPE:2611), the current Receivables Turnover is 6.16 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 Tze Shin International Co (TPE:2611) Overvalued in 2026?
Based on GuruFocus' analysis, Tze Shin International Co stock appears to be undervalued.
The current stock price of NT$13.95 is trading 40.7% below its estimated GF Value™ of NT$23.53.
GuruFocus considers Tze Shin International Co to be Significantly Undervalued.
Key valuation signals for TPE:2611:
Receivables Turnover: 6.16
GF Value™: NT$23.53 vs. price of NT$13.95 (40.7% below fair value)
Industry Position: 20.6% below the Transportation median (#237 of 997)
No single metric tells the full story. See the TPE:2611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tze Shin International Co Ltd operates in the shipping and ports industry. The Company offers long-distance container transshipment; Shipside transportation operations; container haulage; truck freight: transportation of chemicals, gasoline, and diesel tanks, lease of containers, racks, and equipment; and bulk goods; and entrust of construction companies to build commercial, industrial buildings, and public housing for sale and leasing. The company's revenue mainly comes from transportation services and the operation of international tourist hotels. The segments include: Hotel segment, Transportation segment, Construction segment and Other segment, of which Hotel segment derives maximum revenue.
63GF Score
Get the complete analysis for TPE:2611
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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