Chinese Maritime Transport (TPE:2612) Receivables Turnover: 5.27 (As of Mar. 2026)

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TPE:2612 Chinese Maritime Transport Ltd TPE:2612
88 GF Score
Price NT$51.10
GF Value NT$54.52
Valuation Fairly Valued
! 7 Warning Signs
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What is Chinese Maritime Transport Receivables Turnover?

Chinese Maritime Transport TPE:2612 +2.20% 88 Receivables Turnover is 5.27 as of Mar. 2026. GuruFocus rates TPE:2612 with a GF Score™ of 88/100 and a GF Value™ of NT$54.52 (Fairly Valued). The stock has 7 warning signs investors should review. Among 999 Transportation companies, Chinese Maritime Transport ranks better than 82.88% 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. Chinese Maritime Transport's Revenue for the three months ended in Mar. 2026 was NT$1,240 Mil. Chinese Maritime Transport's average Accounts Receivable for the three months ended in Mar. 2026 was NT$235 Mil. Hence, Chinese Maritime Transport's Receivables Turnover for the three months ended in Mar. 2026 was 5.27.


Chinese Maritime Transport  (TPE:2612) 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.


Chinese Maritime Transport Receivables Turnover Related Terms


Chinese Maritime Transport Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Chinese Maritime Transport'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.

Chinese Maritime Transport Receivables Turnover Chart

Chinese Maritime Transport 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 11.58 14.41 14.56 18.11 20.28

Chinese Maritime Transport 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 4.99 4.67 4.64 5.32 5.27

TPE:2612 vs UPS, FDX, JBHT: Receivables Turnover Comparison

For the Integrated Freight & Logistics subindustry, Chinese Maritime Transport'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.


Chinese Maritime Transport Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Chinese Maritime Transport's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chinese Maritime Transport's Receivables Turnover falls into.


TPE:2612
88GF Score
Chinese Maritime Transport Ltd TPE:2612
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Chinese Maritime Transport Receivables Turnover Calculation

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

Chinese Maritime Transport'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 )
=4886.282 / ((245.356 + 236.632) / 2 )
=4886.282 / 240.994
=20.28

Chinese Maritime Transport'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 )
=1239.781 / ((236.632 + 234.2) / 2 )
=1239.781 / 235.416
=5.27

* 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 5.27 mean?
Chinese Maritime Transport (TPE:2612) has a Receivables Turnover of 5.27 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 Chinese Maritime Transport and its competitors. According to the industry distribution chart, Chinese Maritime Transport ranks #171 out of 999 companies in the Transportation industry, placing it in the top 17.1%.
Is Chinese Maritime Transport's Receivables Turnover too high?
Chinese Maritime Transport's current Receivables Turnover is 5.27. The Transportation industry median Receivables Turnover is 7.74. Chinese Maritime Transport's value of 5.27 is 31.9% below this industry median. Based on the distribution chart, Chinese Maritime Transport ranks #171 out of 999 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Chinese Maritime Transport has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chinese Maritime Transport's Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, Chinese Maritime Transport ranks #171 out of 999 companies for Receivables Turnover. This places Chinese Maritime Transport in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.74. Chinese Maritime Transport's value of 5.27 is 31.9% 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 7.74, based on 999 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. Chinese Maritime Transport's current Receivables Turnover of 5.27 is 31.9% 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 Chinese Maritime Transport and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chinese Maritime Transport's current Receivables Turnover is 5.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chinese Maritime Transport stock overvalued right now?
Based on GuruFocus' analysis, Chinese Maritime Transport (TPE:2612) is currently considered Fairly Valued. The stock's GF Value™ is NT$54.52, compared to a current price of NT$51.10 — trading 6.3% below its estimated fair value. The current Receivables Turnover is 5.27 and 31.9% below the Transportation industry median of 7.74. Chinese Maritime Transport's overall GF Score™ is 88/100 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 Chinese Maritime Transport (TPE:2612), the current Receivables Turnover is 5.27 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 Chinese Maritime Transport (TPE:2612) Overvalued in 2026?

Based on GuruFocus' analysis, Chinese Maritime Transport stock appears to be undervalued. The current stock price of NT$51.10 is trading 6.3% below its estimated GF Value™ of NT$54.52. GuruFocus considers Chinese Maritime Transport to be Fairly Valued.

Key valuation signals for TPE:2612:

  • Receivables Turnover: 5.27
  • GF Value™: NT$54.52 vs. price of NT$51.10 (6.3% below fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 31.9% below the Transportation median (#171 of 999)

No single metric tells the full story. See the TPE:2612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chinese Maritime Transport Business Description

Address No. 15, Jinan Road, 4th Floor, Section 1, Taipei, TWN, 10051
Chinese Maritime Transport Ltd is engaged in the bulk-carrier transportation through its subsidiaries. It also owns investment companies to engage in the business of investment. The company provides container hauling, vessel transportation, warehousing and related services. The company operates in two reportable segments: Land Transportation and the Logistics, and Sea Transportation. The company generates the majority of revenue from its Shipping department, which engages in the bulk carrier business. Geographically, the company generates revenue from Asia, America, Europe, and Oceania.
88GF Score

Get the complete analysis for TPE:2612

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

NT$51.10
Price
NT$54.52
GF Value