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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. Wan Hai Lines's Revenue for the
three
months ended in Mar. 2026 was NT$33,641 Mil. Wan Hai Lines's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$3,288 Mil.
Hence, Wan Hai Lines's Receivables Turnover for the
three
months ended in Mar. 2026 was 10.23.
Wan Hai Lines (TPE:2615) 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.
Wan Hai Lines Receivables Turnover Related Terms
Wan Hai Lines Receivables Turnover Historical Data
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The historical data trend for Wan Hai Lines'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.
Wan Hai Lines Receivables Turnover Competitor Comparison
For the Marine Shipping subindustry, Wan Hai Lines'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.
Wan Hai Lines Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Wan Hai Lines's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Wan Hai Lines'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.
Wan Hai Lines (TPE:2615) has a Receivables Turnover of 10.23 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 Wan Hai Lines and its competitors. According to the industry distribution chart, Wan Hai Lines ranks #68 out of 999 companies in the Transportation industry, placing it in the top 6.8%.
Is Wan Hai Lines' Receivables Turnover too high?
Wan Hai Lines' current Receivables Turnover is 10.23. The Transportation industry median Receivables Turnover is 7.74. Wan Hai Lines' value of 10.23 is 32.2% above this industry median. Based on the distribution chart, Wan Hai Lines ranks #68 out of 999 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Wan Hai Lines has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wan Hai Lines' Receivables Turnover compare to competitors?
According to the Transportation industry distribution chart, Wan Hai Lines ranks #68 out of 999 companies for Receivables Turnover. This places Wan Hai Lines in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.74. Wan Hai Lines' value of 10.23 is 32.2% 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 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. Wan Hai Lines's current Receivables Turnover of 10.23 is 32.2% 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 Wan Hai Lines 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. Wan Hai Lines's current Receivables Turnover is 10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wan Hai Lines stock overvalued right now?
Based on GuruFocus' analysis, Wan Hai Lines (TPE:2615) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$72.79, compared to a current price of NT$86.10 — trading 18.3% above its estimated fair value. The current Receivables Turnover is 10.23 and 32.2% above the Transportation industry median of 7.74. Wan Hai Lines' overall GF Score™ is 77/100 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 Wan Hai Lines (TPE:2615), the current Receivables Turnover is 10.23 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 Wan Hai Lines (TPE:2615) Overvalued in 2026?
Based on GuruFocus' analysis, Wan Hai Lines stock appears to be overvalued.
The current stock price of NT$86.10 is trading 18.3% above its estimated GF Value™ of NT$72.79.
GuruFocus considers Wan Hai Lines to be Modestly Overvalued.
Key valuation signals for TPE:2615:
Receivables Turnover: 10.23
GF Value™: NT$72.79 vs. price of NT$86.10 (18.3% above fair value)
Industry Position: 32.2% above the Transportation median (#68 of 999)
No single metric tells the full story. See the TPE:2615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wan Hai Lines Ltd is a transportation and logistics company domiciled in Taiwan. The company develops and operates terminals, container yards, and warehouses, and provides container shipping services through its fleet of vessels. Besides, the company constructs and maintains cargo containers, provides container loading and unloading services, and constructs and maintains ships. The company generates the majority of its revenue from Freight, Rentals, followed by WHL Terminals and Other services in geographical regions that include Asia, followed by India, the Middle East, America and the Red Sea.
77GF Score
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