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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. Taiwan Navigation Co's Revenue for the
three
months ended in Dec. 2025 was NT$1,175 Mil. Taiwan Navigation Co's average Accounts Receivable for the
three
months ended in Dec. 2025 was NT$96 Mil.
Hence, Taiwan Navigation Co's Receivables Turnover for the
three
months ended in Dec. 2025 was 12.20.
Taiwan Navigation Co (TPE:2617) 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.
Taiwan Navigation Co Receivables Turnover Related Terms
Taiwan Navigation Co Receivables Turnover Historical Data
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The historical data trend for Taiwan Navigation 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.
Taiwan Navigation Co Receivables Turnover Competitor Comparison
For the Marine Shipping subindustry, Taiwan Navigation 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.
Taiwan Navigation Co Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Taiwan Navigation Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Taiwan Navigation 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.
Taiwan Navigation Co (TPE:2617) has a Receivables Turnover of 12.20 as of Dec. 2025. 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 Taiwan Navigation Co and its competitors. According to the industry distribution chart, Taiwan Navigation Co ranks #56 out of 999 companies in the Transportation industry, placing it in the top 5.6%.
Is Taiwan Navigation Co's Receivables Turnover too high?
Taiwan Navigation Co's current Receivables Turnover is 12.20. The Transportation industry median Receivables Turnover is 7.74. Taiwan Navigation Co's value of 12.20 is 57.6% above this industry median. Based on the distribution chart, Taiwan Navigation Co ranks #56 out of 999 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Navigation Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Navigation Co's Receivables Turnover compare to competitors?
According to the Transportation industry distribution chart, Taiwan Navigation Co ranks #56 out of 999 companies for Receivables Turnover. This places Taiwan Navigation Co in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.74. Taiwan Navigation Co's value of 12.20 is 57.6% 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. Taiwan Navigation Co's current Receivables Turnover of 12.20 is 57.6% 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 Taiwan Navigation Co 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. Taiwan Navigation Co's current Receivables Turnover is 12.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Navigation Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Navigation Co (TPE:2617) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.96, compared to a current price of NT$28.55 — trading 18.3% below its estimated fair value. The current Receivables Turnover is 12.20 and 57.6% above the Transportation industry median of 7.74. Taiwan Navigation Co's overall GF Score™ is 89/100 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 Taiwan Navigation Co (TPE:2617), the current Receivables Turnover is 12.20 as of Dec. 2025. 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 Taiwan Navigation Co (TPE:2617) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Navigation Co stock appears to be undervalued.
The current stock price of NT$28.55 is trading 18.3% below its estimated GF Value™ of NT$34.96.
GuruFocus considers Taiwan Navigation Co to be Modestly Undervalued.
Key valuation signals for TPE:2617:
Receivables Turnover: 12.20
GF Value™: NT$34.96 vs. price of NT$28.55 (18.3% below fair value)
Industry Position: 57.6% above the Transportation median (#56 of 999)
No single metric tells the full story. See the TPE:2617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Navigation Co Ltd mainly engages in passenger and freight transport via water, port warehousing, aquatics and mining, and navigation channel dredging. Additionally, it acts as a shipping agency, provides tugboats, and acts as a landowner in agreements with construction companies for the use of its land for the construction of residential and commercial buildings for sale and rental. Geographically, the Group generates maximum revenue from Asia, followed by Europe and other regions.
89GF Score
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