Aerospace Industrial Development (TPE:2634) Receivables Turnover: 0.67 (As of Mar. 2026)

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TPE:2634 Aerospace Industrial Development Corp TPE:2634
80 GF Score
Price NT$61.90
GF Value NT$49.00
Valuation Modestly Overvalued
! 14 Warning Signs
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What is Aerospace Industrial Development Receivables Turnover?

Aerospace Industrial Development TPE:2634 +5.63% 80 Receivables Turnover is 0.67 as of Mar. 2026. GuruFocus rates TPE:2634 with a GF Score™ of 80/100 and a GF Value™ of NT$49.00 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 347 Aerospace & Defense companies, Aerospace Industrial Development ranks worse than 74.35% 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. Aerospace Industrial Development's Revenue for the three months ended in Mar. 2026 was NT$7,587 Mil. Aerospace Industrial Development's average Accounts Receivable for the three months ended in Mar. 2026 was NT$11,314 Mil. Hence, Aerospace Industrial Development's Receivables Turnover for the three months ended in Mar. 2026 was 0.67.


Aerospace Industrial Development  (TPE:2634) 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.


Aerospace Industrial Development Receivables Turnover Related Terms


Aerospace Industrial Development Receivables Turnover Historical Data

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The historical data trend for Aerospace Industrial Development'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.

Aerospace Industrial Development Receivables Turnover Chart

Aerospace Industrial Development 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 2.73 3.54 4.83 4.38 3.02

Aerospace Industrial Development 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 0.66 0.68 0.74 0.86 0.67

TPE:2634 vs SPCX, GE, RTX: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, Aerospace Industrial Development'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.


Aerospace Industrial Development Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerospace Industrial Development's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aerospace Industrial Development's Receivables Turnover falls into.


TPE:2634
80GF Score
Aerospace Industrial Development Corp TPE:2634
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Aerospace Industrial Development Receivables Turnover Calculation

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

Aerospace Industrial Development'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 )
=35452.13 / ((10320.969 + 13161.843) / 2 )
=35452.13 / 11741.406
=3.02

Aerospace Industrial Development'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 )
=7587.09 / ((13161.843 + 9466.938) / 2 )
=7587.09 / 11314.3905
=0.67

* 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 0.67 mean?
Aerospace Industrial Development (TPE:2634) has a Receivables Turnover of 0.67 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 Aerospace Industrial Development and its competitors. According to the industry distribution chart, Aerospace Industrial Development ranks #258 out of 347 companies in the Aerospace & Defense industry, placing it in the top 74.4%.
Is Aerospace Industrial Development's Receivables Turnover too high?
Aerospace Industrial Development's current Receivables Turnover is 0.67. The Aerospace & Defense industry median Receivables Turnover is 5.69. Aerospace Industrial Development's value of 0.67 is 88.2% below this industry median. Based on the distribution chart, Aerospace Industrial Development ranks #258 out of 347 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Aerospace Industrial Development has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aerospace Industrial Development's Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Aerospace Industrial Development ranks #258 out of 347 companies for Receivables Turnover. This places Aerospace Industrial Development in the lower half of its industry. The industry median Receivables Turnover is 5.69. Aerospace Industrial Development's value of 0.67 is 88.2% 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.69, based on 347 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. Aerospace Industrial Development's current Receivables Turnover of 0.67 is 88.2% 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 Aerospace Industrial Development and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aerospace Industrial Development's current Receivables Turnover is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aerospace Industrial Development stock overvalued right now?
Based on GuruFocus' analysis, Aerospace Industrial Development (TPE:2634) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$49.00, compared to a current price of NT$61.90 — trading 26.3% above its estimated fair value. The current Receivables Turnover is 0.67 and 88.2% below the Aerospace & Defense industry median of 5.69. Aerospace Industrial Development's overall GF Score™ is 80/100 with 14 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 Aerospace Industrial Development (TPE:2634), the current Receivables Turnover is 0.67 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 Aerospace Industrial Development (TPE:2634) Overvalued in 2026?

Based on GuruFocus' analysis, Aerospace Industrial Development stock appears to be overvalued. The current stock price of NT$61.90 is trading 26.3% above its estimated GF Value™ of NT$49.00. GuruFocus considers Aerospace Industrial Development to be Modestly Overvalued.

Key valuation signals for TPE:2634:

  • Receivables Turnover: 0.67
  • GF Value™: NT$49.00 vs. price of NT$61.90 (26.3% above fair value)
  • GF Score™: 80/100 with 14 warning signs
  • Industry Position: 88.2% below the Aerospace & Defense median (#258 of 347)

No single metric tells the full story. See the TPE:2634 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aerospace Industrial Development Business Description

Address No.1, Hanxiang Road, Xitun District, Taichung, TWN, 407803
Aerospace Industrial Development Corp is involved in the manufacturing and development of aerospace and defense products. The company's main business categories are as follows: design, manufacture, assembly, testing and maintenance of aircraft, engines, avionics, and related components; consulting services and technology transfers of aerospace technology, logistical support and engineering technology management of large-scale projects; engineering and development of software and sales of aerospace products. Geographically, the company operates in Asia, Europe and American regions.
80GF Score

Get the complete analysis for TPE:2634

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

NT$61.90
Price
NT$49.00
GF Value