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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. Mercuries & Associates's Revenue for the
three
months ended in Dec. 2025 was NT$47,191 Mil. Mercuries & Associates's average Accounts Receivable for the
three
months ended in Dec. 2025 was NT$1,021 Mil.
Hence, Mercuries & Associates's Receivables Turnover for the
three
months ended in Dec. 2025 was 46.22.
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.
Mercuries & Associates Receivables Turnover Related Terms
Mercuries & Associates Receivables Turnover Historical Data
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The historical data trend for Mercuries & Associates'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.
TPE:2905 vs AFL, MET, PRU: Receivables Turnover Comparison
For the Insurance - Life subindustry, Mercuries & Associates'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.
Mercuries & Associates Receivables Turnover vs Insurance Industry
For the Insurance industry and Financial Services sector, Mercuries & Associates's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Mercuries & Associates'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.
Mercuries & Associates (TPE:2905) has a Receivables Turnover of 46.22 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 Mercuries & Associates and its competitors. According to the industry distribution chart, Mercuries & Associates ranks #2 out of 62 companies in the Insurance industry, placing it in the top 3.2%.
Is Mercuries & Associates' Receivables Turnover too high?
Mercuries & Associates' current Receivables Turnover is 46.22. The Insurance industry median Receivables Turnover is 6.63. Mercuries & Associates' value of 46.22 is 597.7% above this industry median. Based on the distribution chart, Mercuries & Associates ranks #2 out of 62 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Mercuries & Associates has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercuries & Associates' Receivables Turnover compare to AFL and MET?
According to the Insurance industry distribution chart, Mercuries & Associates ranks #2 out of 62 companies for Receivables Turnover. This places Mercuries & Associates in the top 3% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.63. Mercuries & Associates' value of 46.22 is 597.7% 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 an Insurance company?
The median Receivables Turnover among Insurance companies is 6.63, based on 62 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. Mercuries & Associates's current Receivables Turnover of 46.22 is 597.7% 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 Mercuries & Associates and its competitors. For the Insurance industry, the median Receivables Turnover is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercuries & Associates's current Receivables Turnover is 46.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercuries & Associates stock overvalued right now?
Based on GuruFocus' analysis, Mercuries & Associates (TPE:2905) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$11.30, compared to a current price of NT$16.45 — trading 45.6% above its estimated fair value. The current Receivables Turnover is 46.22 and 597.7% above the Insurance industry median of 6.63. Mercuries & Associates' overall GF Score™ is 64/100 with 9 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 Mercuries & Associates (TPE:2905), the current Receivables Turnover is 46.22 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 Mercuries & Associates (TPE:2905) Overvalued in 2026?
Based on GuruFocus' analysis, Mercuries & Associates stock appears to be overvalued.
The current stock price of NT$16.45 is trading 45.6% above its estimated GF Value™ of NT$11.30.
GuruFocus considers Mercuries & Associates to be Significantly Overvalued.
Key valuation signals for TPE:2905:
Receivables Turnover: 46.22
GF Value™: NT$11.30 vs. price of NT$16.45 (45.6% above fair value)
Industry Position: 597.7% above the Insurance median (#2 of 62)
No single metric tells the full story. See the TPE:2905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercuries & Associates Ltd is mainly engaged in finance and investment. The company is engaged in diversified businesses such as insurance, food and beverage, pharmaceutical, and IT integration. The segment of the company include Life insurance, Retail, Food and beverage, Food, IT service, Pharmaceutical, and Others. The company derives maximum revenue from the Life Insurance segment. Geographically, the company operates in domestic regions only.
64GF Score
Get the complete analysis for TPE:2905
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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