National Aerospace Fasteners (TPE:3004) Receivables Turnover: 1.12 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3004 National Aerospace Fasteners Corp TPE:3004
86 GF Score
Price NT$135.00
GF Value NT$144.69
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is National Aerospace Fasteners Receivables Turnover?

National Aerospace Fasteners TPE:3004 +7.57% 86 Receivables Turnover is 1.12 as of Dec. 2025. GuruFocus rates TPE:3004 with a GF Score™ of 86/100 and a GF Value™ of NT$144.69 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,034 Industrial Products companies, National Aerospace Fasteners ranks worse than 50.3% 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. National Aerospace Fasteners's Revenue for the three months ended in Dec. 2025 was NT$1,142 Mil. National Aerospace Fasteners's average Accounts Receivable for the three months ended in Dec. 2025 was NT$1,017 Mil. Hence, National Aerospace Fasteners's Receivables Turnover for the three months ended in Dec. 2025 was 1.12.


National Aerospace Fasteners  (TPE:3004) 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.


National Aerospace Fasteners Receivables Turnover Related Terms


National Aerospace Fasteners Receivables Turnover Historical Data

* Premium members only.

The historical data trend for National Aerospace Fasteners'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.

National Aerospace Fasteners Receivables Turnover Chart

National Aerospace Fasteners 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 4.27 4.67 4.73 4.51 4.31

National Aerospace Fasteners Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.20 1.11 1.15 1.07 1.12

TPE:3004 vs SNA, RBC, SWK: Receivables Turnover Comparison

For the Tools & Accessories subindustry, National Aerospace Fasteners'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.


National Aerospace Fasteners Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, National Aerospace Fasteners's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where National Aerospace Fasteners's Receivables Turnover falls into.


TPE:3004
86GF Score
National Aerospace Fasteners Corp TPE:3004
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Aerospace Fasteners Receivables Turnover Calculation

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

National Aerospace Fasteners'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 )
=4055.036 / ((827.965 + 1052.464) / 2 )
=4055.036 / 940.2145
=4.31

National Aerospace Fasteners's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=1141.944 / ((981.382 + 1052.464) / 2 )
=1141.944 / 1016.923
=1.12

* 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 1.12 mean?
National Aerospace Fasteners (TPE:3004) has a Receivables Turnover of 1.12 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 National Aerospace Fasteners and its competitors. According to the industry distribution chart, National Aerospace Fasteners ranks #1526 out of 3034 companies in the Industrial Products industry, placing it in the top 50.3%.
Is National Aerospace Fasteners' Receivables Turnover too high?
National Aerospace Fasteners' current Receivables Turnover is 1.12. The Industrial Products industry median Receivables Turnover is 4.45. National Aerospace Fasteners' value of 1.12 is 74.8% below this industry median. Based on the distribution chart, National Aerospace Fasteners ranks #1526 out of 3034 companies in the Industrial Products industry, which is below the industry midpoint. Overall, National Aerospace Fasteners has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Aerospace Fasteners' Receivables Turnover compare to SNA and RBC?
According to the Industrial Products industry distribution chart, National Aerospace Fasteners ranks #1526 out of 3034 companies for Receivables Turnover. This places National Aerospace Fasteners in the lower half of its industry. The industry median Receivables Turnover is 4.45. National Aerospace Fasteners' value of 1.12 is 74.8% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,034 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. National Aerospace Fasteners's current Receivables Turnover of 1.12 is 74.8% 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 National Aerospace Fasteners and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Aerospace Fasteners's current Receivables Turnover is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Aerospace Fasteners stock overvalued right now?
Based on GuruFocus' analysis, National Aerospace Fasteners (TPE:3004) is currently considered Fairly Valued. The stock's GF Value™ is NT$144.69, compared to a current price of NT$135.00 — trading 6.7% below its estimated fair value. The current Receivables Turnover is 1.12 and 74.8% below the Industrial Products industry median of 4.45. National Aerospace Fasteners' overall GF Score™ is 86/100 with 5 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 National Aerospace Fasteners (TPE:3004), the current Receivables Turnover is 1.12 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 National Aerospace Fasteners (TPE:3004) Overvalued in 2026?

Based on GuruFocus' analysis, National Aerospace Fasteners stock appears to be undervalued. The current stock price of NT$135.00 is trading 6.7% below its estimated GF Value™ of NT$144.69. GuruFocus considers National Aerospace Fasteners to be Fairly Valued.

Key valuation signals for TPE:3004:

  • Receivables Turnover: 1.12
  • GF Value™: NT$144.69 vs. price of NT$135.00 (6.7% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 74.8% below the Industrial Products median (#1526 of 3034)

No single metric tells the full story. See the TPE:3004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Aerospace Fasteners Business Description

Address No. 1, Taiping East Road, Pingzhen District, Taoyuan, TWN, 324026
National Aerospace Fasteners Corp engages in the manufacture, processing, agency, trading of various types of fasteners and construction parts and related components of aircraft and automobiles. Aerospace and Industrial products are reportable segments of the company. Majority of the its revenue is being generated from Aerospace segment.
86GF Score

Get the complete analysis for TPE:3004

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

NT$135.00
Price
NT$144.69
GF Value