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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. Chenming Electronic Technology's Revenue for the
three
months ended in Mar. 2026 was NT$2,929 Mil. Chenming Electronic Technology's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$3,773 Mil.
Hence, Chenming Electronic Technology's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.78.
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.
Chenming Electronic Technology Receivables Turnover Related Terms
Chenming Electronic Technology Receivables Turnover Historical Data
* 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:3013 vs DELL, ANET, SNDK: Receivables Turnover Comparison
For the Computer Hardware subindustry, Chenming Electronic Technology'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.
Chenming Electronic Technology Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Chenming Electronic Technology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Chenming Electronic Technology'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.
Chenming Electronic Technology (TPE:3013) has a Receivables Turnover of 0.78 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 Chenming Electronic Technology and its competitors. According to the industry distribution chart, Chenming Electronic Technology ranks #1807 out of 2470 companies in the Hardware industry, placing it in the top 73.2%.
Is Chenming Electronic Technology's Receivables Turnover too high?
Chenming Electronic Technology's current Receivables Turnover is 0.78. The Hardware industry median Receivables Turnover is 4.89. Chenming Electronic Technology's value of 0.78 is 84% below this industry median. Based on the distribution chart, Chenming Electronic Technology ranks #1807 out of 2470 companies in the Hardware industry, which is below the industry midpoint. Overall, Chenming Electronic Technology has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chenming Electronic Technology's Receivables Turnover compare to DELL and ANET?
According to the Hardware industry distribution chart, Chenming Electronic Technology ranks #1807 out of 2470 companies for Receivables Turnover. This places Chenming Electronic Technology in the lower half of its industry. The industry median Receivables Turnover is 4.89. Chenming Electronic Technology's value of 0.78 is 84% 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 a Hardware company?
The median Receivables Turnover among Hardware companies is 4.89, based on 2,470 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. Chenming Electronic Technology's current Receivables Turnover of 0.78 is 84% 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 Chenming Electronic Technology and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chenming Electronic Technology's current Receivables Turnover is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenming Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Chenming Electronic Technology (TPE:3013) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$146.62, compared to a current price of NT$85.00 — trading 42% below its estimated fair value. The current Receivables Turnover is 0.78 and 84% below the Hardware industry median of 4.89. Chenming Electronic Technology's overall GF Score™ is 82/100 with 1 warning sign 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 Chenming Electronic Technology (TPE:3013), the current Receivables Turnover is 0.78 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 Chenming Electronic Technology (TPE:3013) Overvalued in 2026?
Based on GuruFocus' analysis, Chenming Electronic Technology stock appears to be undervalued.
The current stock price of NT$85.00 is trading 42% below its estimated GF Value™ of NT$146.62.
GuruFocus considers Chenming Electronic Technology to be Significantly Undervalued.
Key valuation signals for TPE:3013:
Receivables Turnover: 0.78
GF Value™: NT$146.62 vs. price of NT$85.00 (42% below fair value)
Industry Position: 84% below the Hardware median (#1807 of 2470)
No single metric tells the full story. See the TPE:3013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chenming Electronic Technology Business Description
Chenming Electronic Technology Corp is engaged in the manufacturing, research and development, and sale of server cases and computer cases. Geographically, it operates in China, Taiwan, the USA, and other countries. It generates the majority of its revenue from the USA, followed by Taiwan. The group has only one operating segment, which produces computer and mobile device components.
82GF Score
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