Sinbon Electronics Co (TPE:3023) Receivables Turnover: 1.11 (As of Mar. 2026)

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TPE:3023 Sinbon Electronics Co Ltd TPE:3023
92 GF Score
Price NT$278.00
GF Value NT$280.22
Valuation Fairly Valued
! 4 Warning Signs
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What is Sinbon Electronics Co Receivables Turnover?

Sinbon Electronics Co TPE:3023 -1.24% 92 Receivables Turnover is 1.11 as of Mar. 2026. GuruFocus rates TPE:3023 with a GF Score™ of 92/100 and a GF Value™ of NT$280.22 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,469 Hardware companies, Sinbon Electronics Co ranks worse than 58.89% 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. Sinbon Electronics Co's Revenue for the three months ended in Mar. 2026 was NT$8,293 Mil. Sinbon Electronics Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$7,441 Mil. Hence, Sinbon Electronics Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.11.


Sinbon Electronics Co  (TPE:3023) 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.


Sinbon Electronics Co Receivables Turnover Related Terms


Sinbon Electronics Co Receivables Turnover Historical Data

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The historical data trend for Sinbon Electronics 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.

Sinbon Electronics Co Receivables Turnover Chart

Sinbon Electronics Co 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 4.14 4.67 5.05 4.92 4.12

Sinbon Electronics Co 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 1.14 1.15 1.07 1.02 1.11

TPE:3023 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, Sinbon Electronics 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.


Sinbon Electronics Co Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Sinbon Electronics Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sinbon Electronics Co's Receivables Turnover falls into.


TPE:3023
92GF Score
Sinbon Electronics Co Ltd TPE:3023
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinbon Electronics Co Receivables Turnover Calculation

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

Sinbon Electronics Co'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 )
=31023.871 / ((7614.91 + 7439.966) / 2 )
=31023.871 / 7527.438
=4.12

Sinbon Electronics Co'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 )
=8292.838 / ((7439.966 + 7441.11) / 2 )
=8292.838 / 7440.538
=1.11

* 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 1.11 mean?
Sinbon Electronics Co (TPE:3023) has a Receivables Turnover of 1.11 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 Sinbon Electronics Co and its competitors. According to the industry distribution chart, Sinbon Electronics Co ranks #1454 out of 2469 companies in the Hardware industry, placing it in the top 58.9%.
Is Sinbon Electronics Co's Receivables Turnover too high?
Sinbon Electronics Co's current Receivables Turnover is 1.11. The Hardware industry median Receivables Turnover is 4.89. Sinbon Electronics Co's value of 1.11 is 77.3% below this industry median. Based on the distribution chart, Sinbon Electronics Co ranks #1454 out of 2469 companies in the Hardware industry, which is below the industry midpoint. Overall, Sinbon Electronics Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinbon Electronics Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Sinbon Electronics Co ranks #1454 out of 2469 companies for Receivables Turnover. This places Sinbon Electronics Co in the lower half of its industry. The industry median Receivables Turnover is 4.89. Sinbon Electronics Co's value of 1.11 is 77.3% 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 2,469 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. Sinbon Electronics Co's current Receivables Turnover of 1.11 is 77.3% 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 Sinbon Electronics Co 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. Sinbon Electronics Co's current Receivables Turnover is 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinbon Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Sinbon Electronics Co (TPE:3023) is currently considered Fairly Valued. The stock's GF Value™ is NT$280.22, compared to a current price of NT$278.00 — trading 0.8% below its estimated fair value. The current Receivables Turnover is 1.11 and 77.3% below the Hardware industry median of 4.89. Sinbon Electronics Co's overall GF Score™ is 92/100 with 4 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 Sinbon Electronics Co (TPE:3023), the current Receivables Turnover is 1.11 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 Sinbon Electronics Co (TPE:3023) Overvalued in 2026?

Based on GuruFocus' analysis, Sinbon Electronics Co stock appears to be undervalued. The current stock price of NT$278.00 is trading 0.8% below its estimated GF Value™ of NT$280.22. GuruFocus considers Sinbon Electronics Co to be Fairly Valued.

Key valuation signals for TPE:3023:

  • Receivables Turnover: 1.11
  • GF Value™: NT$280.22 vs. price of NT$278.00 (0.8% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 77.3% below the Hardware median (#1454 of 2469)

No single metric tells the full story. See the TPE:3023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinbon Electronics Co Business Description

Address No. 582, Kuo-Hwa Road, Miaoli, TWN, 360
Sinbon Electronics Co Ltd is engaged in the design, development, manufacturing, and sale of cable assemblies, connectors, and related electronic components, along with integration services such as printed circuit boards and system solutions. The company has five reportable segments. The Green Energy segment, which focuses on cable assemblies and control modules for solar and wind power. The Industrial Application segment provides control and connection cable assemblies for industrial equipment. The Medical Health segment manufactures cables for medical devices. The Automotive & Aviation segment offers EV charging and automotive cable solutions. The Communication segment supplies cables for smartphones, wearables, and VR/AR devices.
92GF Score

Get the complete analysis for TPE:3023

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

NT$278.00
Price
NT$280.22
GF Value