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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. Min Aik Technology Co's Revenue for the
three
months ended in Dec. 2025 was NT$1,113 Mil. Min Aik Technology Co's average Accounts Receivable for the
three
months ended in Dec. 2025 was NT$1,133 Mil.
Hence, Min Aik Technology Co's Receivables Turnover for the
three
months ended in Dec. 2025 was 0.98.
Min Aik Technology Co (TPE:3060) 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.
Min Aik Technology Co Receivables Turnover Related Terms
Min Aik Technology Co Receivables Turnover Historical Data
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The historical data trend for Min Aik Technology 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.
TPE:3060 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Min Aik Technology 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.
Min Aik Technology Co Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Min Aik Technology Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Min Aik Technology Co'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.
Min Aik Technology Co (TPE:3060) has a Receivables Turnover of 0.98 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 Min Aik Technology Co and its competitors. According to the industry distribution chart, Min Aik Technology Co ranks #1892 out of 2470 companies in the Hardware industry, placing it in the top 76.6%.
Is Min Aik Technology Co's Receivables Turnover too high?
Min Aik Technology Co's current Receivables Turnover is 0.98. The Hardware industry median Receivables Turnover is 4.89. Min Aik Technology Co's value of 0.98 is 80% below this industry median. Based on the distribution chart, Min Aik Technology Co ranks #1892 out of 2470 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Min Aik Technology Co has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Min Aik Technology Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Min Aik Technology Co ranks #1892 out of 2470 companies for Receivables Turnover. This places Min Aik Technology Co in the lower half of its industry. The industry median Receivables Turnover is 4.89. Min Aik Technology Co's value of 0.98 is 80% 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. Min Aik Technology Co's current Receivables Turnover of 0.98 is 80% 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 Min Aik Technology 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. Min Aik Technology Co's current Receivables Turnover is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Min Aik Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Min Aik Technology Co (TPE:3060) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.17, compared to a current price of NT$26.15 — trading 13.3% below its estimated fair value. The current Receivables Turnover is 0.98 and 80% below the Hardware industry median of 4.89. Min Aik Technology Co's overall GF Score™ is 65/100 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 Min Aik Technology Co (TPE:3060), the current Receivables Turnover is 0.98 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 Min Aik Technology Co (TPE:3060) Overvalued in 2026?
Based on GuruFocus' analysis, Min Aik Technology Co stock appears to be undervalued.
The current stock price of NT$26.15 is trading 13.3% below its estimated GF Value™ of NT$30.17.
GuruFocus considers Min Aik Technology Co to be Modestly Undervalued.
Key valuation signals for TPE:3060:
Receivables Turnover: 0.98
GF Value™: NT$30.17 vs. price of NT$26.15 (13.3% below fair value)
Industry Position: 80% below the Hardware median (#1892 of 2470)
No single metric tells the full story. See the TPE:3060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Min Aik Technology Co Ltd is involved in the design, manufacture, and sale of hard disk drive components, plastic camera components, medical device parts, and mechanical components for optical devices. Its operating segments are EMS (Electronics Manufacturing Service), which is the key revenue driver, which includes designing and manufacturing consumer electronics end products; the Automatic Equipment Service segment includes designing and manufacturing automatic machinery for industrial use; and the Commerce Service segment includes trading business. The company's geographical segments include Thailand, which is its key revenue-generating market, Singapore, Taiwan, the United States, and others.
65GF Score
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