Shin Zu Shing Co (TPE:3376) Receivables Turnover: 0.62 (As of Mar. 2026)

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TPE:3376 Shin Zu Shing Co Ltd TPE:3376
85 GF Score
Price NT$191.50
GF Value NT$221.45
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shin Zu Shing Co Receivables Turnover?

Shin Zu Shing Co TPE:3376 +1.06% 85 Receivables Turnover is 0.62 as of Mar. 2026. GuruFocus rates TPE:3376 with a GF Score™ of 85/100 and a GF Value™ of NT$221.45 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 3,032 Industrial Products companies, Shin Zu Shing Co ranks worse than 81.13% 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. Shin Zu Shing Co's Revenue for the three months ended in Mar. 2026 was NT$2,353 Mil. Shin Zu Shing Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$3,781 Mil. Hence, Shin Zu Shing Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.62.


Shin Zu Shing Co  (TPE:3376) 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.


Shin Zu Shing Co Receivables Turnover Related Terms


Shin Zu Shing Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Shin Zu Shing 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.

Shin Zu Shing Co Receivables Turnover Chart

Shin Zu Shing 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 2.31 2.65 2.39 2.85 2.32

Shin Zu Shing 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 0.59 0.71 0.64 0.57 0.62

TPE:3376 vs CRS, ATI, MLI: Receivables Turnover Comparison

For the Metal Fabrication subindustry, Shin Zu Shing 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.


Shin Zu Shing Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shin Zu Shing Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Shin Zu Shing Co's Receivables Turnover falls into.


TPE:3376
85GF Score
Shin Zu Shing Co Ltd TPE:3376
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Zu Shing Co Receivables Turnover Calculation

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

Shin Zu Shing 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 )
=10723.102 / ((5278.077 + 3946.382) / 2 )
=10723.102 / 4612.2295
=2.32

Shin Zu Shing 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 )
=2352.701 / ((3946.382 + 3614.911) / 2 )
=2352.701 / 3780.6465
=0.62

* 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 0.62 mean?
Shin Zu Shing Co (TPE:3376) has a Receivables Turnover of 0.62 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 Shin Zu Shing Co and its competitors. According to the industry distribution chart, Shin Zu Shing Co ranks #2460 out of 3032 companies in the Industrial Products industry, placing it in the top 81.1%.
Is Shin Zu Shing Co's Receivables Turnover too high?
Shin Zu Shing Co's current Receivables Turnover is 0.62. The Industrial Products industry median Receivables Turnover is 4.45. Shin Zu Shing Co's value of 0.62 is 86.1% below this industry median. Based on the distribution chart, Shin Zu Shing Co ranks #2460 out of 3032 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shin Zu Shing Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Zu Shing Co's Receivables Turnover compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shin Zu Shing Co ranks #2460 out of 3032 companies for Receivables Turnover. This places Shin Zu Shing Co in the lower half of its industry. The industry median Receivables Turnover is 4.45. Shin Zu Shing Co's value of 0.62 is 86.1% 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 3,032 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. Shin Zu Shing Co's current Receivables Turnover of 0.62 is 86.1% 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 Shin Zu Shing Co 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. Shin Zu Shing Co's current Receivables Turnover is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Zu Shing Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Zu Shing Co (TPE:3376) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$221.45, compared to a current price of NT$191.50 — trading 13.5% below its estimated fair value. The current Receivables Turnover is 0.62 and 86.1% below the Industrial Products industry median of 4.45. Shin Zu Shing Co's overall GF Score™ is 85/100 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 Shin Zu Shing Co (TPE:3376), the current Receivables Turnover is 0.62 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 Shin Zu Shing Co (TPE:3376) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Zu Shing Co stock appears to be undervalued. The current stock price of NT$191.50 is trading 13.5% below its estimated GF Value™ of NT$221.45. GuruFocus considers Shin Zu Shing Co to be Modestly Undervalued.

Key valuation signals for TPE:3376:

  • Receivables Turnover: 0.62
  • GF Value™: NT$221.45 vs. price of NT$191.50 (13.5% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 86.1% below the Industrial Products median (#2460 of 3032)

No single metric tells the full story. See the TPE:3376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Zu Shing Co Business Description

Address No. 174, Junying Street, Shulin District, New Taipei City, TWN, 238
Shin Zu Shing Co Ltd is engaged in research and development, design, production, assembly, testing, manufacturing, and sales of various precision springs, stamping parts, hinge components, and metal injection molding (MIM) products. It develops hinge components used in notebook computers, LCD monitors, digital cameras, and other electronic product parts. Its segments are Hinge products, which generate maximum revenue and engage in the design, manufacture, testing, and sales of hinge products for various components, including NB, LCD, and 3C hinge products and other parts such as springs and stamping parts for different types of laptops or consumer electronic products, as well as Milling products and MIM products. Geographically, it generates maximum revenue from Asia.
85GF Score

Get the complete analysis for TPE:3376

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

NT$191.50
Price
NT$221.45
GF Value