Well Shin Technology Co (TPE:3501) Receivables Turnover: 0.84 (As of Dec. 2025)

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TPE:3501 Well Shin Technology Co Ltd TPE:3501
76 GF Score
Price NT$40.25
GF Value NT$60.61
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Well Shin Technology Co Receivables Turnover?

Well Shin Technology Co TPE:3501 +0.25% 76 Receivables Turnover is 0.84 as of Dec. 2025. GuruFocus rates TPE:3501 with a GF Score™ of 76/100 and a GF Value™ of NT$60.61 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 3,032 Industrial Products companies, Well Shin Technology Co ranks worse than 64.64% 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. Well Shin Technology Co's Revenue for the three months ended in Dec. 2025 was NT$1,251 Mil. Well Shin Technology Co's average Accounts Receivable for the three months ended in Dec. 2025 was NT$1,496 Mil. Hence, Well Shin Technology Co's Receivables Turnover for the three months ended in Dec. 2025 was 0.84.


Well Shin Technology Co  (TPE:3501) 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.


Well Shin Technology Co Receivables Turnover Related Terms


Well Shin Technology Co Receivables Turnover Historical Data

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The historical data trend for Well Shin 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.

Well Shin Technology Co Receivables Turnover Chart

Well Shin Technology 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 3.93 3.89 3.42 3.81 3.51

Well Shin Technology Co 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 0.82 0.91 0.96 0.91 0.84

TPE:3501 vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Well Shin 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.


Well Shin Technology Co Receivables Turnover vs Industrial Products Industry

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

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


TPE:3501
76GF Score
Well Shin Technology Co Ltd TPE:3501
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Well Shin Technology Co Receivables Turnover Calculation

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

Well Shin Technology 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 )
=5539.855 / ((1642.723 + 1511.509) / 2 )
=5539.855 / 1577.116
=3.51

Well Shin Technology Co'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 )
=1251.394 / ((1479.978 + 1511.509) / 2 )
=1251.394 / 1495.7435
=0.84

* 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 0.84 mean?
Well Shin Technology Co (TPE:3501) has a Receivables Turnover of 0.84 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 Well Shin Technology Co and its competitors. According to the industry distribution chart, Well Shin Technology Co ranks #1960 out of 3032 companies in the Industrial Products industry, placing it in the top 64.6%.
Is Well Shin Technology Co's Receivables Turnover too high?
Well Shin Technology Co's current Receivables Turnover is 0.84. The Industrial Products industry median Receivables Turnover is 4.45. Well Shin Technology Co's value of 0.84 is 81.1% below this industry median. Based on the distribution chart, Well Shin Technology Co ranks #1960 out of 3032 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Well Shin Technology Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Well Shin Technology Co's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Well Shin Technology Co ranks #1960 out of 3032 companies for Receivables Turnover. This places Well Shin Technology Co in the lower half of its industry. The industry median Receivables Turnover is 4.45. Well Shin Technology Co's value of 0.84 is 81.1% 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. Well Shin Technology Co's current Receivables Turnover of 0.84 is 81.1% 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 Well Shin Technology 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. Well Shin Technology Co's current Receivables Turnover is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Well Shin Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Well Shin Technology Co (TPE:3501) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$60.61, compared to a current price of NT$40.25 — trading 33.6% below its estimated fair value. The current Receivables Turnover is 0.84 and 81.1% below the Industrial Products industry median of 4.45. Well Shin Technology Co's overall GF Score™ is 76/100 with 6 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 Well Shin Technology Co (TPE:3501), the current Receivables Turnover is 0.84 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 Well Shin Technology Co (TPE:3501) Overvalued in 2026?

Based on GuruFocus' analysis, Well Shin Technology Co stock appears to be undervalued. The current stock price of NT$40.25 is trading 33.6% below its estimated GF Value™ of NT$60.61. GuruFocus considers Well Shin Technology Co to be Significantly Undervalued.

Key valuation signals for TPE:3501:

  • Receivables Turnover: 0.84
  • GF Value™: NT$60.61 vs. price of NT$40.25 (33.6% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 81.1% below the Industrial Products median (#1960 of 3032)

No single metric tells the full story. See the TPE:3501 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Well Shin Technology Co Business Description

Address No.196, Xinhu 3rd, Neihu District, Taipei, TWN, 114065
Well Shin Technology Co Ltd manufactures electronics products. The Company is engaged in the manufacture of wire and Cable and electronic components and wholesale and retail of electronic materials. The product portfolio of the company encompasses AC plug, AC connectors, Socket inlet, Power strip, Adapter, Locking cord, Charger, Headphone, and among others.
76GF Score

Get the complete analysis for TPE:3501

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

NT$40.25
Price
NT$60.61
GF Value