Macnica Anstek (TPE:3528) Receivables Turnover: 1.07 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3528 Macnica Anstek Inc TPE:3528
78 GF Score
Price NT$85.10
GF Value NT$88.34
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Macnica Anstek Receivables Turnover?

Macnica Anstek TPE:3528 -0.35% 78 Receivables Turnover is 1.07 as of Dec. 2025. GuruFocus rates TPE:3528 with a GF Score™ of 78/100 and a GF Value™ of NT$88.34 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,471 Hardware companies, Macnica Anstek ranks worse than 57.47% 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. Macnica Anstek's Revenue for the three months ended in Dec. 2025 was NT$2,864 Mil. Macnica Anstek's average Accounts Receivable for the three months ended in Dec. 2025 was NT$2,667 Mil. Hence, Macnica Anstek's Receivables Turnover for the three months ended in Dec. 2025 was 1.07.


Macnica Anstek  (TPE:3528) 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.


Macnica Anstek Receivables Turnover Related Terms


Macnica Anstek Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Macnica Anstek'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.

Macnica Anstek Receivables Turnover Chart

Macnica Anstek 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 5.31 4.38 4.17 3.71 4.15

Macnica Anstek 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 0.91 1.17 1.12 1.18 1.07

TPE:3528 vs SNX, ARW, AVT: Receivables Turnover Comparison

For the Electronics & Computer Distribution subindustry, Macnica Anstek'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.


Macnica Anstek Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Macnica Anstek's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Macnica Anstek's Receivables Turnover falls into.


TPE:3528
78GF Score
Macnica Anstek Inc TPE:3528
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macnica Anstek Receivables Turnover Calculation

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

Macnica Anstek'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 )
=8959.308 / ((1364.066 + 2952.003) / 2 )
=8959.308 / 2158.0345
=4.15

Macnica Anstek'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 )
=2863.595 / ((2381.721 + 2952.003) / 2 )
=2863.595 / 2666.862
=1.07

* 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 1.07 mean?
Macnica Anstek (TPE:3528) has a Receivables Turnover of 1.07 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 Macnica Anstek and its competitors. According to the industry distribution chart, Macnica Anstek ranks #1420 out of 2471 companies in the Hardware industry, placing it in the top 57.5%.
Is Macnica Anstek's Receivables Turnover too high?
Macnica Anstek's current Receivables Turnover is 1.07. The Hardware industry median Receivables Turnover is 4.89. Macnica Anstek's value of 1.07 is 78.1% below this industry median. Based on the distribution chart, Macnica Anstek ranks #1420 out of 2471 companies in the Hardware industry, which is below the industry midpoint. Overall, Macnica Anstek has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Macnica Anstek's Receivables Turnover compare to SNX and ARW?
According to the Hardware industry distribution chart, Macnica Anstek ranks #1420 out of 2471 companies for Receivables Turnover. This places Macnica Anstek in the lower half of its industry. The industry median Receivables Turnover is 4.89. Macnica Anstek's value of 1.07 is 78.1% 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 a Hardware company?
The median Receivables Turnover among Hardware companies is 4.89, based on 2,471 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. Macnica Anstek's current Receivables Turnover of 1.07 is 78.1% 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 Macnica Anstek 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. Macnica Anstek's current Receivables Turnover is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macnica Anstek stock overvalued right now?
Based on GuruFocus' analysis, Macnica Anstek (TPE:3528) is currently considered Fairly Valued. The stock's GF Value™ is NT$88.34, compared to a current price of NT$85.10 — trading 3.7% below its estimated fair value. The current Receivables Turnover is 1.07 and 78.1% below the Hardware industry median of 4.89. Macnica Anstek's overall GF Score™ is 78/100 with 7 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 Macnica Anstek (TPE:3528), the current Receivables Turnover is 1.07 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 Macnica Anstek (TPE:3528) Overvalued in 2026?

Based on GuruFocus' analysis, Macnica Anstek stock appears to be undervalued. The current stock price of NT$85.10 is trading 3.7% below its estimated GF Value™ of NT$88.34. GuruFocus considers Macnica Anstek to be Fairly Valued.

Key valuation signals for TPE:3528:

  • Receivables Turnover: 1.07
  • GF Value™: NT$88.34 vs. price of NT$85.10 (3.7% below fair value)
  • GF Score™: 78/100 with 7 warning signs
  • Industry Position: 78.1% below the Hardware median (#1420 of 2471)

No single metric tells the full story. See the TPE:3528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macnica Anstek Business Description

Address Xintai 5th Road, 21st Floor, No. 75, Section 1, Xizhi District, New Taipei City, TWN
Macnica Anstek Inc is engaged in import, export and trading of electronic components. The company supplies analogue, semiconductor devices and related technologies.
78GF Score

Get the complete analysis for TPE:3528

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

NT$85.10
Price
NT$88.34
GF Value