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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. Li Cheng Enterprise Co's Revenue for the
three
months ended in Dec. 2025 was NT$229.4 Mil. Li Cheng Enterprise Co's average Accounts Receivable for the
three
months ended in Dec. 2025 was NT$114.3 Mil.
Hence, Li Cheng Enterprise Co's Receivables Turnover for the
three
months ended in Dec. 2025 was 2.01.
Li Cheng Enterprise Co (TPE:4426) 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.
Li Cheng Enterprise Co Receivables Turnover Related Terms
Li Cheng Enterprise Co Receivables Turnover Historical Data
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The historical data trend for Li Cheng Enterprise 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.
Li Cheng Enterprise Co Receivables Turnover Competitor Comparison
For the Textile Manufacturing subindustry, Li Cheng Enterprise 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.
Li Cheng Enterprise Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Li Cheng Enterprise Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Li Cheng Enterprise 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.
Li Cheng Enterprise Co (TPE:4426) has a Receivables Turnover of 2.01 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 Li Cheng Enterprise Co and its competitors. According to the industry distribution chart, Li Cheng Enterprise Co ranks #467 out of 1037 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 45%.
Is Li Cheng Enterprise Co's Receivables Turnover too high?
Li Cheng Enterprise Co's current Receivables Turnover is 2.01. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.87. Li Cheng Enterprise Co's value of 2.01 is 70.7% below this industry median. Based on the distribution chart, Li Cheng Enterprise Co ranks #467 out of 1037 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Li Cheng Enterprise Co has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Li Cheng Enterprise Co's Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Li Cheng Enterprise Co ranks #467 out of 1037 companies for Receivables Turnover. This puts Li Cheng Enterprise Co in the upper half of its industry. The industry median Receivables Turnover is 6.87. Li Cheng Enterprise Co's value of 2.01 is 70.7% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.87, based on 1,037 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. Li Cheng Enterprise Co's current Receivables Turnover of 2.01 is 70.7% 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 Li Cheng Enterprise Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Li Cheng Enterprise Co's current Receivables Turnover is 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Li Cheng Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Li Cheng Enterprise Co (TPE:4426) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$10.78, compared to a current price of NT$8.03 — trading 25.5% below its estimated fair value. The current Receivables Turnover is 2.01 and 70.7% below the Manufacturing - Apparel & Accessories industry median of 6.87. Li Cheng Enterprise Co's overall GF Score™ is 54/100 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 Li Cheng Enterprise Co (TPE:4426), the current Receivables Turnover is 2.01 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 Li Cheng Enterprise Co (TPE:4426) Overvalued in 2026?
Based on GuruFocus' analysis, Li Cheng Enterprise Co stock appears to be undervalued.
The current stock price of NT$8.03 is trading 25.5% below its estimated GF Value™ of NT$10.78.
GuruFocus considers Li Cheng Enterprise Co to be Modestly Undervalued.
Key valuation signals for TPE:4426:
Receivables Turnover: 2.01
GF Value™: NT$10.78 vs. price of NT$8.03 (25.5% below fair value)
Industry Position: 70.7% below the Manufacturing - Apparel & Accessories median (#467 of 1037)
No single metric tells the full story. See the TPE:4426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Li Cheng Enterprise Co Ltd is mainly engaged in the wholesale and retail of fabrics, garments, and accessories, as well as spinning, weaving, dyeing, and finishing activities. The company operates through a single reporting segment, the knitted fabric dyeing and finishing division, which is mainly engaged in the manufacture and sale of three-layer mesh fabrics. Its product lines include finished fabrics, raw yarn, and other products. Geographically, the company derives maximum revenue from Taiwan, followed by Vietnam, Mainland China, and other countries.
54GF Score
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