TST Group Holding (TPE:4439) Receivables Turnover : 2.17 (As of Mar. 2025)

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What is TST Group Holding Receivables Turnover?

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. TST Group Holding's Revenue for the three months ended in Mar. 2025 was NT$1,776 Mil. TST Group Holding's average Accounts Receivable for the three months ended in Mar. 2025 was NT$820 Mil. Hence, TST Group Holding's Receivables Turnover for the three months ended in Mar. 2025 was 2.17.

TST Group Holding Receivables Turnover Historical Data

The historical data trend for TST Group Holding'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.

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TST Group Holding Receivables Turnover Chart

TST Group Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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6.58

7.94

8.62

8.67

9.09

TST Group Holding Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															1.97	1.69	1.59	1.60	2.17

Competitive Comparison of TST Group Holding's Receivables Turnover

For the Textile Manufacturing subindustry, TST Group Holding'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.

TST Group Holding's Receivables Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TST Group Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where TST Group Holding's Receivables Turnover falls into.

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TST Group Holding Receivables Turnover Calculation

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

TST Group Holding's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	5417.556	/ (	(576.522	+	615.799)	/	2 )
=	5417.556	/	596.1605
=	9.09

TST Group Holding's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	1776.427	/ (	(615.799	+	1023.291)	/	2 )
=	1776.427	/	819.545
=	2.17

TST Group Holding (TPE:4439) 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.

TST Group Holding Receivables Turnover Related Terms

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TST Group Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » TST Group Holding Ltd (TPE:4439) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 178, Section 2, Nanjing East Road, 7th Floor, Zhongshan District, Taipei, TWN, 104

Website

https://www.tstco.com.hk

TST Group Holding Ltd is engaged in manufacturing, and trading of cotton fabric in the textile industry. The company's products are raw materials such as greige and colored fabrics for the midstream and upstream of the textile industry. The company's geographical segment includes China, Singapore, Taiwan, Hong Kong, Thailand, Korea, Cambodia, Vietnam, and others. The company derives a majority of its revenue from Taiwan.

TST Group Holding Headlines

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