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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. Daxin Materials Co's Revenue for the
three
months ended in Jun. 2026 was NT$1,282 Mil. Daxin Materials Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was NT$1,210 Mil.
Hence, Daxin Materials Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.06.
Daxin Materials Co (TPE:5234) 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.
Daxin Materials Co Receivables Turnover Related Terms
Daxin Materials Co Receivables Turnover Historical Data
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The historical data trend for Daxin Materials 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.
TPE:5234 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Daxin Materials 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.
Daxin Materials Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Daxin Materials Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Daxin Materials 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.
Daxin Materials Co (TPE:5234) has a Receivables Turnover of 1.06 as of Jun. 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 Daxin Materials Co and its competitors. According to the industry distribution chart, Daxin Materials Co ranks #1211 out of 1583 companies in the Chemicals industry, placing it in the top 76.5%.
Is Daxin Materials Co's Receivables Turnover too high?
Daxin Materials Co's current Receivables Turnover is 1.06. The Chemicals industry median Receivables Turnover is 5.71. Daxin Materials Co's value of 1.06 is 81.4% below this industry median. Based on the distribution chart, Daxin Materials Co ranks #1211 out of 1583 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Daxin Materials Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daxin Materials Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Daxin Materials Co ranks #1211 out of 1583 companies for Receivables Turnover. This places Daxin Materials Co in the lower half of its industry. The industry median Receivables Turnover is 5.71. Daxin Materials Co's value of 1.06 is 81.4% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.71, based on 1,583 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. Daxin Materials Co's current Receivables Turnover of 1.06 is 81.4% 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 Daxin Materials Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daxin Materials Co's current Receivables Turnover is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daxin Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Daxin Materials Co (TPE:5234) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$254.68, compared to a current price of NT$303.50 — trading 19.2% above its estimated fair value. The current Receivables Turnover is 1.06 and 81.4% below the Chemicals industry median of 5.71. Daxin Materials Co's overall GF Score™ is 80/100 with 1 warning sign 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 Daxin Materials Co (TPE:5234), the current Receivables Turnover is 1.06 as of Jun. 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 Daxin Materials Co (TPE:5234) Overvalued in 2026?
Based on GuruFocus' analysis, Daxin Materials Co stock appears to be overvalued.
The current stock price of NT$303.50 is trading 19.2% above its estimated GF Value™ of NT$254.68.
GuruFocus considers Daxin Materials Co to be Modestly Overvalued.
Key valuation signals for TPE:5234:
Receivables Turnover: 1.06
GF Value™: NT$254.68 vs. price of NT$303.50 (19.2% above fair value)
Industry Position: 81.4% below the Chemicals median (#1211 of 1583)
No single metric tells the full story. See the TPE:5234 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daxin Materials Co Ltd is engaged in the research, design, manufacture, and sale of semiconductors and display-related fine chemicals. Its product portfolio consists of Semiconductor Materials which includes Laser Release Layer, Photosensitive Dielectric/Pass, High-Purity Specialty Chemical, and High-Purity Specialty Chemical; Display Materials include LCD materials, and touch panels materials; Key Raw Materials include functional monomer, and Specialty Polymer; and Instrument analysis includes analytical equipment. Geographically, it operates in Taiwan, China, and others, with Taiwan generating the majority of the revenue.
80GF Score
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