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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. Capital Securities's Revenue for the
three
months ended in Dec. 2025 was NT$8,870 Mil. Capital Securities's average Accounts Receivable for the
three
months ended in Dec. 2025 was NT$25,315 Mil.
Hence, Capital Securities's Receivables Turnover for the
three
months ended in Dec. 2025 was 0.35.
Capital Securities (TPE:6005) 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.
Capital Securities Receivables Turnover Related Terms
Capital Securities Receivables Turnover Historical Data
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The historical data trend for Capital Securities'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:6005 vs MS, GS, SCHW: Receivables Turnover Comparison
For the Capital Markets subindustry, Capital Securities'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.
Capital Securities Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Capital Securities's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Capital Securities'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.
Capital Securities (TPE:6005) has a Receivables Turnover of 0.35 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 Capital Securities and its competitors. According to the industry distribution chart, Capital Securities ranks #474 out of 578 companies in the Capital Markets industry, placing it in the top 82%.
Is Capital Securities' Receivables Turnover too high?
Capital Securities' current Receivables Turnover is 0.35. The Capital Markets industry median Receivables Turnover is 6.82. Capital Securities' value of 0.35 is 94.9% below this industry median. Based on the distribution chart, Capital Securities ranks #474 out of 578 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Capital Securities has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Capital Securities' Receivables Turnover compare to MS and GS?
According to the Capital Markets industry distribution chart, Capital Securities ranks #474 out of 578 companies for Receivables Turnover. This places Capital Securities in the lower half of its industry. The industry median Receivables Turnover is 6.82. Capital Securities' value of 0.35 is 94.9% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.82, based on 578 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. Capital Securities's current Receivables Turnover of 0.35 is 94.9% 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 Capital Securities and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Securities's current Receivables Turnover is 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Securities stock overvalued right now?
Based on GuruFocus' analysis, Capital Securities (TPE:6005) is currently considered Fairly Valued. The stock's GF Value™ is NT$32.19, compared to a current price of NT$34.80 — trading 8.1% above its estimated fair value. The current Receivables Turnover is 0.35 and 94.9% below the Capital Markets industry median of 6.82. Capital Securities' overall GF Score™ is 79/100 with 8 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 Capital Securities (TPE:6005), the current Receivables Turnover is 0.35 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 Capital Securities (TPE:6005) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Securities stock appears to be overvalued.
The current stock price of NT$34.80 is trading 8.1% above its estimated GF Value™ of NT$32.19.
GuruFocus considers Capital Securities to be Fairly Valued.
Key valuation signals for TPE:6005:
Receivables Turnover: 0.35
GF Value™: NT$32.19 vs. price of NT$34.80 (8.1% above fair value)
Industry Position: 94.9% below the Capital Markets median (#474 of 578)
No single metric tells the full story. See the TPE:6005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Securities Corp is a Taiwan-based securities company engaged in brokerage, underwriting, proprietary trading, and derivatives businesses. It operates in segments such as the Brokerage segment, which is engaged in brokerage trading, margin trading, and securities lending business. Corporate financing segment: Engaged in providing advisory on initial public offering or to register on the emerging or listed market, securities underwriting and sales, corporate finance, mergers and acquisitions. Dealing segment: Engaged in trading securities and related listed stock instruments on a proprietary basis. Derivative instrument segment: Engaged in the investment, consultancy, and issuance of derivative instruments. Futures: Engaged in the business of domestic futures brokerage services.
79GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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