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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 Futures's Revenue for the
three
months ended in Mar. 2026 was NT$849 Mil. Capital Futures's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$105 Mil.
Hence, Capital Futures's Receivables Turnover for the
three
months ended in Mar. 2026 was 8.12.
Capital Futures (TPE:6024) 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 Futures Receivables Turnover Related Terms
Capital Futures Receivables Turnover Historical Data
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The historical data trend for Capital Futures'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:6024 vs MS, GS, SCHW: Receivables Turnover Comparison
For the Capital Markets subindustry, Capital Futures'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 Futures Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Capital Futures's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Capital Futures'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 Futures (TPE:6024) has a Receivables Turnover of 8.12 as of Mar. 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 Capital Futures and its competitors. According to the industry distribution chart, Capital Futures ranks #128 out of 577 companies in the Capital Markets industry, placing it in the top 22.2%.
Is Capital Futures' Receivables Turnover too high?
Capital Futures' current Receivables Turnover is 8.12. The Capital Markets industry median Receivables Turnover is 6.78. Capital Futures' value of 8.12 is 19.8% above this industry median. Based on the distribution chart, Capital Futures ranks #128 out of 577 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Capital Futures has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital Futures' Receivables Turnover compare to MS and GS?
According to the Capital Markets industry distribution chart, Capital Futures ranks #128 out of 577 companies for Receivables Turnover. This places Capital Futures in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.78. Capital Futures' value of 8.12 is 19.8% above 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 6.78, based on 577 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 Futures's current Receivables Turnover of 8.12 is 19.8% above 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 Futures and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Futures's current Receivables Turnover is 8.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Futures stock overvalued right now?
Based on GuruFocus' analysis, Capital Futures (TPE:6024) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$52.28, compared to a current price of NT$59.90 — trading 14.6% above its estimated fair value. The current Receivables Turnover is 8.12 and 19.8% above the Capital Markets industry median of 6.78. Capital Futures' overall GF Score™ is 72/100 with 6 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 Futures (TPE:6024), the current Receivables Turnover is 8.12 as of Mar. 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 Capital Futures (TPE:6024) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Futures stock appears to be overvalued.
The current stock price of NT$59.90 is trading 14.6% above its estimated GF Value™ of NT$52.28.
GuruFocus considers Capital Futures to be Modestly Overvalued.
Key valuation signals for TPE:6024:
Receivables Turnover: 8.12
GF Value™: NT$52.28 vs. price of NT$59.90 (14.6% above fair value)
Industry Position: 19.8% above the Capital Markets median (#128 of 577)
No single metric tells the full story. See the TPE:6024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Futures Corp is a financial services company. The company offers futures advisory business, futures management business, leverage exchange agency, securities investment consulting, management consulting and information software service, securities business, futures advisory business, fecurities introducing brokerage, proprietary trading, and others. The company operates in a single reporting segment: the Brokerage segment and is mainly involved in the futures brokerage business.
72GF 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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