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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. Hannstar Display's Revenue for the
three
months ended in Mar. 2026 was NT$3,015 Mil. Hannstar Display's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$1,833 Mil.
Hence, Hannstar Display's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.64.
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.
Hannstar Display Receivables Turnover Related Terms
Hannstar Display Receivables Turnover Historical Data
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The historical data trend for Hannstar Display'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:6116 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Hannstar Display'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.
Hannstar Display Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Hannstar Display's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hannstar Display'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.
Hannstar Display (TPE:6116) has a Receivables Turnover of 1.64 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 Hannstar Display and its competitors. According to the industry distribution chart, Hannstar Display ranks #682 out of 2469 companies in the Hardware industry, placing it in the top 27.6%.
Is Hannstar Display's Receivables Turnover too high?
Hannstar Display's current Receivables Turnover is 1.64. The Hardware industry median Receivables Turnover is 4.90. Hannstar Display's value of 1.64 is 66.5% below this industry median. Based on the distribution chart, Hannstar Display ranks #682 out of 2469 companies in the Hardware industry, which is above the industry midpoint. Overall, Hannstar Display has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hannstar Display's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Hannstar Display ranks #682 out of 2469 companies for Receivables Turnover. This puts Hannstar Display in the upper half of its industry. The industry median Receivables Turnover is 4.90. Hannstar Display's value of 1.64 is 66.5% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,469 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. Hannstar Display's current Receivables Turnover of 1.64 is 66.5% 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 Hannstar Display and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hannstar Display's current Receivables Turnover is 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannstar Display stock overvalued right now?
Based on GuruFocus' analysis, Hannstar Display (TPE:6116) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.92, compared to a current price of NT$11.80 — trading 32.3% above its estimated fair value. The current Receivables Turnover is 1.64 and 66.5% below the Hardware industry median of 4.90. Hannstar Display's overall GF Score™ is 53/100 with 3 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 Hannstar Display (TPE:6116), the current Receivables Turnover is 1.64 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 Hannstar Display (TPE:6116) Overvalued in 2026?
Based on GuruFocus' analysis, Hannstar Display stock appears to be overvalued.
The current stock price of NT$11.80 is trading 32.3% above its estimated GF Value™ of NT$8.92.
GuruFocus considers Hannstar Display to be Significantly Overvalued.
Key valuation signals for TPE:6116:
Receivables Turnover: 1.64
GF Value™: NT$8.92 vs. price of NT$11.80 (32.3% above fair value)
Industry Position: 66.5% below the Hardware median (#682 of 2469)
No single metric tells the full story. See the TPE:6116 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hannstar Display Corp is engaged in research and development, design, manufacturing, sale and repairs of TFT-LCDs. The company has only one reportable segment, production and sale of TFT-LCD panels, flat-panel displays and CCTV. The firm has operations in Mainland China, Asia, Taiwan, Europe and Others, with the majority of its revenue from China.
53GF Score
Get the complete analysis for TPE:6116
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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