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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. In Win Development's Revenue for the
three
months ended in Mar. 2026 was NT$839 Mil. In Win Development's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$593 Mil.
Hence, In Win Development's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.42.
In Win Development (TPE:6117) 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.
In Win Development Receivables Turnover Related Terms
In Win Development Receivables Turnover Historical Data
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The historical data trend for In Win Development'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:6117 vs DELL, ANET, SNDK: Receivables Turnover Comparison
For the Computer Hardware subindustry, In Win Development'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.
In Win Development Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, In Win Development's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where In Win Development'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.
In Win Development (TPE:6117) has a Receivables Turnover of 1.42 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 In Win Development and its competitors. According to the industry distribution chart, In Win Development ranks #1000 out of 2467 companies in the Hardware industry, placing it in the top 40.5%.
Is In Win Development's Receivables Turnover too high?
In Win Development's current Receivables Turnover is 1.42. The Hardware industry median Receivables Turnover is 4.90. In Win Development's value of 1.42 is 71% below this industry median. Based on the distribution chart, In Win Development ranks #1000 out of 2467 companies in the Hardware industry, which is above the industry midpoint. Overall, In Win Development has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does In Win Development's Receivables Turnover compare to DELL and ANET?
According to the Hardware industry distribution chart, In Win Development ranks #1000 out of 2467 companies for Receivables Turnover. This puts In Win Development in the upper half of its industry. The industry median Receivables Turnover is 4.90. In Win Development's value of 1.42 is 71% 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 2,467 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. In Win Development's current Receivables Turnover of 1.42 is 71% 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 In Win Development 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. In Win Development's current Receivables Turnover is 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is In Win Development stock overvalued right now?
Based on GuruFocus' analysis, In Win Development (TPE:6117) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$99.94, compared to a current price of NT$64.50 — trading 35.5% below its estimated fair value. The current Receivables Turnover is 1.42 and 71% below the Hardware industry median of 4.90. In Win Development's overall GF Score™ is 65/100 with 5 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 In Win Development (TPE:6117), the current Receivables Turnover is 1.42 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 In Win Development (TPE:6117) Overvalued in 2026?
Based on GuruFocus' analysis, In Win Development stock appears to be undervalued.
The current stock price of NT$64.50 is trading 35.5% below its estimated GF Value™ of NT$99.94.
GuruFocus considers In Win Development to be Significantly Undervalued.
Key valuation signals for TPE:6117:
Receivables Turnover: 1.42
GF Value™: NT$99.94 vs. price of NT$64.50 (35.5% below fair value)
Industry Position: 71% below the Hardware median (#1000 of 2467)
No single metric tells the full story. See the TPE:6117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
In Win Development Inc is engaged in the processing, manufacturing, and trading of computer and peripheral equipment, plastic products, etc., and the manufacturing, baking, and trading of mechanical hardware parts. Its products include Gaming Chassis, Computer Chassis, Gaming Power Supply, PC Power Supply, IPC/Server, iBuildiShare, and Cooling. Geographically, it operates in Europe, the USA, Japan, Taiwan, and Other countries, with the majority of the revenue deriving from Taiwan.
65GF Score
Get the complete analysis for TPE:6117
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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