Global Brands Manufacture (TPE:6191) Receivables Turnover: 0.97 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:6191 Global Brands Manufacture Ltd TPE:6191
86 GF Score
Price NT$88.40
GF Value NT$108.89
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Global Brands Manufacture Receivables Turnover?

Global Brands Manufacture TPE:6191 -0.56% 86 Receivables Turnover is 0.97 as of Mar. 2026. GuruFocus rates TPE:6191 with a GF Score™ of 86/100 and a GF Value™ of NT$108.89 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,470 Hardware companies, Global Brands Manufacture ranks worse than 61.38% on this metric.

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. Global Brands Manufacture's Revenue for the three months ended in Mar. 2026 was NT$9,340 Mil. Global Brands Manufacture's average Accounts Receivable for the three months ended in Mar. 2026 was NT$9,590 Mil. Hence, Global Brands Manufacture's Receivables Turnover for the three months ended in Mar. 2026 was 0.97.


Global Brands Manufacture  (TPE:6191) 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.


Global Brands Manufacture Receivables Turnover Related Terms


Global Brands Manufacture Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Global Brands Manufacture'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.

Global Brands Manufacture Receivables Turnover Chart

Global Brands Manufacture Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 3.08 3.26 3.23 4.27

Global Brands Manufacture Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 1.21 1.02 1.00 0.97

TPE:6191 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, Global Brands Manufacture'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.


Global Brands Manufacture Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Global Brands Manufacture's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Global Brands Manufacture's Receivables Turnover falls into.


TPE:6191
86GF Score
Global Brands Manufacture Ltd TPE:6191
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Brands Manufacture Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Global Brands Manufacture's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=33712.142 / ((6648.748 + 9125.392) / 2 )
=33712.142 / 7887.07
=4.27

Global Brands Manufacture's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=9340.071 / ((9125.392 + 10054.5) / 2 )
=9340.071 / 9589.946
=0.97

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.97 mean?
Global Brands Manufacture (TPE:6191) has a Receivables Turnover of 0.97 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 Global Brands Manufacture and its competitors. According to the industry distribution chart, Global Brands Manufacture ranks #1516 out of 2470 companies in the Hardware industry, placing it in the top 61.4%.
Is Global Brands Manufacture's Receivables Turnover too high?
Global Brands Manufacture's current Receivables Turnover is 0.97. The Hardware industry median Receivables Turnover is 4.89. Global Brands Manufacture's value of 0.97 is 80.2% below this industry median. Based on the distribution chart, Global Brands Manufacture ranks #1516 out of 2470 companies in the Hardware industry, which is below the industry midpoint. Overall, Global Brands Manufacture has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global Brands Manufacture's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Global Brands Manufacture ranks #1516 out of 2470 companies for Receivables Turnover. This places Global Brands Manufacture in the lower half of its industry. The industry median Receivables Turnover is 4.89. Global Brands Manufacture's value of 0.97 is 80.2% 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 4.89, based on 2,470 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. Global Brands Manufacture's current Receivables Turnover of 0.97 is 80.2% 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 Global Brands Manufacture and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Brands Manufacture's current Receivables Turnover is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Brands Manufacture stock overvalued right now?
Based on GuruFocus' analysis, Global Brands Manufacture (TPE:6191) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$108.89, compared to a current price of NT$88.40 — trading 18.8% below its estimated fair value. The current Receivables Turnover is 0.97 and 80.2% below the Hardware industry median of 4.89. Global Brands Manufacture's overall GF Score™ is 86/100 with 4 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 Global Brands Manufacture (TPE:6191), the current Receivables Turnover is 0.97 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 Global Brands Manufacture (TPE:6191) Overvalued in 2026?

Based on GuruFocus' analysis, Global Brands Manufacture stock appears to be undervalued. The current stock price of NT$88.40 is trading 18.8% below its estimated GF Value™ of NT$108.89. GuruFocus considers Global Brands Manufacture to be Modestly Undervalued.

Key valuation signals for TPE:6191:

  • Receivables Turnover: 0.97
  • GF Value™: NT$108.89 vs. price of NT$88.40 (18.8% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 80.2% below the Hardware median (#1516 of 2470)

No single metric tells the full story. See the TPE:6191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Brands Manufacture Business Description

Address No. 48-3, Minquan Road, 4th Floor, Xindian District, New Taipei, TWN, 231023
Global Brands Manufacture Ltd is mainly engaged in the manufacturer specializing in Printed Circuit Boards (PCB) and Electronic Manufacturing Services (EMS). The company serves a diverse range of markets, including information, communication, automobile, and consumer electronics. Its geographical segments are Asia, America, and Europe, of which the majority of its revenue comes from Asia.
86GF Score

Get the complete analysis for TPE:6191

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$88.40
Price
NT$108.89
GF Value