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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. Para Light Electronics Co's Revenue for the
three
months ended in Mar. 2026 was NT$151.7 Mil. Para Light Electronics Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$185.3 Mil.
Hence, Para Light Electronics Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.82.
Para Light Electronics Co (TPE:6226) 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.
Para Light Electronics Co Receivables Turnover Related Terms
Para Light Electronics Co Receivables Turnover Historical Data
* 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.
Para Light Electronics Co Receivables Turnover Chart
TPE:6226 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Para Light Electronics Co'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.
Para Light Electronics Co Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Para Light Electronics Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Para Light Electronics Co'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.
Para Light Electronics Co (TPE:6226) has a Receivables Turnover of 0.82 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 Para Light Electronics Co and its competitors. According to the industry distribution chart, Para Light Electronics Co ranks #1922 out of 2467 companies in the Hardware industry, placing it in the top 77.9%.
Is Para Light Electronics Co's Receivables Turnover too high?
Para Light Electronics Co's current Receivables Turnover is 0.82. The Hardware industry median Receivables Turnover is 4.94. Para Light Electronics Co's value of 0.82 is 83.4% below this industry median. Based on the distribution chart, Para Light Electronics Co ranks #1922 out of 2467 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Para Light Electronics Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Para Light Electronics Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Para Light Electronics Co ranks #1922 out of 2467 companies for Receivables Turnover. This places Para Light Electronics Co in the lower half of its industry. The industry median Receivables Turnover is 4.94. Para Light Electronics Co's value of 0.82 is 83.4% 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 4.94, 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. Para Light Electronics Co's current Receivables Turnover of 0.82 is 83.4% 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 Para Light Electronics Co and its competitors. For the Hardware industry, the median Receivables Turnover is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Para Light Electronics Co's current Receivables Turnover is 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Para Light Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Para Light Electronics Co (TPE:6226) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$7.99, compared to a current price of NT$22.05 — trading 176% above its estimated fair value. The current Receivables Turnover is 0.82 and 83.4% below the Hardware industry median of 4.94. Para Light Electronics Co's overall GF Score™ is 50/100 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 Para Light Electronics Co (TPE:6226), the current Receivables Turnover is 0.82 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 Para Light Electronics Co (TPE:6226) Overvalued in 2026?
Based on GuruFocus' analysis, Para Light Electronics Co stock appears to be overvalued.
The current stock price of NT$22.05 is trading 176% above its estimated GF Value™ of NT$7.99.
GuruFocus considers Para Light Electronics Co to be Significantly Overvalued.
Key valuation signals for TPE:6226:
Receivables Turnover: 0.82
GF Value™: NT$7.99 vs. price of NT$22.05 (176% above fair value)
Industry Position: 83.4% below the Hardware median (#1922 of 2467)
No single metric tells the full story. See the TPE:6226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Para Light Electronics Co Ltd mainly engage in the manufacture, processing and sale of various LEDs and LED displays. The company's products are Visible LED, SMD LED, UV LED, PLCC LED, IR LED, Display LED, Optical Sensor, Lamp LED, Power Semiconductor, Circuit Board Indicator, Automotive LED, Infrared. The company has three segments: Segment A produces and sells LEDs, materials, and LED-related optoelectronic products; Segment B develops and manages real estate; and Segment C engages in general investment. The company generates majority of revenue from Segment A. It has presence in Asia, America, Europe, and others.
50GF Score
Get the complete analysis for TPE:6226
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