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Lai Yih Footwear CoTPE:6890 +2.87%21 Receivables Turnover is 1.15 as of Mar. 2026. GuruFocus rates TPE:6890 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, Lai Yih Footwear Co ranks worse than 58.33% 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. Lai Yih Footwear Co's Revenue for the
three
months ended in Mar. 2026 was NT$7,078 Mil. Lai Yih Footwear Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$6,136 Mil.
Hence, Lai Yih Footwear Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.15.
Lai Yih Footwear Co (TPE:6890) 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.
Lai Yih Footwear Co Receivables Turnover Related Terms
Lai Yih Footwear Co Receivables Turnover Historical Data
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The historical data trend for Lai Yih Footwear Co'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:6890 vs NKE, DECK, ONON: Receivables Turnover Comparison
For the Footwear & Accessories subindustry, Lai Yih Footwear 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.
Lai Yih Footwear Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lai Yih Footwear Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Lai Yih Footwear 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.
Lai Yih Footwear Co (TPE:6890) has a Receivables Turnover of 1.15 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 Lai Yih Footwear Co and its competitors. According to the industry distribution chart, Lai Yih Footwear Co ranks #602 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 58.3%.
Is Lai Yih Footwear Co's Receivables Turnover too high?
Lai Yih Footwear Co's current Receivables Turnover is 1.15. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Lai Yih Footwear Co's value of 1.15 is 83.3% below this industry median. Based on the distribution chart, Lai Yih Footwear Co ranks #602 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Lai Yih Footwear Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Lai Yih Footwear Co's Receivables Turnover compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lai Yih Footwear Co ranks #602 out of 1032 companies for Receivables Turnover. This places Lai Yih Footwear Co in the lower half of its industry. The industry median Receivables Turnover is 6.89. Lai Yih Footwear Co's value of 1.15 is 83.3% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,032 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. Lai Yih Footwear Co's current Receivables Turnover of 1.15 is 83.3% 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 Lai Yih Footwear Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lai Yih Footwear Co's current Receivables Turnover is 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Yih Footwear Co stock overvalued right now?
Lai Yih Footwear Co (TPE:6890) has a current Receivables Turnover of 1.15. The current Receivables Turnover is 1.15 and 83.3% below the Manufacturing - Apparel & Accessories industry median of 6.89. Lai Yih Footwear Co's overall GF Score™ is 21/100 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 Lai Yih Footwear Co (TPE:6890), the current Receivables Turnover is 1.15 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.
Lai Yih Footwear Co Ltd specializes in producing various high-end casual shoes, sports shoes, other special function shoes, and other footwear products. It cooperates with many familiar international brands such as Adidas, Converse, Vans, The North Face, and Hoka. The company generates a majority of its revenue from the United States and the rest from China, Germany, Belgium, Indonesia, and other regions.
21GF Score
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