Chung Tai Resource Technology (TPE:6923) Receivables Turnover: 1.67 (As of Dec. 2025)

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:6923 Chung Tai Resource Technology Corp TPE:6923
70 GF Score
Price NT$77.60
GF Value NT$89.83
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Chung Tai Resource Technology Receivables Turnover?

Chung Tai Resource Technology TPE:6923 -1.52% 70 Receivables Turnover is 1.67 as of Dec. 2025. GuruFocus rates TPE:6923 with a GF Score™ of 70/100 and a GF Value™ of NT$89.83 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 234 Waste Management companies, Chung Tai Resource Technology ranks better than 70.51% 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. Chung Tai Resource Technology's Revenue for the three months ended in Dec. 2025 was NT$296 Mil. Chung Tai Resource Technology's average Accounts Receivable for the three months ended in Dec. 2025 was NT$177 Mil. Hence, Chung Tai Resource Technology's Receivables Turnover for the three months ended in Dec. 2025 was 1.67.


Chung Tai Resource Technology  (TPE:6923) 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.


Chung Tai Resource Technology Receivables Turnover Related Terms


Chung Tai Resource Technology Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Chung Tai Resource Technology'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.

Chung Tai Resource Technology Receivables Turnover Chart

Chung Tai Resource Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 5.51 6.78 8.52 10.14 6.17

Chung Tai Resource Technology Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.73 1.78 1.78 1.73 1.67

TPE:6923 vs WM, RSG, WCN: Receivables Turnover Comparison

For the Waste Management subindustry, Chung Tai Resource Technology'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.


Chung Tai Resource Technology Receivables Turnover vs Waste Management Industry

For the Waste Management industry and Industrials sector, Chung Tai Resource Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chung Tai Resource Technology's Receivables Turnover falls into.


TPE:6923
70GF Score
Chung Tai Resource Technology Corp TPE:6923
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chung Tai Resource Technology Receivables Turnover Calculation

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

Chung Tai Resource Technology'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 )
=1155.508 / ((183.236 + 191.221) / 2 )
=1155.508 / 187.2285
=6.17

Chung Tai Resource Technology's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=295.546 / ((163.734 + 191.221) / 2 )
=295.546 / 177.4775
=1.67

* 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 1.67 mean?
Chung Tai Resource Technology (TPE:6923) has a Receivables Turnover of 1.67 as of Dec. 2025. 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 Chung Tai Resource Technology and its competitors. According to the industry distribution chart, Chung Tai Resource Technology ranks #69 out of 234 companies in the Waste Management industry, placing it in the top 29.5%.
Is Chung Tai Resource Technology's Receivables Turnover too high?
Chung Tai Resource Technology's current Receivables Turnover is 1.67. The Waste Management industry median Receivables Turnover is 4.70. Chung Tai Resource Technology's value of 1.67 is 64.5% below this industry median. Based on the distribution chart, Chung Tai Resource Technology ranks #69 out of 234 companies in the Waste Management industry, which is above the industry midpoint. Overall, Chung Tai Resource Technology has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chung Tai Resource Technology's Receivables Turnover compare to WM and RSG?
According to the Waste Management industry distribution chart, Chung Tai Resource Technology ranks #69 out of 234 companies for Receivables Turnover. This puts Chung Tai Resource Technology in the upper half of its industry. The industry median Receivables Turnover is 4.70. Chung Tai Resource Technology's value of 1.67 is 64.5% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.70, based on 234 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. Chung Tai Resource Technology's current Receivables Turnover of 1.67 is 64.5% 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 Chung Tai Resource Technology and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chung Tai Resource Technology's current Receivables Turnover is 1.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chung Tai Resource Technology stock overvalued right now?
Based on GuruFocus' analysis, Chung Tai Resource Technology (TPE:6923) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$89.83, compared to a current price of NT$77.60 — trading 13.6% below its estimated fair value. The current Receivables Turnover is 1.67 and 64.5% below the Waste Management industry median of 4.70. Chung Tai Resource Technology's overall GF Score™ is 70/100 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 Chung Tai Resource Technology (TPE:6923), the current Receivables Turnover is 1.67 as of Dec. 2025. 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 Chung Tai Resource Technology (TPE:6923) Overvalued in 2026?

Based on GuruFocus' analysis, Chung Tai Resource Technology stock appears to be undervalued. The current stock price of NT$77.60 is trading 13.6% below its estimated GF Value™ of NT$89.83. GuruFocus considers Chung Tai Resource Technology to be Modestly Undervalued.

Key valuation signals for TPE:6923:

  • Receivables Turnover: 1.67
  • GF Value™: NT$89.83 vs. price of NT$77.60 (13.6% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 64.5% below the Waste Management median (#69 of 234)

No single metric tells the full story. See the TPE:6923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chung Tai Resource Technology Business Description

Address No. 328, Huanke Road, Guanyin District, Taoyuan, TWN, 328451
Chung Tai Resource Technology Corp is mainly engaged in waste disposal and treatment, recycling of waste lighting sources, and recycling of waste printed circuit boards. The company operates in two segments: Waste Disposal Treatments and Circular Economy, and Environmental Construction Services. A majority of its revenue is generated from the Waste Disposal Treatments and Circular Economy segment, which engages in waste disposal and treatment services, recycling of waste lighting sources, recycling of waste printed circuit boards, and electricity generation by waste heat. The Environmental Construction Services segment engages in soil and groundwater pollution remediation services. Geographically, it derives maximum revenue from Taiwan and the rest from Japan.
70GF Score

Get the complete analysis for TPE:6923

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

NT$77.60
Price
NT$89.83
GF Value