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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. Techzone Technology Materials Co's Revenue for the
six
months ended in Dec. 2025 was NT$790 Mil. Techzone Technology Materials Co's average Accounts Receivable for the
six
months ended in Dec. 2025 was NT$296 Mil.
Hence, Techzone Technology Materials Co's Receivables Turnover for the
six
months ended in Dec. 2025 was 2.67.
Techzone Technology Materials Co (TPE:6947) 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.
Techzone Technology Materials Co Receivables Turnover Related Terms
Techzone Technology Materials 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.
Techzone Technology Materials Co Receivables Turnover Chart
TPE:6947 vs WM, RSG, WCN: Receivables Turnover Comparison
For the Waste Management subindustry, Techzone Technology Materials 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.
Techzone Technology Materials Co Receivables Turnover vs Waste Management Industry
For the Waste Management industry and Industrials sector, Techzone Technology Materials Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Techzone Technology Materials 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.
Techzone Technology Materials Co (TPE:6947) has a Receivables Turnover of 2.67 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 Techzone Technology Materials Co and its competitors. According to the industry distribution chart, Techzone Technology Materials Co ranks #92 out of 235 companies in the Waste Management industry, placing it in the top 39.1%.
Is Techzone Technology Materials Co's Receivables Turnover too high?
Techzone Technology Materials Co's current Receivables Turnover is 2.67. The Waste Management industry median Receivables Turnover is 4.61. Techzone Technology Materials Co's value of 2.67 is 42.1% below this industry median. Based on the distribution chart, Techzone Technology Materials Co ranks #92 out of 235 companies in the Waste Management industry, which is above the industry midpoint. Overall, Techzone Technology Materials Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Techzone Technology Materials Co's Receivables Turnover compare to WM and RSG?
According to the Waste Management industry distribution chart, Techzone Technology Materials Co ranks #92 out of 235 companies for Receivables Turnover. This puts Techzone Technology Materials Co in the upper half of its industry. The industry median Receivables Turnover is 4.61. Techzone Technology Materials Co's value of 2.67 is 42.1% 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 4.61, based on 235 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. Techzone Technology Materials Co's current Receivables Turnover of 2.67 is 42.1% 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 Techzone Technology Materials Co and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techzone Technology Materials Co's current Receivables Turnover is 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techzone Technology Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Techzone Technology Materials Co (TPE:6947) is currently considered Possible Value Trap. The stock's GF Value™ is NT$125.11, compared to a current price of NT$78.50 — trading 37.3% below its estimated fair value. The current Receivables Turnover is 2.67 and 42.1% below the Waste Management industry median of 4.61. Techzone Technology Materials Co's overall GF Score™ is 55/100 with 11 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 Techzone Technology Materials Co (TPE:6947), the current Receivables Turnover is 2.67 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 Techzone Technology Materials Co (TPE:6947) Overvalued in 2026?
Based on GuruFocus' analysis, Techzone Technology Materials Co stock appears to be undervalued.
The current stock price of NT$78.50 is trading 37.3% below its estimated GF Value™ of NT$125.11.
GuruFocus considers Techzone Technology Materials Co to be Possible Value Trap.
Key valuation signals for TPE:6947:
Receivables Turnover: 2.67
GF Value™: NT$125.11 vs. price of NT$78.50 (37.3% below fair value)
Industry Position: 42.1% below the Waste Management median (#92 of 235)
No single metric tells the full story. See the TPE:6947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techzone Technology Materials Co Business Description
Techzone Technology Materials Co Ltd provides waste treatment and disposal solutions. The company operates an industrial waste treatment center combining incineration treatment, waste heat recovery, and distillation recycling.
55GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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