Horizon Fixture Group Co (TPE:6957) Receivables Turnover: 1.26 (As of Dec. 2025)

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TPE:6957 Horizon Fixture Group Co Ltd TPE:6957
22 GF Score
Price NT$216.00
! 8 Warning Signs
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What is Horizon Fixture Group Co Receivables Turnover?

Horizon Fixture Group Co TPE:6957 -6.09% 22 Receivables Turnover is 1.26 as of Dec. 2025. GuruFocus rates TPE:6957 with a GF Score™ of 22/100. The stock has 8 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, Horizon Fixture Group Co ranks worse than 72.62% 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. Horizon Fixture Group Co's Revenue for the three months ended in Dec. 2025 was NT$1,150 Mil. Horizon Fixture Group Co's average Accounts Receivable for the three months ended in Dec. 2025 was NT$913 Mil. Hence, Horizon Fixture Group Co's Receivables Turnover for the three months ended in Dec. 2025 was 1.26.


Horizon Fixture Group Co  (TPE:6957) 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.


Horizon Fixture Group Co Receivables Turnover Related Terms


Horizon Fixture Group Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Horizon Fixture Group 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.

Horizon Fixture Group Co Receivables Turnover Chart

Horizon Fixture Group Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
4.25 5.37 6.55 6.07 3.78

Horizon Fixture Group Co Quarterly Data
Dec21 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 1.29 1.21 1.73 1.69 1.26

TPE:6957 vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Horizon Fixture Group 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.


Horizon Fixture Group Co Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Horizon Fixture Group Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Horizon Fixture Group Co's Receivables Turnover falls into.


TPE:6957
22GF Score
Horizon Fixture Group Co Ltd TPE:6957
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Horizon Fixture Group Co Receivables Turnover Calculation

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

Horizon Fixture Group Co'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 )
=3823.823 / ((925.939 + 1097.15) / 2 )
=3823.823 / 1011.5445
=3.78

Horizon Fixture Group Co'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 )
=1150.232 / ((728.14 + 1097.15) / 2 )
=1150.232 / 912.645
=1.26

* 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 1.26 mean?
Horizon Fixture Group Co (TPE:6957) has a Receivables Turnover of 1.26 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 Horizon Fixture Group Co and its competitors. According to the industry distribution chart, Horizon Fixture Group Co ranks #313 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 72.6%.
Is Horizon Fixture Group Co's Receivables Turnover too high?
Horizon Fixture Group Co's current Receivables Turnover is 1.26. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.13. Horizon Fixture Group Co's value of 1.26 is 82.3% below this industry median. Based on the distribution chart, Horizon Fixture Group Co ranks #313 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Horizon Fixture Group Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Fixture Group Co's Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Horizon Fixture Group Co ranks #313 out of 431 companies for Receivables Turnover. This places Horizon Fixture Group Co in the lower half of its industry. The industry median Receivables Turnover is 7.13. Horizon Fixture Group Co's value of 1.26 is 82.3% 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.13, based on 431 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. Horizon Fixture Group Co's current Receivables Turnover of 1.26 is 82.3% 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 Horizon Fixture Group Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Fixture Group Co's current Receivables Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Fixture Group Co stock overvalued right now?
Horizon Fixture Group Co (TPE:6957) has a current Receivables Turnover of 1.26. The current Receivables Turnover is 1.26 and 82.3% below the Furnishings, Fixtures & Appliances industry median of 7.13. Horizon Fixture Group Co's overall GF Score™ is 22/100 with 8 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 Horizon Fixture Group Co (TPE:6957), the current Receivables Turnover is 1.26 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.

Horizon Fixture Group Co Business Description

Address No. 122, Chenggong 3rd Road, Nantou County, Nantou, TWN, 540028
Horizon Fixture Group Co Ltd is engaged in the design, manufacturing, and sale of retail store display fixtures and related products. The group provides customized in-store display solutions, including shelving systems, kiosks, modular stands, and other display fixtures, along with installation and delivery services. Its operations include iron and wood manufacturing and related logistics services.
22GF Score

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

NT$216.00
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