Chien Shing Harbour Service Co (TPE:8367) Receivables Turnover: 1.92 (As of Dec. 2025)

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TPE:8367 Chien Shing Harbour Service Co Ltd TPE:8367
74 GF Score
Price NT$40.30
GF Value NT$68.29
Valuation Possible Value Trap
! 6 Warning Signs
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What is Chien Shing Harbour Service Co Receivables Turnover?

Chien Shing Harbour Service Co TPE:8367 -0.49% 74 Receivables Turnover is 1.92 as of Dec. 2025. GuruFocus rates TPE:8367 with a GF Score™ of 74/100 and a GF Value™ of NT$68.29 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 996 Transportation companies, Chien Shing Harbour Service Co ranks worse than 52.51% 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. Chien Shing Harbour Service Co's Revenue for the three months ended in Dec. 2025 was NT$867 Mil. Chien Shing Harbour Service Co's average Accounts Receivable for the three months ended in Dec. 2025 was NT$451 Mil. Hence, Chien Shing Harbour Service Co's Receivables Turnover for the three months ended in Dec. 2025 was 1.92.


Chien Shing Harbour Service Co  (TPE:8367) 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.


Chien Shing Harbour Service Co Receivables Turnover Related Terms


Chien Shing Harbour Service Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Chien Shing Harbour Service 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.

Chien Shing Harbour Service Co Receivables Turnover Chart

Chien Shing Harbour Service Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.28 6.58 5.72 6.63 7.39

Chien Shing Harbour Service Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only 1.93 1.82 1.82 1.85 1.92

Chien Shing Harbour Service Co Receivables Turnover Competitor Comparison

For the Marine Shipping subindustry, Chien Shing Harbour Service 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.


Chien Shing Harbour Service Co Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Chien Shing Harbour Service Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chien Shing Harbour Service Co's Receivables Turnover falls into.


TPE:8367
74GF Score
Chien Shing Harbour Service Co Ltd TPE:8367
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Chien Shing Harbour Service Co Receivables Turnover Calculation

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

Chien Shing Harbour Service 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 )
=3244.666 / ((421.636 + 456.341) / 2 )
=3244.666 / 438.9885
=7.39

Chien Shing Harbour Service 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 )
=866.53 / ((445.259 + 456.341) / 2 )
=866.53 / 450.8
=1.92

* 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 1.92 mean?
Chien Shing Harbour Service Co (TPE:8367) has a Receivables Turnover of 1.92 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 Chien Shing Harbour Service Co and its competitors. According to the industry distribution chart, Chien Shing Harbour Service Co ranks #523 out of 996 companies in the Transportation industry, placing it in the top 52.5%.
Is Chien Shing Harbour Service Co's Receivables Turnover too high?
Chien Shing Harbour Service Co's current Receivables Turnover is 1.92. The Transportation industry median Receivables Turnover is 7.74. Chien Shing Harbour Service Co's value of 1.92 is 75.2% below this industry median. Based on the distribution chart, Chien Shing Harbour Service Co ranks #523 out of 996 companies in the Transportation industry, which is below the industry midpoint. Overall, Chien Shing Harbour Service Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chien Shing Harbour Service Co's Receivables Turnover compare to competitors?
According to the Transportation industry distribution chart, Chien Shing Harbour Service Co ranks #523 out of 996 companies for Receivables Turnover. This places Chien Shing Harbour Service Co in the lower half of its industry. The industry median Receivables Turnover is 7.74. Chien Shing Harbour Service Co's value of 1.92 is 75.2% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 996 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. Chien Shing Harbour Service Co's current Receivables Turnover of 1.92 is 75.2% 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 Chien Shing Harbour Service Co and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chien Shing Harbour Service Co's current Receivables Turnover is 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chien Shing Harbour Service Co stock overvalued right now?
Based on GuruFocus' analysis, Chien Shing Harbour Service Co (TPE:8367) is currently considered Possible Value Trap. The stock's GF Value™ is NT$68.29, compared to a current price of NT$40.30 — trading 41% below its estimated fair value. The current Receivables Turnover is 1.92 and 75.2% below the Transportation industry median of 7.74. Chien Shing Harbour Service Co's overall GF Score™ is 74/100 with 6 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 Chien Shing Harbour Service Co (TPE:8367), the current Receivables Turnover is 1.92 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 Chien Shing Harbour Service Co (TPE:8367) Overvalued in 2026?

Based on GuruFocus' analysis, Chien Shing Harbour Service Co stock appears to be undervalued. The current stock price of NT$40.30 is trading 41% below its estimated GF Value™ of NT$68.29. GuruFocus considers Chien Shing Harbour Service Co to be Possible Value Trap.

Key valuation signals for TPE:8367:

  • Receivables Turnover: 1.92
  • GF Value™: NT$68.29 vs. price of NT$40.30 (41% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 75.2% below the Transportation median (#523 of 996)

No single metric tells the full story. See the TPE:8367 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chien Shing Harbour Service Co Business Description

Address Lingang Road, No. 68, Section 3, Wuqi District, Taichung, TWN, 435
Chien Shing Harbour Service Co Ltd is a Taiwan-based shipping company. The main business activities of the company include warehousing service, operation of gas stations, sale of gasoline and diesel, operation of convenience stores, automobile cargo transportation, automobile container transport, container leasing, operation of the container terminal, customs brokerage, and vessel stevedoring service. The group has four operating segments - The warehousing segment, the Customs brokerage department, the Transportation segment and the Vessel stevedoring segment. The majority is from the vessel stevedoring segment, which is responsible for stevedoring of break bulk cargo for businesses and shipping companies locally and abroad.
74GF Score

Get the complete analysis for TPE:8367

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

NT$40.30
Price
NT$68.29
GF Value