Bonny Worldwide (TPE:8467) Receivables Turnover: 1.12 (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:8467 Bonny Worldwide Ltd TPE:8467
81 GF Score
Price NT$103.00
GF Value NT$176.69
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Bonny Worldwide Receivables Turnover?

Bonny Worldwide TPE:8467 +0.98% 81 Receivables Turnover is 1.12 as of Dec. 2025. GuruFocus rates TPE:8467 with a GF Score™ of 81/100 and a GF Value™ of NT$176.69 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 832 Travel & Leisure companies, Bonny Worldwide ranks worse than 81.49% 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. Bonny Worldwide's Revenue for the three months ended in Dec. 2025 was NT$428 Mil. Bonny Worldwide's average Accounts Receivable for the three months ended in Dec. 2025 was NT$382 Mil. Hence, Bonny Worldwide's Receivables Turnover for the three months ended in Dec. 2025 was 1.12.


Bonny Worldwide  (TPE:8467) 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.


Bonny Worldwide Receivables Turnover Related Terms


Bonny Worldwide Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Bonny Worldwide'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.

Bonny Worldwide Receivables Turnover Chart

Bonny Worldwide 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 7.76 7.74 6.47 5.29 5.69

Bonny Worldwide 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 1.26 1.21 1.51 1.40 1.12

TPE:8467 vs AS, HAS, LTH: Receivables Turnover Comparison

For the Leisure subindustry, Bonny Worldwide'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.


Bonny Worldwide Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bonny Worldwide's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bonny Worldwide's Receivables Turnover falls into.


TPE:8467
81GF Score
Bonny Worldwide Ltd TPE:8467
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bonny Worldwide Receivables Turnover Calculation

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

Bonny Worldwide'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 )
=2432.646 / ((582.999 + 272.401) / 2 )
=2432.646 / 427.7
=5.69

Bonny Worldwide'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 )
=427.88 / ((491.293 + 272.401) / 2 )
=427.88 / 381.847
=1.12

* 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 1.12 mean?
Bonny Worldwide (TPE:8467) has a Receivables Turnover of 1.12 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 Bonny Worldwide and its competitors. According to the industry distribution chart, Bonny Worldwide ranks #678 out of 832 companies in the Travel & Leisure industry, placing it in the top 81.5%.
Is Bonny Worldwide's Receivables Turnover too high?
Bonny Worldwide's current Receivables Turnover is 1.12. The Travel & Leisure industry median Receivables Turnover is 14.10. Bonny Worldwide's value of 1.12 is 92.1% below this industry median. Based on the distribution chart, Bonny Worldwide ranks #678 out of 832 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Bonny Worldwide has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bonny Worldwide's Receivables Turnover compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Bonny Worldwide ranks #678 out of 832 companies for Receivables Turnover. This places Bonny Worldwide in the lower half of its industry. The industry median Receivables Turnover is 14.10. Bonny Worldwide's value of 1.12 is 92.1% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.10, based on 832 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. Bonny Worldwide's current Receivables Turnover of 1.12 is 92.1% 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 Bonny Worldwide and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bonny Worldwide's current Receivables Turnover is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonny Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Bonny Worldwide (TPE:8467) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$176.69, compared to a current price of NT$103.00 — trading 41.7% below its estimated fair value. The current Receivables Turnover is 1.12 and 92.1% below the Travel & Leisure industry median of 14.10. Bonny Worldwide's overall GF Score™ is 81/100 with 2 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 Bonny Worldwide (TPE:8467), the current Receivables Turnover is 1.12 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 Bonny Worldwide (TPE:8467) Overvalued in 2026?

Based on GuruFocus' analysis, Bonny Worldwide stock appears to be undervalued. The current stock price of NT$103.00 is trading 41.7% below its estimated GF Value™ of NT$176.69. GuruFocus considers Bonny Worldwide to be Significantly Undervalued.

Key valuation signals for TPE:8467:

  • Receivables Turnover: 1.12
  • GF Value™: NT$176.69 vs. price of NT$103.00 (41.7% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 92.1% below the Travel & Leisure median (#678 of 832)

No single metric tells the full story. See the TPE:8467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonny Worldwide Business Description

Address No. 15, Lane. 64, Minsheng Street, Tanzi District, Taichung, TWN, 427
Bonny Worldwide Ltd is mainly engaged in the research, development, design, manufacture and sale of carbon fiber composite products. The company derives the majority of its revenue from North America, and the rest from Mainland China, Taiwan, and other geographical regions.
81GF Score

Get the complete analysis for TPE:8467

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

NT$103.00
Price
NT$176.69
GF Value