Taiwan Cogeneration (TPE:8926) Receivables Turnover: 1.49 (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:8926 Taiwan Cogeneration Corp TPE:8926
73 GF Score
Price NT$63.50
GF Value NT$43.61
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Taiwan Cogeneration Receivables Turnover?

Taiwan Cogeneration TPE:8926 -1.85% 73 Receivables Turnover is 1.49 as of Dec. 2025. GuruFocus rates TPE:8926 with a GF Score™ of 73/100 and a GF Value™ of NT$43.61 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,760 Construction companies, Taiwan Cogeneration ranks better than 58.12% 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. Taiwan Cogeneration's Revenue for the three months ended in Dec. 2025 was NT$1,967 Mil. Taiwan Cogeneration's average Accounts Receivable for the three months ended in Dec. 2025 was NT$1,322 Mil. Hence, Taiwan Cogeneration's Receivables Turnover for the three months ended in Dec. 2025 was 1.49.


Taiwan Cogeneration  (TPE:8926) 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.


Taiwan Cogeneration Receivables Turnover Related Terms


Taiwan Cogeneration Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Taiwan Cogeneration'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.

Taiwan Cogeneration Receivables Turnover Chart

Taiwan Cogeneration 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 13.23 7.63 6.96 10.63 5.98

Taiwan Cogeneration 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 2.27 1.69 1.39 0.99 1.49

TPE:8926 vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Taiwan Cogeneration'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.


Taiwan Cogeneration Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Taiwan Cogeneration's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Taiwan Cogeneration's Receivables Turnover falls into.


TPE:8926
73GF Score
Taiwan Cogeneration Corp TPE:8926
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Cogeneration Receivables Turnover Calculation

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

Taiwan Cogeneration'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 )
=7611.519 / ((872.483 + 1671.265) / 2 )
=7611.519 / 1271.874
=5.98

Taiwan Cogeneration'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 )
=1967.419 / ((973.658 + 1671.265) / 2 )
=1967.419 / 1322.4615
=1.49

* 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 1.49 mean?
Taiwan Cogeneration (TPE:8926) has a Receivables Turnover of 1.49 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 Taiwan Cogeneration and its competitors. According to the industry distribution chart, Taiwan Cogeneration ranks #737 out of 1760 companies in the Construction industry, placing it in the top 41.9%.
Is Taiwan Cogeneration's Receivables Turnover too high?
Taiwan Cogeneration's current Receivables Turnover is 1.49. The Construction industry median Receivables Turnover is 4.78. Taiwan Cogeneration's value of 1.49 is 68.8% below this industry median. Based on the distribution chart, Taiwan Cogeneration ranks #737 out of 1760 companies in the Construction industry, which is above the industry midpoint. Overall, Taiwan Cogeneration has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cogeneration's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Taiwan Cogeneration ranks #737 out of 1760 companies for Receivables Turnover. This puts Taiwan Cogeneration in the upper half of its industry. The industry median Receivables Turnover is 4.78. Taiwan Cogeneration's value of 1.49 is 68.8% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,760 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. Taiwan Cogeneration's current Receivables Turnover of 1.49 is 68.8% 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 Taiwan Cogeneration and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Cogeneration's current Receivables Turnover is 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cogeneration stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cogeneration (TPE:8926) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.61, compared to a current price of NT$63.50 — trading 45.6% above its estimated fair value. The current Receivables Turnover is 1.49 and 68.8% below the Construction industry median of 4.78. Taiwan Cogeneration's overall GF Score™ is 73/100 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 Taiwan Cogeneration (TPE:8926), the current Receivables Turnover is 1.49 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 Taiwan Cogeneration (TPE:8926) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Cogeneration stock appears to be overvalued. The current stock price of NT$63.50 is trading 45.6% above its estimated GF Value™ of NT$43.61. GuruFocus considers Taiwan Cogeneration to be Significantly Overvalued.

Key valuation signals for TPE:8926:

  • Receivables Turnover: 1.49
  • GF Value™: NT$43.61 vs. price of NT$63.50 (45.6% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 68.8% below the Construction median (#737 of 1760)

No single metric tells the full story. See the TPE:8926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Cogeneration Business Description

Address No. 392, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Taiwan Cogeneration Corp is engaged in engineering, planning, design, procurement, installation, construction and financial planning of cogeneration systems, environmental protection and fuel procurement for cogeneration systems and related businesses. The Corporation also operates and manages cogeneration plants, provides research and development, technical and consultation services related to cogeneration, and manufactures, assembles, sells, leases, installs and repairs cogeneration equipment. In addition, it invests in cogeneration plants, trades related equipment, engages in power generation businesses other than utility, and performs electric equipment installation. Its revenues are generated from sales from cogeneration plants and revenue from consulting and construction services.
73GF Score

Get the complete analysis for TPE:8926

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

NT$63.50
Price
NT$43.61
GF Value