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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. Medtecs International's Revenue for the
six
months ended in Dec. 2025 was NT$1,333 Mil. Medtecs International's average Accounts Receivable for the
six
months ended in Dec. 2025 was NT$613 Mil.
Hence, Medtecs International's Receivables Turnover for the
six
months ended in Dec. 2025 was 2.18.
Medtecs International (TPE:9103) 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.
Medtecs International Receivables Turnover Related Terms
Medtecs International Receivables Turnover Historical Data
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The historical data trend for Medtecs International'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.
TPE:9103 vs ISRG, BDX, MDLN: Receivables Turnover Comparison
For the Medical Instruments & Supplies subindustry, Medtecs International'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.
Medtecs International Receivables Turnover vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medtecs International's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Medtecs International'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.
Medtecs International (TPE:9103) has a Receivables Turnover of 2.18 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 Medtecs International and its competitors. According to the industry distribution chart, Medtecs International ranks #535 out of 813 companies in the Medical Devices & Instruments industry, placing it in the top 65.8%.
Is Medtecs International's Receivables Turnover too high?
Medtecs International's current Receivables Turnover is 2.18. The Medical Devices & Instruments industry median Receivables Turnover is 5.60. Medtecs International's value of 2.18 is 61.1% below this industry median. Based on the distribution chart, Medtecs International ranks #535 out of 813 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Medtecs International has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Medtecs International's Receivables Turnover compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Medtecs International ranks #535 out of 813 companies for Receivables Turnover. This places Medtecs International in the lower half of its industry. The industry median Receivables Turnover is 5.60. Medtecs International's value of 2.18 is 61.1% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.60, based on 813 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. Medtecs International's current Receivables Turnover of 2.18 is 61.1% 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 Medtecs International and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medtecs International's current Receivables Turnover is 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medtecs International stock overvalued right now?
Based on GuruFocus' analysis, Medtecs International (TPE:9103) is currently considered Possible Value Trap. The stock's GF Value™ is NT$7.67, compared to a current price of NT$5.12 — trading 33.2% below its estimated fair value. The current Receivables Turnover is 2.18 and 61.1% below the Medical Devices & Instruments industry median of 5.60. Medtecs International's overall GF Score™ is 70/100 with 4 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 Medtecs International (TPE:9103), the current Receivables Turnover is 2.18 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 Medtecs International (TPE:9103) Overvalued in 2026?
Based on GuruFocus' analysis, Medtecs International stock appears to be undervalued.
The current stock price of NT$5.12 is trading 33.2% below its estimated GF Value™ of NT$7.67.
GuruFocus considers Medtecs International to be Possible Value Trap.
Key valuation signals for TPE:9103:
Receivables Turnover: 2.18
GF Value™: NT$7.67 vs. price of NT$5.12 (33.2% below fair value)
Industry Position: 61.1% below the Medical Devices & Instruments median (#535 of 813)
No single metric tells the full story. See the TPE:9103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Medtecs International Corp Ltd is an investment holding company. The company, along with its subsidiaries, is a manufacturer of medical consumables and provides healthcare products and services. It operates in three segments. The Manufacturing segment produces and sub-contracts medical consumables, including patients' apparel, disposable surgical masks, boot covers and surgical gowns, adult diapers, underpads, crochet blankets, bed linens and medical bandages. The Hospital services segment provides laundry and leasing services. The Distribution segment is involved in the marketing of Medtecs-branded medical consumables to hospitals, pharmacies, and other end users in Asia Pacific and through online channels. It generates the majority of its revenue from the Manufacturing segment.
70GF Score
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