Great Taipei Gas (TPE:9908) Receivables Turnover: 2.44 (As of Mar. 2026)

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TPE:9908 Great Taipei Gas Corp TPE:9908
87 GF Score
Price NT$29.15
GF Value NT$31.35
Valuation Fairly Valued
! 4 Warning Signs
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What is Great Taipei Gas Receivables Turnover?

Great Taipei Gas TPE:9908 +0.52% 87 Receivables Turnover is 2.44 as of Mar. 2026. GuruFocus rates TPE:9908 with a GF Score™ of 87/100 and a GF Value™ of NT$31.35 (Fairly Valued). The stock has 4 warning signs investors should review. Among 496 Utilities - Regulated companies, Great Taipei Gas ranks better than 67.14% 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. Great Taipei Gas's Revenue for the three months ended in Mar. 2026 was NT$937 Mil. Great Taipei Gas's average Accounts Receivable for the three months ended in Mar. 2026 was NT$385 Mil. Hence, Great Taipei Gas's Receivables Turnover for the three months ended in Mar. 2026 was 2.44.


Great Taipei Gas  (TPE:9908) 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.


Great Taipei Gas Receivables Turnover Related Terms


Great Taipei Gas Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Great Taipei Gas'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.

Great Taipei Gas Receivables Turnover Chart

Great Taipei Gas 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 9.05 9.11 9.51 9.01 9.09

Great Taipei Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.38 2.29 2.54 2.52 2.44

TPE:9908 vs ATO, NI, UGI: Receivables Turnover Comparison

For the Utilities - Regulated Gas subindustry, Great Taipei Gas'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.


Great Taipei Gas Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Great Taipei Gas's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Great Taipei Gas's Receivables Turnover falls into.


TPE:9908
87GF Score
Great Taipei Gas Corp TPE:9908
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Great Taipei Gas Receivables Turnover Calculation

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

Great Taipei Gas'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 )
=3374.031 / ((372.575 + 370.059) / 2 )
=3374.031 / 371.317
=9.09

Great Taipei Gas's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=937.492 / ((370.059 + 399.851) / 2 )
=937.492 / 384.955
=2.44

* 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 2.44 mean?
Great Taipei Gas (TPE:9908) has a Receivables Turnover of 2.44 as of Mar. 2026. 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 Great Taipei Gas and its competitors. According to the industry distribution chart, Great Taipei Gas ranks #163 out of 496 companies in the Utilities - Regulated industry, placing it in the top 32.9%.
Is Great Taipei Gas' Receivables Turnover too high?
Great Taipei Gas' current Receivables Turnover is 2.44. The Utilities - Regulated industry median Receivables Turnover is 6.77. Great Taipei Gas' value of 2.44 is 63.9% below this industry median. Based on the distribution chart, Great Taipei Gas ranks #163 out of 496 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Great Taipei Gas has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Great Taipei Gas' Receivables Turnover compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Great Taipei Gas ranks #163 out of 496 companies for Receivables Turnover. This puts Great Taipei Gas in the upper half of its industry. The industry median Receivables Turnover is 6.77. Great Taipei Gas' value of 2.44 is 63.9% 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 an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.77, based on 496 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. Great Taipei Gas's current Receivables Turnover of 2.44 is 63.9% 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 Great Taipei Gas and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Great Taipei Gas's current Receivables Turnover is 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Taipei Gas stock overvalued right now?
Based on GuruFocus' analysis, Great Taipei Gas (TPE:9908) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.35, compared to a current price of NT$29.15 — trading 7% below its estimated fair value. The current Receivables Turnover is 2.44 and 63.9% below the Utilities - Regulated industry median of 6.77. Great Taipei Gas' overall GF Score™ is 87/100 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 Great Taipei Gas (TPE:9908), the current Receivables Turnover is 2.44 as of Mar. 2026. 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 Great Taipei Gas (TPE:9908) Overvalued in 2026?

Based on GuruFocus' analysis, Great Taipei Gas stock appears to be undervalued. The current stock price of NT$29.15 is trading 7% below its estimated GF Value™ of NT$31.35. GuruFocus considers Great Taipei Gas to be Fairly Valued.

Key valuation signals for TPE:9908:

  • Receivables Turnover: 2.44
  • GF Value™: NT$31.35 vs. price of NT$29.15 (7% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 63.9% below the Utilities - Regulated median (#163 of 496)

No single metric tells the full story. See the TPE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Great Taipei Gas Business Description

Address No. 35, Lane 11, Guangfu North Raod, 5th Floor, Songshan District, Taipei, TWN, 105
Great Taipei Gas Corp is engaged in the supply of gas, the manufacture and supply of gas equipment and related equipment, the marketing of gas equipment, the sale of meters and gauges (gas meters), the Type I telecommunications business, and the office building rental business. Its operating segments are: Gas sales department, which generates maximum revenue; Equipment department; Investment department; Telecom department; and Others.
87GF Score

Get the complete analysis for TPE:9908

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

NT$29.15
Price
NT$31.35
GF Value