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Taiwan Secom CoTPE:9917 91 Receivables Turnover is 3.53 as of Mar. 2026. GuruFocus rates TPE:9917 with a GF Score™ of 91/100 and a GF Value™ of NT$138.01 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,062 Business Services companies, Taiwan Secom Co ranks better than 87.48% 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 Secom Co's Revenue for the
three
months ended in Mar. 2026 was NT$4,683 Mil. Taiwan Secom Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$1,325 Mil.
Hence, Taiwan Secom Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.53.
Taiwan Secom Co (TPE:9917) 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 Secom Co Receivables Turnover Related Terms
Taiwan Secom Co Receivables Turnover Historical Data
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The historical data trend for Taiwan Secom 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.
TPE:9917 vs ALLE, MSA, ADT: Receivables Turnover Comparison
For the Security & Protection Services subindustry, Taiwan Secom 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.
Taiwan Secom Co Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Taiwan Secom Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Taiwan Secom Co'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.
Taiwan Secom Co (TPE:9917) has a Receivables Turnover of 3.53 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 Taiwan Secom Co and its competitors. According to the industry distribution chart, Taiwan Secom Co ranks #133 out of 1062 companies in the Business Services industry, placing it in the top 12.5%.
Is Taiwan Secom Co's Receivables Turnover too high?
Taiwan Secom Co's current Receivables Turnover is 3.53. The Business Services industry median Receivables Turnover is 6.20. Taiwan Secom Co's value of 3.53 is 43.1% below this industry median. Based on the distribution chart, Taiwan Secom Co ranks #133 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Secom Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Secom Co's Receivables Turnover compare to ALLE and MSA?
According to the Business Services industry distribution chart, Taiwan Secom Co ranks #133 out of 1062 companies for Receivables Turnover. This places Taiwan Secom Co in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.20. Taiwan Secom Co's value of 3.53 is 43.1% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.20, based on 1,062 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 Secom Co's current Receivables Turnover of 3.53 is 43.1% 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 Taiwan Secom Co and its competitors. For the Business Services industry, the median Receivables Turnover is 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Secom Co's current Receivables Turnover is 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Secom Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Secom Co (TPE:9917) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$138.01, compared to a current price of NT$110.50 — trading 19.9% below its estimated fair value. The current Receivables Turnover is 3.53 and 43.1% below the Business Services industry median of 6.20. Taiwan Secom Co's overall GF Score™ is 91/100 with 5 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 Secom Co (TPE:9917), the current Receivables Turnover is 3.53 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 Taiwan Secom Co (TPE:9917) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Secom Co stock appears to be undervalued.
The current stock price of NT$110.50 is trading 19.9% below its estimated GF Value™ of NT$138.01.
GuruFocus considers Taiwan Secom Co to be Modestly Undervalued.
Key valuation signals for TPE:9917:
Receivables Turnover: 3.53
GF Value™: NT$138.01 vs. price of NT$110.50 (19.9% below fair value)
Industry Position: 43.1% below the Business Services median (#133 of 1062)
No single metric tells the full story. See the TPE:9917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Secom Co Ltd is engaged mainly in the security service. Its segments consist of Electronic systems segment engages in security system related service; Security services segment engages in security guarding related service; Cash delivery services engages in cash delivery service; Logistics services segment engages in logistic service; and Catering services segment engages in catering services. It derives the majority of revenue from Electronic systems segment.
91GF Score
Get the complete analysis for TPE:9917
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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