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.
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.
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. Shin Shin Natural Gas Co's Revenue for the
three
months ended in Dec. 2025 was NT$450 Mil. Shin Shin Natural Gas Co's average Accounts Receivable for the
three
months ended in Dec. 2025 was NT$171 Mil.
Hence, Shin Shin Natural Gas Co's Receivables Turnover for the
three
months ended in Dec. 2025 was 2.63.
Shin Shin Natural Gas Co (TPE:9918) 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.
Shin Shin Natural Gas Co Receivables Turnover Related Terms
Shin Shin Natural Gas Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Shin Shin Natural Gas 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.
Shin Shin Natural Gas Co Receivables Turnover Chart
TPE:9918 vs ATO, NI, UGI: Receivables Turnover Comparison
For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.
Shin Shin Natural Gas Co Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shin Shin Natural Gas 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.
Shin Shin Natural Gas Co (TPE:9918) has a Receivables Turnover of 2.63 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 Shin Shin Natural Gas Co and its competitors. According to the industry distribution chart, Shin Shin Natural Gas Co ranks #139 out of 496 companies in the Utilities - Regulated industry, placing it in the top 28%.
Is Shin Shin Natural Gas Co's Receivables Turnover too high?
Shin Shin Natural Gas Co's current Receivables Turnover is 2.63. The Utilities - Regulated industry median Receivables Turnover is 6.76. Shin Shin Natural Gas Co's value of 2.63 is 61.1% below this industry median. Based on the distribution chart, Shin Shin Natural Gas Co ranks #139 out of 496 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Shin Shin Natural Gas Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Natural Gas Co's Receivables Turnover compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Shin Natural Gas Co ranks #139 out of 496 companies for Receivables Turnover. This puts Shin Shin Natural Gas Co in the upper half of its industry. The industry median Receivables Turnover is 6.76. Shin Shin Natural Gas Co's value of 2.63 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 an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.76, 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. Shin Shin Natural Gas Co's current Receivables Turnover of 2.63 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 Shin Shin Natural Gas Co and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Natural Gas Co's current Receivables Turnover is 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co (TPE:9918) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.93, compared to a current price of NT$43.35 — trading 1% above its estimated fair value. The current Receivables Turnover is 2.63 and 61.1% below the Utilities - Regulated industry median of 6.76. Shin Shin Natural Gas Co's overall GF Score™ is 79/100 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 Shin Shin Natural Gas Co (TPE:9918), the current Receivables Turnover is 2.63 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 Shin Shin Natural Gas Co (TPE:9918) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co stock appears to be overvalued.
The current stock price of NT$43.35 is trading 1% above its estimated GF Value™ of NT$42.93.
GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.
Key valuation signals for TPE:9918:
Receivables Turnover: 2.63
GF Value™: NT$42.93 vs. price of NT$43.35 (1% above fair value)
Industry Position: 61.1% below the Utilities - Regulated median (#139 of 496)
No single metric tells the full story. See the TPE:9918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.
79GF Score
Get the complete analysis for TPE:9918
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:9918 has been successfully added to your 
