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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. Taiwan Shin Kong Security Co's Revenue for the
three
months ended in Mar. 2026 was NT$2,118 Mil. Taiwan Shin Kong Security Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$622 Mil.
Hence, Taiwan Shin Kong Security Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.40.
Taiwan Shin Kong Security Co (TPE:9925) 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 Shin Kong Security Co Receivables Turnover Related Terms
Taiwan Shin Kong Security Co Receivables Turnover Historical Data
* 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 Shin Kong Security Co Receivables Turnover Chart
TPE:9925 vs ALLE, MSA, ADT: Receivables Turnover Comparison
For the Security & Protection Services subindustry, Taiwan Shin Kong Security 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 Shin Kong Security Co Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Taiwan Shin Kong Security Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Taiwan Shin Kong Security 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 Shin Kong Security Co (TPE:9925) has a Receivables Turnover of 3.40 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 Shin Kong Security Co and its competitors. According to the industry distribution chart, Taiwan Shin Kong Security Co ranks #127 out of 1062 companies in the Business Services industry, placing it in the top 12%.
Is Taiwan Shin Kong Security Co's Receivables Turnover too high?
Taiwan Shin Kong Security Co's current Receivables Turnover is 3.40. The Business Services industry median Receivables Turnover is 6.20. Taiwan Shin Kong Security Co's value of 3.40 is 45.2% below this industry median. Based on the distribution chart, Taiwan Shin Kong Security Co ranks #127 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Shin Kong Security Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Shin Kong Security Co's Receivables Turnover compare to ALLE and MSA?
According to the Business Services industry distribution chart, Taiwan Shin Kong Security Co ranks #127 out of 1062 companies for Receivables Turnover. This places Taiwan Shin Kong Security Co in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.20. Taiwan Shin Kong Security Co's value of 3.40 is 45.2% 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 Shin Kong Security Co's current Receivables Turnover of 3.40 is 45.2% 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 Shin Kong Security 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 Shin Kong Security Co's current Receivables Turnover is 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Shin Kong Security Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Shin Kong Security Co (TPE:9925) is currently considered Fairly Valued. The stock's GF Value™ is NT$43.68, compared to a current price of NT$40.45 — trading 7.4% below its estimated fair value. The current Receivables Turnover is 3.40 and 45.2% below the Business Services industry median of 6.20. Taiwan Shin Kong Security Co's overall GF Score™ is 88/100 with 6 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 Shin Kong Security Co (TPE:9925), the current Receivables Turnover is 3.40 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 Shin Kong Security Co (TPE:9925) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Shin Kong Security Co stock appears to be undervalued.
The current stock price of NT$40.45 is trading 7.4% below its estimated GF Value™ of NT$43.68.
GuruFocus considers Taiwan Shin Kong Security Co to be Fairly Valued.
Key valuation signals for TPE:9925:
Receivables Turnover: 3.40
GF Value™: NT$43.68 vs. price of NT$40.45 (7.4% below fair value)
Industry Position: 45.2% below the Business Services median (#127 of 1062)
No single metric tells the full story. See the TPE:9925 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Shin Kong Security Co Ltd is a Taiwanese security systems provider. It is engaged in the design, sale, rental, installation, maintenance, repair, and inspection of fire prevention, burglary prevention, and fire protection apparatus, as well as the import and export of these products and the operation and investment of such businesses. The reportable segments of the company are the electronic services business, cash-in-transit business, stationed security business, and others. The majority of its revenue is generated from the electronic services segment which provides electronic security services.
88GF Score
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