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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. Choice Development's Revenue for the
three
months ended in Dec. 2025 was NT$177.4 Mil. Choice Development's average Accounts Receivable for the
three
months ended in Dec. 2025 was NT$101.8 Mil.
Hence, Choice Development's Receivables Turnover for the
three
months ended in Dec. 2025 was 1.74.
Choice Development (TPE:9929) 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.
Choice Development Receivables Turnover Related Terms
Choice Development Receivables Turnover Historical Data
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The historical data trend for Choice Development'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:9929 vs CTAS, CPRT, ULS: Receivables Turnover Comparison
For the Specialty Business Services subindustry, Choice Development'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.
Choice Development Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Choice Development's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Choice Development'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.
Choice Development (TPE:9929) has a Receivables Turnover of 1.74 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 Choice Development and its competitors. According to the industry distribution chart, Choice Development ranks #492 out of 1062 companies in the Business Services industry, placing it in the top 46.3%.
Is Choice Development's Receivables Turnover too high?
Choice Development's current Receivables Turnover is 1.74. The Business Services industry median Receivables Turnover is 6.22. Choice Development's value of 1.74 is 72% below this industry median. Based on the distribution chart, Choice Development ranks #492 out of 1062 companies in the Business Services industry, which is above the industry midpoint. Overall, Choice Development has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choice Development's Receivables Turnover compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Choice Development ranks #492 out of 1062 companies for Receivables Turnover. This puts Choice Development in the upper half of its industry. The industry median Receivables Turnover is 6.22. Choice Development's value of 1.74 is 72% 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 6.22, 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. Choice Development's current Receivables Turnover of 1.74 is 72% 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 Choice Development and its competitors. For the Business Services industry, the median Receivables Turnover is 6.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choice Development's current Receivables Turnover is 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choice Development stock overvalued right now?
Based on GuruFocus' analysis, Choice Development (TPE:9929) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.52, compared to a current price of NT$11.50 — trading 20.8% below its estimated fair value. The current Receivables Turnover is 1.74 and 72% below the Business Services industry median of 6.22. Choice Development's overall GF Score™ is 75/100 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 Choice Development (TPE:9929), the current Receivables Turnover is 1.74 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 Choice Development (TPE:9929) Overvalued in 2026?
Based on GuruFocus' analysis, Choice Development stock appears to be undervalued.
The current stock price of NT$11.50 is trading 20.8% below its estimated GF Value™ of NT$14.52.
GuruFocus considers Choice Development to be Modestly Undervalued.
Key valuation signals for TPE:9929:
Receivables Turnover: 1.74
GF Value™: NT$14.52 vs. price of NT$11.50 (20.8% below fair value)
Industry Position: 72% below the Business Services median (#492 of 1062)
No single metric tells the full story. See the TPE:9929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choice Development Inc is engaged in printing, packaging material production, photography, plate making, binding, planning and design, and medical equipment retailing. The company's operating segments are the Printing, Advertising, Innovation, and Development. The majority of its revenue is generated from the Printing department.
75GF Score
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