Taiwan Acceptance (TPE:9941) Receivables Turnover: 0.03 (As of Mar. 2026)

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TPE:9941 Taiwan Acceptance Corp TPE:9941
65 GF Score
Price NT$81.90
GF Value NT$178.89
Valuation Possible Value Trap
! 3 Warning Signs
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What is Taiwan Acceptance Receivables Turnover?

Taiwan Acceptance TPE:9941 -0.12% 65 Receivables Turnover is 0.03 as of Mar. 2026. GuruFocus rates TPE:9941 with a GF Score™ of 65/100 and a GF Value™ of NT$178.89 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 296 Credit Services companies, Taiwan Acceptance ranks worse than 97.3% 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 Acceptance's Revenue for the three months ended in Mar. 2026 was NT$5,179 Mil. Taiwan Acceptance's average Accounts Receivable for the three months ended in Mar. 2026 was NT$180,880 Mil. Hence, Taiwan Acceptance's Receivables Turnover for the three months ended in Mar. 2026 was 0.03.


Taiwan Acceptance  (TPE:9941) 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 Acceptance Receivables Turnover Related Terms


Taiwan Acceptance Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Taiwan Acceptance'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.

Taiwan Acceptance Receivables Turnover Chart

Taiwan Acceptance 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 0.10 0.08 0.08 0.10 0.11

Taiwan Acceptance 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 0.03 0.03 0.03 0.03 0.03

TPE:9941 vs V, MA, AXP: Receivables Turnover Comparison

For the Credit Services subindustry, Taiwan Acceptance'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 Acceptance Receivables Turnover vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Taiwan Acceptance's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Taiwan Acceptance's Receivables Turnover falls into.


TPE:9941
65GF Score
Taiwan Acceptance Corp TPE:9941
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taiwan Acceptance Receivables Turnover Calculation

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

Taiwan Acceptance'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 )
=21085.114 / ((189260.653 + 181541.147) / 2 )
=21085.114 / 185400.9
=0.11

Taiwan Acceptance'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 )
=5179.382 / ((181541.147 + 180219.252) / 2 )
=5179.382 / 180880.1995
=0.03

* 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 0.03 mean?
Taiwan Acceptance (TPE:9941) has a Receivables Turnover of 0.03 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 Acceptance and its competitors. According to the industry distribution chart, Taiwan Acceptance ranks #288 out of 296 companies in the Credit Services industry, placing it in the top 97.3%.
Is Taiwan Acceptance's Receivables Turnover too high?
Taiwan Acceptance's current Receivables Turnover is 0.03. The Credit Services industry median Receivables Turnover is 8.77. Taiwan Acceptance's value of 0.03 is 99.7% below this industry median. Based on the distribution chart, Taiwan Acceptance ranks #288 out of 296 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Taiwan Acceptance has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Acceptance's Receivables Turnover compare to V and MA?
According to the Credit Services industry distribution chart, Taiwan Acceptance ranks #288 out of 296 companies for Receivables Turnover. This places Taiwan Acceptance in the lower half of its industry. The industry median Receivables Turnover is 8.77. Taiwan Acceptance's value of 0.03 is 99.7% 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 Credit Services company?
The median Receivables Turnover among Credit Services companies is 8.77, based on 296 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 Acceptance's current Receivables Turnover of 0.03 is 99.7% 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 Acceptance and its competitors. For the Credit Services industry, the median Receivables Turnover is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Acceptance's current Receivables Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Acceptance stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Acceptance (TPE:9941) is currently considered Possible Value Trap. The stock's GF Value™ is NT$178.89, compared to a current price of NT$81.90 — trading 54.2% below its estimated fair value. The current Receivables Turnover is 0.03 and 99.7% below the Credit Services industry median of 8.77. Taiwan Acceptance's overall GF Score™ is 65/100 with 3 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 Acceptance (TPE:9941), the current Receivables Turnover is 0.03 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 Acceptance (TPE:9941) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Acceptance stock appears to be undervalued. The current stock price of NT$81.90 is trading 54.2% below its estimated GF Value™ of NT$178.89. GuruFocus considers Taiwan Acceptance to be Possible Value Trap.

Key valuation signals for TPE:9941:

  • Receivables Turnover: 0.03
  • GF Value™: NT$178.89 vs. price of NT$81.90 (54.2% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 99.7% below the Credit Services median (#288 of 296)

No single metric tells the full story. See the TPE:9941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Acceptance Business Description

Other Exchanges 9941A.PFD:Taiwan
Address Section 2, Dunhua South Road, No. 2, 15th Floor, Da\'an District, Taipei, TWN
Taiwan Acceptance Corp mainly focuses on accounts receivable purchasing, installment accounts sales, and the equipment leasing business, which is related to products such as various vehicles, equipment, consumer goods, and power generation business. The Group's reportable segments are: Leasing, which generates the maximum revenue, and Financing. Geographically, it derives maximum revenue from Taiwan, followed by China, and other overseas markets.
65GF Score

Get the complete analysis for TPE:9941

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

NT$81.90
Price
NT$178.89
GF Value