THine Electronics (TSE:6769) Receivables Turnover: 0.94 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:6769 THine Electronics Inc TSE:6769
56 GF Score
Price 円1,017.00
GF Value 円339.81
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is THine Electronics Receivables Turnover?

THine Electronics TSE:6769 +1.70% 56 Receivables Turnover is 0.94 as of Mar. 2026. GuruFocus rates TSE:6769 with a GF Score™ of 56/100 and a GF Value™ of 円339.81 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,018 Semiconductors companies, THine Electronics ranks worse than 91.55% 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. THine Electronics's Revenue for the three months ended in Mar. 2026 was 円950 Mil. THine Electronics's average Accounts Receivable for the three months ended in Mar. 2026 was 円1,008 Mil. Hence, THine Electronics's Receivables Turnover for the three months ended in Mar. 2026 was 0.94.


THine Electronics  (TSE:6769) 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.


THine Electronics Receivables Turnover Related Terms


THine Electronics Receivables Turnover Historical Data

* Premium members only.

The historical data trend for THine Electronics'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.

THine Electronics Receivables Turnover Chart

THine Electronics 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 9.15 6.51 5.03 4.43 3.53

THine Electronics Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.90 1.74 0.00 0.00 0.94

TSE:6769 vs NVDA, AVGO, MU: Receivables Turnover Comparison

For the Semiconductors subindustry, THine Electronics'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.


THine Electronics Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, THine Electronics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where THine Electronics's Receivables Turnover falls into.


TSE:6769
56GF Score
THine Electronics Inc TSE:6769
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

THine Electronics Receivables Turnover Calculation

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

THine Electronics'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 )
=4639.402 / ((1144.36 + 1482.974) / 2 )
=4639.402 / 1313.667
=3.53

THine Electronics'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 )
=949.604 / ((1482.974 + 532.226) / 2 )
=949.604 / 1007.6
=0.94

* 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 0.94 mean?
THine Electronics (TSE:6769) has a Receivables Turnover of 0.94 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 THine Electronics and its competitors. According to the industry distribution chart, THine Electronics ranks #932 out of 1018 companies in the Semiconductors industry, placing it in the top 91.6%.
Is THine Electronics' Receivables Turnover too high?
THine Electronics' current Receivables Turnover is 0.94. The Semiconductors industry median Receivables Turnover is 5.79. THine Electronics' value of 0.94 is 83.8% below this industry median. Based on the distribution chart, THine Electronics ranks #932 out of 1018 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, THine Electronics has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does THine Electronics' Receivables Turnover compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, THine Electronics ranks #932 out of 1018 companies for Receivables Turnover. This places THine Electronics in the lower half of its industry. The industry median Receivables Turnover is 5.79. THine Electronics' value of 0.94 is 83.8% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.79, based on 1,018 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. THine Electronics's current Receivables Turnover of 0.94 is 83.8% 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 THine Electronics and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. THine Electronics's current Receivables Turnover is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THine Electronics stock overvalued right now?
Based on GuruFocus' analysis, THine Electronics (TSE:6769) is currently considered Significantly Overvalued. The stock's GF Value™ is 円339.81, compared to a current price of 円1,017.00 — trading 199.3% above its estimated fair value. The current Receivables Turnover is 0.94 and 83.8% below the Semiconductors industry median of 5.79. THine Electronics' overall GF Score™ is 56/100 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 THine Electronics (TSE:6769), the current Receivables Turnover is 0.94 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 THine Electronics (TSE:6769) Overvalued in 2026?

Based on GuruFocus' analysis, THine Electronics stock appears to be overvalued. The current stock price of 円1,017.00 is trading 199.3% above its estimated GF Value™ of 円339.81. GuruFocus considers THine Electronics to be Significantly Overvalued.

Key valuation signals for TSE:6769:

  • Receivables Turnover: 0.94
  • GF Value™: 円339.81 vs. price of 円1,017.00 (199.3% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 83.8% below the Semiconductors median (#932 of 1018)

No single metric tells the full story. See the TSE:6769 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


THine Electronics Business Description

Address 9-1 Kanda-mitoshiro-cho MD-Kanda Building, Chiyoda-ku, Tokyo, JPN, 101-0053
THine Electronics Inc is a Japanese based fabless semiconductor maker. Together with its subsidiaries, the firm is engaged in planning, designing, and sales of mixed-signal LSI business and AIoT business. Its products are used in automotive, medical, camera, gaming, multifunction printer, mobiles, and projector. Its product portfolio includes motor driver, power module, a timing controller, image signal processor (ISP), repeater among others. The company has a geographic presence in Japan, Korea, China, Taiwan, Europe, and North America.
56GF Score

Get the complete analysis for TSE:6769

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

円1,017.00
Price
円339.81
GF Value