TUGHF (Tungtex (Holdings) Co) Receivables Turnover: 2.85 (As of Sep. 2025)

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TUGHF Tungtex (Holdings) Co Ltd TUGHF
40 GF Score
Price $0.03
GF Value $0.04
! 2 Warning Signs
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What is Tungtex (Holdings) Co Receivables Turnover?

Tungtex (Holdings) Co TUGHF 40 Receivables Turnover is 2.85 as of Sep. 2025. GuruFocus rates TUGHF with a GF Score™ of 40/100 and a GF Value™ of $0.04. The stock has 2 warning signs investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, Tungtex (Holdings) Co ranks worse than 56.49% 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. Tungtex (Holdings) Co's Revenue for the six months ended in Sep. 2025 was $35.92 Mil. Tungtex (Holdings) Co's average Accounts Receivable for the six months ended in Sep. 2025 was $12.58 Mil. Hence, Tungtex (Holdings) Co's Receivables Turnover for the six months ended in Sep. 2025 was 2.85.


Tungtex (Holdings) Co  (OTCPK:TUGHF) 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.


Tungtex (Holdings) Co Receivables Turnover Related Terms


Tungtex (Holdings) Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tungtex (Holdings) 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.

Tungtex (Holdings) Co Receivables Turnover Chart

Tungtex (Holdings) Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.07 8.74 5.89 7.05 6.29

Tungtex (Holdings) Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.55 3.48 3.39 2.85 3.43

TUGHF vs RL, LEVI, VFC: Receivables Turnover Comparison

For the Apparel Manufacturing subindustry, Tungtex (Holdings) 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.


Tungtex (Holdings) Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tungtex (Holdings) Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tungtex (Holdings) Co's Receivables Turnover falls into.


TUGHF
40GF Score
Tungtex (Holdings) Co Ltd TUGHF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tungtex (Holdings) Co Receivables Turnover Calculation

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

Tungtex (Holdings) Co's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=86.127 / ((11.042 + 13.405) / 2 )
=86.127 / 12.2235
=7.05

Tungtex (Holdings) Co's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Mar. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=35.918 / ((13.405 + 11.763) / 2 )
=35.918 / 12.584
=2.85

* 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 2.85 mean?
Tungtex (Holdings) Co (TUGHF) has a Receivables Turnover of 2.85 as of Sep. 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 Tungtex (Holdings) Co and its competitors. According to the industry distribution chart, Tungtex (Holdings) Co ranks #583 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 56.5%.
Is Tungtex (Holdings) Co's Receivables Turnover too high?
Tungtex (Holdings) Co's current Receivables Turnover is 2.85. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.94. Tungtex (Holdings) Co's value of 2.85 is 58.9% below this industry median. Based on the distribution chart, Tungtex (Holdings) Co ranks #583 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Tungtex (Holdings) Co has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Tungtex (Holdings) Co's Receivables Turnover compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Tungtex (Holdings) Co ranks #583 out of 1032 companies for Receivables Turnover. This places Tungtex (Holdings) Co in the lower half of its industry. The industry median Receivables Turnover is 6.94. Tungtex (Holdings) Co's value of 2.85 is 58.9% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.94, based on 1,032 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. Tungtex (Holdings) Co's current Receivables Turnover of 2.85 is 58.9% 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 Tungtex (Holdings) Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tungtex (Holdings) Co's current Receivables Turnover is 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tungtex (Holdings) Co stock overvalued right now?
Tungtex (Holdings) Co (TUGHF) has a current Receivables Turnover of 2.85. The stock's GF Value™ is $0.04, compared to a current price of $0.03 — trading 18.3% below its estimated fair value. The current Receivables Turnover is 2.85 and 58.9% below the Manufacturing - Apparel & Accessories industry median of 6.94. Tungtex (Holdings) Co's overall GF Score™ is 40/100 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 Tungtex (Holdings) Co (TUGHF), the current Receivables Turnover is 2.85 as of Sep. 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 Tungtex (Holdings) Co (TUGHF) Overvalued in 2026?

Based on GuruFocus' analysis, Tungtex (Holdings) Co stock appears to be undervalued. The current stock price of $0.03 is trading 18.3% below its estimated GF Value™ of $0.04.

Key valuation signals for TUGHF:

  • Receivables Turnover: 2.85
  • GF Value™: $0.04 vs. price of $0.03 (18.3% below fair value)
  • GF Score™: 40/100 with 2 warning signs
  • Industry Position: 58.9% below the Manufacturing - Apparel & Accessories median (#583 of 1032)

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


Tungtex (Holdings) Co Business Description

Other Exchanges 00518:Hong Kong
Address No. 83 Hung To Road, Office A, 26th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Tungtex (Holdings) Co Ltd is engaged in the business of manufacturing and sale of garments products. The operating segments of the group are North America, Asia, and Europe and others. Its customers are located in the PRC, the USA, Canada, European countries, and other countries, of which key revenue is generated from the USA. The company offers Silk-blended, Linen, Cotton, Synthetic items, and other products.
40GF Score

Get the complete analysis for TUGHF

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

$0.03
Price
$0.04
GF Value