TacBright Optronics (ROCO:6434) Change In Receivables: NT$18 Mil (TTM As of Jun. 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.

ROCO:6434 TacBright Optronics Corp ROCO:6434
47 GF Score
Price NT$14.30
GF Value NT$4.02
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is TacBright Optronics Change In Receivables?

TacBright Optronics ROCO:6434 -2.05% 47 Change In Receivables is NT$18 Mil as of Jun. 2026. GuruFocus rates ROCO:6434 with a GF Score™ of 47/100 and a GF Value™ of NT$4.02 (Significantly Overvalued). The stock has 2 warning signs investors should review.

TacBright Optronics's change in receivables for the quarter that ended in Jun. 2026 was NT$-19 Mil. It means TacBright Optronics's Accounts Receivable increased by NT$19 Mil from Dec. 2025 to Jun. 2026 .

TacBright Optronics's change in receivables for the fiscal year that ended in Dec. 2025 was NT$65 Mil. It means TacBright Optronics's Accounts Receivable declined by NT$65 Mil from Dec. 2024 to Dec. 2025 .

TacBright Optronics's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$253 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. TacBright Optronics's Days Sales Outstanding for the six months ended in Jun. 2026 was 73.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TacBright Optronics's liquidation value for the six months ended in Jun. 2026 was NT$-559 Mil.

TacBright Optronics  (ROCO:6434) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

TacBright Optronics's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=253.424/631.651*91
=73.22

2. In Ben Graham's calculation of liquidation value, TacBright Optronics's accounts receivable are only considered to be worth 75% of book value:

TacBright Optronics's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=174.372-1005.168+0.75 * 253.424+0.5 * 162.83
=-559

* 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.

TacBright Optronics Change In Receivables Related Terms

TacBright Optronics Change In Receivables Historical Data

* Premium members only.

The historical data trend for TacBright Optronics's Change In Receivables 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.

TacBright Optronics Change In Receivables Chart

TacBright Optronics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.25 90.25 0.14 -79.02 64.60

TacBright Optronics Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Change In Receivables 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 -91.18 12.16 27.39 37.20 -19.35
ROCO:6434
47GF Score
TacBright Optronics Corp ROCO:6434
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TacBright Optronics Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$18 Mil.

* 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 Change In Receivables →
What does a Change In Receivables of NT$18 Mil mean?
TacBright Optronics (ROCO:6434) has a Change In Receivables of NT$18 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for TacBright Optronics and its competitors.
Is TacBright Optronics' Change In Receivables too high?
TacBright Optronics' current Change In Receivables is NT$18 Mil. Overall, TacBright Optronics has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TacBright Optronics' Change In Receivables compare to LIN and SHW?
TacBright Optronics' Change In Receivables of NT$18 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Chemicals company?
A good Change In Receivables depends on the Chemicals industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for TacBright Optronics and its competitors. TacBright Optronics's current Change In Receivables is NT$18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TacBright Optronics stock overvalued right now?
Based on GuruFocus' analysis, TacBright Optronics (ROCO:6434) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$4.02, compared to a current price of NT$14.30 — trading 255.7% above its estimated fair value. The current Change In Receivables is NT$18 Mil. TacBright Optronics' overall GF Score™ is 47/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For TacBright Optronics (ROCO:6434), the current Change In Receivables is NT$18 Mil as of Jun. 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 TacBright Optronics (ROCO:6434) Overvalued in 2026?

Based on GuruFocus' analysis, TacBright Optronics stock appears to be overvalued. The current stock price of NT$14.30 is trading 255.7% above its estimated GF Value™ of NT$4.02. GuruFocus considers TacBright Optronics to be Significantly Overvalued.

Key valuation signals for ROCO:6434:

  • Change In Receivables: NT$18 Mil
  • GF Value™: NT$4.02 vs. price of NT$14.30 (255.7% above fair value)
  • GF Score™: 47/100 with 2 warning signs

No single metric tells the full story. See the ROCO:6434 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TacBright Optronics Business Description

Address No. 3, Kebei 2nd Road, Hsinchu Science Industrial Park, Miaoli County, ZhunanTownship, Hsinchu, TWN
TacBright Optronics Corp is engaged in synthetic resin and plastic manufacturing, surface treatment, wholesale and retail of chemical raw materials, and electronics. Wholesale and retail of sub-materials and manufacturing of precision chemical materials.
47GF Score

Get the complete analysis for ROCO:6434

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

NT$14.30
Price
NT$4.02
GF Value