Tech-Top Engineering Co (ROCO:6750) Change In Receivables: NT$-123 Mil (TTM As of Jun. 2026)

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ROCO:6750 Tech-Top Engineering Co Ltd ROCO:6750
84 GF Score
Price NT$57.20
GF Value NT$35.78
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Tech-Top Engineering Co Change In Receivables?

Tech-Top Engineering Co ROCO:6750 -1.04% 84 Change In Receivables is NT$-123 Mil as of Jun. 2026. GuruFocus rates ROCO:6750 with a GF Score™ of 84/100 and a GF Value™ of NT$35.78 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Tech-Top Engineering Co's change in receivables for the quarter that ended in Jun. 2026 was NT$-194 Mil. It means Tech-Top Engineering Co's Accounts Receivable increased by NT$194 Mil from Dec. 2025 to Jun. 2026 .

Tech-Top Engineering Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$56 Mil. It means Tech-Top Engineering Co's Accounts Receivable declined by NT$56 Mil from Dec. 2024 to Dec. 2025 .

Tech-Top Engineering Co's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$2,230 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. Tech-Top Engineering Co's Days Sales Outstanding for the six months ended in Jun. 2026 was 192.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tech-Top Engineering Co's liquidation value for the six months ended in Jun. 2026 was NT$-525 Mil.

Tech-Top Engineering Co  (ROCO:6750) 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.

Tech-Top Engineering Co's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2230.037/2117.578*91
=192.19

2. In Ben Graham's calculation of liquidation value, Tech-Top Engineering Co's accounts receivable are only considered to be worth 75% of book value:

Tech-Top Engineering Co'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)
=800.382-2999.001+0.75 * 2230.037+0.5 * 1.825
=-525

* 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.

Tech-Top Engineering Co Change In Receivables Related Terms

Tech-Top Engineering Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Tech-Top Engineering Co'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.

Tech-Top Engineering Co Change In Receivables Chart

Tech-Top Engineering Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -316.49 -194.66 194.45 -745.98 55.84

Tech-Top Engineering Co Semi-Annual Data
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 190.39 -936.38 -15.19 71.03 -194.02
ROCO:6750
84GF Score
Tech-Top Engineering Co Ltd ROCO:6750
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Tech-Top Engineering Co 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$-123 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$-123 Mil mean?
Tech-Top Engineering Co (ROCO:6750) has a Change In Receivables of NT$-123 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Tech-Top Engineering Co and its competitors.
Is Tech-Top Engineering Co's Change In Receivables too high?
Tech-Top Engineering Co's current Change In Receivables is NT$-123 Mil. Overall, Tech-Top Engineering Co has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tech-Top Engineering Co's Change In Receivables compare to PWR and FIX?
Tech-Top Engineering Co's Change In Receivables of NT$-123 Mil can be compared against companies in the Construction 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 Construction company?
A good Change In Receivables depends on the Construction 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 Tech-Top Engineering Co and its competitors. Tech-Top Engineering Co's current Change In Receivables is NT$-123 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tech-Top Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Tech-Top Engineering Co (ROCO:6750) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$35.78, compared to a current price of NT$57.20 — trading 59.9% above its estimated fair value. The current Change In Receivables is NT$-123 Mil. Tech-Top Engineering Co's overall GF Score™ is 84/100 with 3 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 Tech-Top Engineering Co (ROCO:6750), the current Change In Receivables is NT$-123 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 Tech-Top Engineering Co (ROCO:6750) Overvalued in 2026?

Based on GuruFocus' analysis, Tech-Top Engineering Co stock appears to be overvalued. The current stock price of NT$57.20 is trading 59.9% above its estimated GF Value™ of NT$35.78. GuruFocus considers Tech-Top Engineering Co to be Significantly Overvalued.

Key valuation signals for ROCO:6750:

  • Change In Receivables: NT$-123 Mil
  • GF Value™: NT$35.78 vs. price of NT$57.20 (59.9% above fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the ROCO:6750 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tech-Top Engineering Co Business Description

Address No. 158 Jiankang Road, 10 Floor, Zhonghe District, Taipei, TWN
Tech-Top Engineering Co Ltd is an engineering company that is engaged in the design and installation of high and low voltage electrical equipment, power transmission and distribution equipment, clean rooms and other projects and maintenance business. The company also provides PV and BIPV design, planning and construction.
84GF Score

Get the complete analysis for ROCO:6750

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

NT$57.20
Price
NT$35.78
GF Value