Proxene Tools Co (ROCO:6904) Change In Receivables: NT$-49.1 Mil (TTM As of Jun. 2026)

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ROCO:6904 Proxene Tools Co Ltd ROCO:6904
70 GF Score
Price NT$122.00
GF Value NT$127.12
Valuation Fairly Valued
! 4 Warning Signs
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What is Proxene Tools Co Change In Receivables?

Proxene Tools Co ROCO:6904 +2.08% 70 Change In Receivables is NT$-49.1 Mil as of Jun. 2026. GuruFocus rates ROCO:6904 with a GF Score™ of 70/100 and a GF Value™ of NT$127.12 (Fairly Valued). The stock has 4 warning signs investors should review.

Proxene Tools Co's change in receivables for the quarter that ended in Jun. 2026 was NT$-11.5 Mil. It means Proxene Tools Co's Accounts Receivable increased by NT$11.5 Mil from Mar. 2026 to Jun. 2026 .

Proxene Tools Co's change in receivables for the fiscal year that ended in Dec. 2025 was NT$87.1 Mil. It means Proxene Tools Co's Accounts Receivable declined by NT$87.1 Mil from Dec. 2024 to Dec. 2025 .

Proxene Tools Co's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$151.9 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. Proxene Tools Co's Days Sales Outstanding for the three months ended in Jun. 2026 was 56.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Proxene Tools Co's liquidation value for the three months ended in Jun. 2026 was NT$-48.5 Mil.

Proxene Tools Co  (ROCO:6904) 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.

Proxene Tools 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
=151.875/246.612*91
=56.20

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

Proxene Tools 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)
=458.615-722.178+0.75 * 151.875+0.5 * 202.385
=-48.5

* 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.

Proxene Tools Co Change In Receivables Related Terms

Proxene Tools Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Proxene Tools 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.

Proxene Tools Co Change In Receivables Chart

Proxene Tools Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial -9.14 -8.84 -6.56 -41.53 87.14

Proxene Tools Co Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 34.41 16.84 22.83 -77.30 -11.50
ROCO:6904
70GF Score
Proxene Tools Co Ltd ROCO:6904
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Proxene Tools 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 quarterly data reported by the company within the most recent 12 months, which was NT$-49.1 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$-49.1 Mil mean?
Proxene Tools Co (ROCO:6904) has a Change In Receivables of NT$-49.1 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Proxene Tools Co and its competitors.
Is Proxene Tools Co's Change In Receivables too high?
Proxene Tools Co's current Change In Receivables is NT$-49.1 Mil. Overall, Proxene Tools Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Proxene Tools Co's Change In Receivables compare to SNA and RBC?
Proxene Tools Co's Change In Receivables of NT$-49.1 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Proxene Tools Co and its competitors. Proxene Tools Co's current Change In Receivables is NT$-49.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proxene Tools Co stock overvalued right now?
Based on GuruFocus' analysis, Proxene Tools Co (ROCO:6904) is currently considered Fairly Valued. The stock's GF Value™ is NT$127.12, compared to a current price of NT$122.00 — trading 4% below its estimated fair value. The current Change In Receivables is NT$-49.1 Mil. Proxene Tools Co's overall GF Score™ is 70/100 with 4 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 Proxene Tools Co (ROCO:6904), the current Change In Receivables is NT$-49.1 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 Proxene Tools Co (ROCO:6904) Overvalued in 2026?

Based on GuruFocus' analysis, Proxene Tools Co stock appears to be undervalued. The current stock price of NT$122.00 is trading 4% below its estimated GF Value™ of NT$127.12. GuruFocus considers Proxene Tools Co to be Fairly Valued.

Key valuation signals for ROCO:6904:

  • Change In Receivables: NT$-49.1 Mil
  • GF Value™: NT$127.12 vs. price of NT$122.00 (4% below fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the ROCO:6904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Proxene Tools Co Business Description

Address No. 9-2, Lane 893, Zhongshan Road, Beizhuang Village, Shengang District, Taichung City, TWN, 42947
Proxene Tools Co Ltd engages in the manufacturing and exporting of adjustable angle wrenches in Taiwan. It offers industrial hand tools manufacturing adjustable wrench hand tools, wrenches, Industrial Video Borescope, Diagnostic equipment, and Car care products.
70GF Score

Get the complete analysis for ROCO:6904

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

NT$122.00
Price
NT$127.12
GF Value