Co-Tech Development (ROCO:8358) Change In Receivables: NT$-1,007 Mil (TTM As of Jun. 2026)

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ROCO:8358 Co-Tech Development Corp ROCO:8358
77 GF Score
Price NT$499.50
GF Value NT$108.79
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Co-Tech Development Change In Receivables?

Co-Tech Development ROCO:8358 +4.39% 77 Change In Receivables is NT$-1,007 Mil as of Jun. 2026. GuruFocus rates ROCO:8358 with a GF Score™ of 77/100 and a GF Value™ of NT$108.79 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Co-Tech Development's change in receivables for the quarter that ended in Jun. 2026 was NT$-246 Mil. It means Co-Tech Development's Accounts Receivable increased by NT$246 Mil from Mar. 2026 to Jun. 2026 .

Co-Tech Development's change in receivables for the fiscal year that ended in Dec. 2025 was NT$-614 Mil. It means Co-Tech Development's Accounts Receivable increased by NT$614 Mil from Dec. 2024 to Dec. 2025 .

Co-Tech Development's Accounts Receivable for the quarter that ended in Jun. 2026 was NT$2,985 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. Co-Tech Development's Days Sales Outstanding for the three months ended in Jun. 2026 was 97.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Co-Tech Development's liquidation value for the three months ended in Jun. 2026 was NT$1,052 Mil.

Co-Tech Development  (ROCO:8358) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2985.107/2804.743*91
=97.12

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

Co-Tech Development'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)
=1216.134-3065.079+0.75 * 2985.107+0.5 * 1323.328
=1,052

* 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.

Co-Tech Development Change In Receivables Related Terms

Co-Tech Development Change In Receivables Historical Data

* Premium members only.

The historical data trend for Co-Tech Development'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.

Co-Tech Development Change In Receivables Chart

Co-Tech Development 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 -344.59 333.79 90.12 -97.46 -613.72

Co-Tech Development Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only -111.84 -136.30 -252.06 -372.96 -245.90
ROCO:8358
77GF Score
Co-Tech Development Corp ROCO:8358
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Co-Tech Development 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$-1,007 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$-1,007 Mil mean?
Co-Tech Development (ROCO:8358) has a Change In Receivables of NT$-1,007 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Co-Tech Development and its competitors.
Is Co-Tech Development's Change In Receivables too high?
Co-Tech Development's current Change In Receivables is NT$-1,007 Mil. Overall, Co-Tech Development has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Co-Tech Development's Change In Receivables compare to APH and GLW?
Co-Tech Development's Change In Receivables of NT$-1,007 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Receivables depends on the Hardware 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 Co-Tech Development and its competitors. Co-Tech Development's current Change In Receivables is NT$-1,007 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Co-Tech Development stock overvalued right now?
Based on GuruFocus' analysis, Co-Tech Development (ROCO:8358) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$108.79, compared to a current price of NT$499.50 — trading 359.1% above its estimated fair value. The current Change In Receivables is NT$-1,007 Mil. Co-Tech Development's overall GF Score™ is 77/100 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 Co-Tech Development (ROCO:8358), the current Change In Receivables is NT$-1,007 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 Co-Tech Development (ROCO:8358) Overvalued in 2026?

Based on GuruFocus' analysis, Co-Tech Development stock appears to be overvalued. The current stock price of NT$499.50 is trading 359.1% above its estimated GF Value™ of NT$108.79. GuruFocus considers Co-Tech Development to be Significantly Overvalued.

Key valuation signals for ROCO:8358:

  • Change In Receivables: NT$-1,007 Mil
  • GF Value™: NT$108.79 vs. price of NT$499.50 (359.1% above fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the ROCO:8358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Co-Tech Development Business Description

Address No. 392, Ruiguang Road, 18th Floor, Neihu District, Taipei, TWN, 114
Co-Tech Development Corp manufactures and sells standard, low profile and high-performance series of copper foil products to supply the printed circuit board industry. Its products include IT, 3C Products HDI, LED car lighting module, Server, Switch, Storage, Rigid-Flex PCB, Touch module, 3D face recognition, Automotive market, 5G Antenna Radar, ADAS, HDI / Rigid-Flex Board, Touch module, Wearable devices / VR, Augmented Reality, Mobile terminal, 3D face recognition, Communication module. The group has only copper foil segment operating in two principal geographical areas - Taiwan and China.
77GF Score

Get the complete analysis for ROCO:8358

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

NT$499.50
Price
NT$108.79
GF Value