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.
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.
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. Deswell Industries's Revenue for the
six
months ended in Mar. 2026 was $28.10 Mil. Deswell Industries's average Accounts Receivable for the
six
months ended in Mar. 2026 was $12.67 Mil.
Hence, Deswell Industries's Receivables Turnover for the
six
months ended in Mar. 2026 was 2.22.
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.
Deswell Industries Receivables Turnover Related Terms
Deswell Industries Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Deswell Industries'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.
DSWL vs ELTK, LINK, IEHC: Receivables Turnover Comparison
For the Electronic Components subindustry, Deswell Industries'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.
Deswell Industries Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Deswell Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Deswell Industries's Receivables Turnover falls into.
* 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.
Deswell Industries (DSWL) has a Receivables Turnover of 2.22 as of Mar. 2026. 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 Deswell Industries and its competitors. According to the industry distribution chart, Deswell Industries ranks #1128 out of 2472 companies in the Hardware industry, placing it in the top 45.6%.
Is Deswell Industries' Receivables Turnover too high?
Deswell Industries' current Receivables Turnover is 2.22. The Hardware industry median Receivables Turnover is 4.90. Deswell Industries' value of 2.22 is 54.6% below this industry median. Based on the distribution chart, Deswell Industries ranks #1128 out of 2472 companies in the Hardware industry, which is above the industry midpoint. Overall, Deswell Industries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deswell Industries' Receivables Turnover compare to ELTK and LINK?
According to the Hardware industry distribution chart, Deswell Industries ranks #1128 out of 2472 companies for Receivables Turnover. This puts Deswell Industries in the upper half of its industry. The industry median Receivables Turnover is 4.90. Deswell Industries' value of 2.22 is 54.6% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,472 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. Deswell Industries's current Receivables Turnover of 2.22 is 54.6% 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 Deswell Industries and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deswell Industries's current Receivables Turnover is 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deswell Industries stock overvalued right now?
Based on GuruFocus' analysis, Deswell Industries (DSWL) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.16, compared to a current price of $3.63 — trading 67.8% above its estimated fair value. The current Receivables Turnover is 2.22 and 54.6% below the Hardware industry median of 4.90. Deswell Industries' overall GF Score™ is 64/100 with 5 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 Deswell Industries (DSWL), the current Receivables Turnover is 2.22 as of Mar. 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 Deswell Industries (DSWL) Overvalued in 2026?
Based on GuruFocus' analysis, Deswell Industries stock appears to be overvalued.
The current stock price of $3.63 is trading 67.8% above its estimated GF Value™ of $2.16.
GuruFocus considers Deswell Industries to be Significantly Overvalued.
Key valuation signals for DSWL:
Receivables Turnover: 2.22
GF Value™: $2.16 vs. price of $3.63 (67.8% above fair value)
Industry Position: 54.6% below the Hardware median (#1128 of 2472)
No single metric tells the full story. See the DSWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deswell Industries Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. In addition, it also offers manufacturing services for electronic products and subassemblies and manufactures metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. The company conducts all of its manufacturing activities at separate plastics, electronics and metallic operation factories located in the People's Republic of China. It operates through the Plastic Injection Molding and Electronic Products Assembling segments. The firm offers products such as automobile components, medical testing equipment, parts for audio equipment, av receivers, active subwoofers, digital system key sets, communication products and others.
64GF Score
Get the complete analysis for DSWL
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DSWL has been successfully added to your 
