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. Tung Mung Development Co's Revenue for the
six
months ended in Jun. 2026 was NT$5,657 Mil. Tung Mung Development Co's average Accounts Receivable for the
six
months ended in Jun. 2026 was NT$67 Mil.
Hence, Tung Mung Development Co's Receivables Turnover for the
six
months ended in Jun. 2026 was 84.29.
Tung Mung Development Co (ROCO:1480) Receivables Turnover Explanation
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.
Tung Mung Development Co Receivables Turnover Related Terms
Tung Mung Development Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Tung Mung Development Co'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.
Tung Mung Development Co Receivables Turnover Chart
ROCO:1480 vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Tung Mung Development Co'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.
Tung Mung Development Co Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Tung Mung Development Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tung Mung Development Co'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.
Tung Mung Development Co (ROCO:1480) has a Receivables Turnover of 84.29 as of Jun. 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 Tung Mung Development Co and its competitors. According to the industry distribution chart, Tung Mung Development Co ranks #13 out of 607 companies in the Steel industry, placing it in the top 2.1%.
Is Tung Mung Development Co's Receivables Turnover too high?
Tung Mung Development Co's current Receivables Turnover is 84.29. The Steel industry median Receivables Turnover is 7.23. Tung Mung Development Co's value of 84.29 is 1065.8% above this industry median. Based on the distribution chart, Tung Mung Development Co ranks #13 out of 607 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Tung Mung Development Co has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tung Mung Development Co's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Tung Mung Development Co ranks #13 out of 607 companies for Receivables Turnover. This places Tung Mung Development Co in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.23. Tung Mung Development Co's value of 84.29 is 1065.8% above 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 Steel company?
The median Receivables Turnover among Steel companies is 7.23, based on 607 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. Tung Mung Development Co's current Receivables Turnover of 84.29 is 1065.8% above 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 Tung Mung Development Co and its competitors. For the Steel industry, the median Receivables Turnover is 7.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tung Mung Development Co's current Receivables Turnover is 84.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tung Mung Development Co stock overvalued right now?
Based on GuruFocus' analysis, Tung Mung Development Co (ROCO:1480) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$11.93, compared to a current price of NT$7.83 — trading 34.4% below its estimated fair value. The current Receivables Turnover is 84.29 and 1065.8% above the Steel industry median of 7.23. Tung Mung Development Co's overall GF Score™ is 50/100 with 4 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 Tung Mung Development Co (ROCO:1480), the current Receivables Turnover is 84.29 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 Tung Mung Development Co (ROCO:1480) Overvalued in 2026?
Based on GuruFocus' analysis, Tung Mung Development Co stock appears to be undervalued.
The current stock price of NT$7.83 is trading 34.4% below its estimated GF Value™ of NT$11.93.
GuruFocus considers Tung Mung Development Co to be Significantly Undervalued.
Key valuation signals for ROCO:1480:
Receivables Turnover: 84.29
GF Value™: NT$11.93 vs. price of NT$7.83 (34.4% below fair value)
Industry Position: 1065.8% above the Steel median (#13 of 607)
No single metric tells the full story. See the ROCO:1480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tung Mung Development Co Ltd engages in manufacturing stainless steel products. The firm produces steel grades, stainless steel coils, and stainless steel sheets.
50GF Score
Get the complete analysis for ROCO:1480
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
ROCO:1480 has been successfully added to your 
