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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. St Shine Optical Co's Revenue for the
three
months ended in Mar. 2026 was NT$900 Mil. St Shine Optical Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$552 Mil.
Hence, St Shine Optical Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.63.
St Shine Optical Co (ROCO:1565) 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.
St Shine Optical Co Receivables Turnover Related Terms
St Shine Optical Co Receivables Turnover Historical Data
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The historical data trend for St Shine Optical 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.
ROCO:1565 vs ISRG, BDX, MDLN: Receivables Turnover Comparison
For the Medical Instruments & Supplies subindustry, St Shine Optical 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.
St Shine Optical Co Receivables Turnover vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, St Shine Optical Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where St Shine Optical 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.
St Shine Optical Co (ROCO:1565) has a Receivables Turnover of 1.63 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 St Shine Optical Co and its competitors. According to the industry distribution chart, St Shine Optical Co ranks #322 out of 813 companies in the Medical Devices & Instruments industry, placing it in the top 39.6%.
Is St Shine Optical Co's Receivables Turnover too high?
St Shine Optical Co's current Receivables Turnover is 1.63. The Medical Devices & Instruments industry median Receivables Turnover is 5.60. St Shine Optical Co's value of 1.63 is 70.9% below this industry median. Based on the distribution chart, St Shine Optical Co ranks #322 out of 813 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, St Shine Optical Co has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does St Shine Optical Co's Receivables Turnover compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, St Shine Optical Co ranks #322 out of 813 companies for Receivables Turnover. This puts St Shine Optical Co in the upper half of its industry. The industry median Receivables Turnover is 5.60. St Shine Optical Co's value of 1.63 is 70.9% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.60, based on 813 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. St Shine Optical Co's current Receivables Turnover of 1.63 is 70.9% 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 St Shine Optical Co and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. St Shine Optical Co's current Receivables Turnover is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is St Shine Optical Co stock overvalued right now?
Based on GuruFocus' analysis, St Shine Optical Co (ROCO:1565) is currently considered Possible Value Trap. The stock's GF Value™ is NT$159.30, compared to a current price of NT$94.60 — trading 40.6% below its estimated fair value. The current Receivables Turnover is 1.63 and 70.9% below the Medical Devices & Instruments industry median of 5.60. St Shine Optical Co's overall GF Score™ is 71/100 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 St Shine Optical Co (ROCO:1565), the current Receivables Turnover is 1.63 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 St Shine Optical Co (ROCO:1565) Overvalued in 2026?
Based on GuruFocus' analysis, St Shine Optical Co stock appears to be undervalued.
The current stock price of NT$94.60 is trading 40.6% below its estimated GF Value™ of NT$159.30.
GuruFocus considers St Shine Optical Co to be Possible Value Trap.
Key valuation signals for ROCO:1565:
Receivables Turnover: 1.63
GF Value™: NT$159.30 vs. price of NT$94.60 (40.6% below fair value)
Industry Position: 70.9% below the Medical Devices & Instruments median (#322 of 813)
No single metric tells the full story. See the ROCO:1565 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
St Shine Optical Co Ltd is engaged in the manufacturing and trading of contact lenses (soft and hard), optical lenses, and related products. Geographically, the company generates maximum of its revenue from Asia (excluding Taiwan), followed by Europe, Taiwan, and America.
71GF Score
Get the complete analysis for ROCO:1565
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