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Taiwan Wax CoROCO:1742 51 Receivables Turnover is 2.90 as of Mar. 2026. GuruFocus rates ROCO:1742 with a GF Score™ of 51/100 and a GF Value™ of NT$4.94 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,583 Chemicals companies, Taiwan Wax Co ranks better than 82.5% on this metric.
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. Taiwan Wax Co's Revenue for the
three
months ended in Mar. 2026 was NT$17.63 Mil. Taiwan Wax Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$6.08 Mil.
Hence, Taiwan Wax Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.90.
Taiwan Wax Co (ROCO:1742) 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.
Taiwan Wax Co Receivables Turnover Related Terms
Taiwan Wax Co Receivables Turnover Historical Data
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The historical data trend for Taiwan Wax 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:1742 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Taiwan Wax 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.
Taiwan Wax Co Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiwan Wax Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Taiwan Wax 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.
Taiwan Wax Co (ROCO:1742) has a Receivables Turnover of 2.90 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 Taiwan Wax Co and its competitors. According to the industry distribution chart, Taiwan Wax Co ranks #277 out of 1583 companies in the Chemicals industry, placing it in the top 17.5%.
Is Taiwan Wax Co's Receivables Turnover too high?
Taiwan Wax Co's current Receivables Turnover is 2.90. The Chemicals industry median Receivables Turnover is 5.70. Taiwan Wax Co's value of 2.90 is 49.1% below this industry median. Based on the distribution chart, Taiwan Wax Co ranks #277 out of 1583 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan Wax Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Wax Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Wax Co ranks #277 out of 1583 companies for Receivables Turnover. This places Taiwan Wax Co in the top 18% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.70. Taiwan Wax Co's value of 2.90 is 49.1% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.70, based on 1,583 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. Taiwan Wax Co's current Receivables Turnover of 2.90 is 49.1% 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 Taiwan Wax Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Wax Co's current Receivables Turnover is 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Wax Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Wax Co (ROCO:1742) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$4.94, compared to a current price of NT$17.80 — trading 260.3% above its estimated fair value. The current Receivables Turnover is 2.90 and 49.1% below the Chemicals industry median of 5.70. Taiwan Wax Co's overall GF Score™ is 51/100 with 6 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 Taiwan Wax Co (ROCO:1742), the current Receivables Turnover is 2.90 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 Taiwan Wax Co (ROCO:1742) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Wax Co stock appears to be overvalued.
The current stock price of NT$17.80 is trading 260.3% above its estimated GF Value™ of NT$4.94.
GuruFocus considers Taiwan Wax Co to be Significantly Overvalued.
Key valuation signals for ROCO:1742:
Receivables Turnover: 2.90
GF Value™: NT$4.94 vs. price of NT$17.80 (260.3% above fair value)
Industry Position: 49.1% below the Chemicals median (#277 of 1583)
No single metric tells the full story. See the ROCO:1742 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Wax Co Ltd is engaged in manufacturing, trading, importing, and exporting various wax raw materials and finished products, trading optoelectronic equipment, trading aquatic products, and providing brokerage services. The company derives revenue from sales of merchandise derived from sales of aquatic products, optoelectronic equipment, and various finished wax products.
51GF Score
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