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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. RAC Electric Vehicles's Revenue for the
six
months ended in Dec. 2025 was NT$1,339 Mil. RAC Electric Vehicles's average Accounts Receivable for the
six
months ended in Dec. 2025 was NT$326 Mil.
Hence, RAC Electric Vehicles's Receivables Turnover for the
six
months ended in Dec. 2025 was 4.11.
RAC Electric Vehicles (ROCO:2237) 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.
RAC Electric Vehicles Receivables Turnover Related Terms
RAC Electric Vehicles Receivables Turnover Historical Data
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The historical data trend for RAC Electric Vehicles'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:2237 vs TSLA, GM, F: Receivables Turnover Comparison
For the Auto Manufacturers subindustry, RAC Electric Vehicles'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.
RAC Electric Vehicles Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, RAC Electric Vehicles's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where RAC Electric Vehicles'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.
RAC Electric Vehicles (ROCO:2237) has a Receivables Turnover of 4.11 as of Dec. 2025. 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 RAC Electric Vehicles and its competitors. According to the industry distribution chart, RAC Electric Vehicles ranks #389 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 29.6%.
Is RAC Electric Vehicles' Receivables Turnover too high?
RAC Electric Vehicles' current Receivables Turnover is 4.11. The Vehicles & Parts industry median Receivables Turnover is 5.99. RAC Electric Vehicles' value of 4.11 is 31.4% below this industry median. Based on the distribution chart, RAC Electric Vehicles ranks #389 out of 1315 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, RAC Electric Vehicles has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RAC Electric Vehicles' Receivables Turnover compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, RAC Electric Vehicles ranks #389 out of 1315 companies for Receivables Turnover. This puts RAC Electric Vehicles in the upper half of its industry. The industry median Receivables Turnover is 5.99. RAC Electric Vehicles' value of 4.11 is 31.4% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,315 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. RAC Electric Vehicles's current Receivables Turnover of 4.11 is 31.4% 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 RAC Electric Vehicles and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RAC Electric Vehicles's current Receivables Turnover is 4.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RAC Electric Vehicles stock overvalued right now?
Based on GuruFocus' analysis, RAC Electric Vehicles (ROCO:2237) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$39.90, compared to a current price of NT$27.00 — trading 32.3% below its estimated fair value. The current Receivables Turnover is 4.11 and 31.4% below the Vehicles & Parts industry median of 5.99. RAC Electric Vehicles' overall GF Score™ is 53/100 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 RAC Electric Vehicles (ROCO:2237), the current Receivables Turnover is 4.11 as of Dec. 2025. 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 RAC Electric Vehicles (ROCO:2237) Overvalued in 2026?
Based on GuruFocus' analysis, RAC Electric Vehicles stock appears to be undervalued.
The current stock price of NT$27.00 is trading 32.3% below its estimated GF Value™ of NT$39.90.
GuruFocus considers RAC Electric Vehicles to be Significantly Undervalued.
Key valuation signals for ROCO:2237:
Receivables Turnover: 4.11
GF Value™: NT$39.90 vs. price of NT$27.00 (32.3% below fair value)
Industry Position: 31.4% below the Vehicles & Parts median (#389 of 1315)
No single metric tells the full story. See the ROCO:2237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RAC Electric Vehicles Inc is a Taiwan-licensed car manufacturer, to develop an all-electric low-floor city bus. The comapny's main businesses include battery manufacturing, battery wholesale, manufacturing of automotive and parts, and the retail of auto and motorcycle parts and accessories.
53GF Score
Get the complete analysis for ROCO:2237
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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