Soonest Express Co (ROCO:2643) Receivables Turnover: 1.21 (As of Jun. 2026)

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ROCO:2643 Soonest Express Co Ltd ROCO:2643
76 GF Score
Price NT$61.90
GF Value NT$111.70
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Soonest Express Co Receivables Turnover?

Soonest Express Co ROCO:2643 +1.81% 76 Receivables Turnover is 1.21 as of Jun. 2026. GuruFocus rates ROCO:2643 with a GF Score™ of 76/100 and a GF Value™ of NT$111.70 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 998 Transportation companies, Soonest Express Co ranks worse than 75.75% 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. Soonest Express Co's Revenue for the three months ended in Jun. 2026 was NT$1,955 Mil. Soonest Express Co's average Accounts Receivable for the three months ended in Jun. 2026 was NT$1,620 Mil. Hence, Soonest Express Co's Receivables Turnover for the three months ended in Jun. 2026 was 1.21.


Soonest Express Co  (ROCO:2643) 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.


Soonest Express Co Receivables Turnover Related Terms


Soonest Express Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Soonest Express 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.

Soonest Express Co Receivables Turnover Chart

Soonest Express Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.07 5.70 3.38 3.67 5.07

Soonest Express Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 1.36 1.27 0.88 1.21

ROCO:2643 vs UPS, FDX, JBHT: Receivables Turnover Comparison

For the Integrated Freight & Logistics subindustry, Soonest Express 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.


Soonest Express Co Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Soonest Express Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Soonest Express Co's Receivables Turnover falls into.


ROCO:2643
76GF Score
Soonest Express Co Ltd ROCO:2643
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Soonest Express Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Soonest Express Co's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=8398.72 / ((1406.556 + 1906.824) / 2 )
=8398.72 / 1656.69
=5.07

Soonest Express Co's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=1955.129 / ((1416.752 + 1823.19) / 2 )
=1955.129 / 1619.971
=1.21

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.21 mean?
Soonest Express Co (ROCO:2643) has a Receivables Turnover of 1.21 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 Soonest Express Co and its competitors. According to the industry distribution chart, Soonest Express Co ranks #756 out of 998 companies in the Transportation industry, placing it in the top 75.8%.
Is Soonest Express Co's Receivables Turnover too high?
Soonest Express Co's current Receivables Turnover is 1.21. The Transportation industry median Receivables Turnover is 7.79. Soonest Express Co's value of 1.21 is 84.5% below this industry median. Based on the distribution chart, Soonest Express Co ranks #756 out of 998 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Soonest Express Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Soonest Express Co's Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, Soonest Express Co ranks #756 out of 998 companies for Receivables Turnover. This places Soonest Express Co in the lower half of its industry. The industry median Receivables Turnover is 7.79. Soonest Express Co's value of 1.21 is 84.5% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.79, based on 998 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. Soonest Express Co's current Receivables Turnover of 1.21 is 84.5% 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 Soonest Express Co and its competitors. For the Transportation industry, the median Receivables Turnover is 7.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Soonest Express Co's current Receivables Turnover is 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Soonest Express Co stock overvalued right now?
Based on GuruFocus' analysis, Soonest Express Co (ROCO:2643) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$111.70, compared to a current price of NT$61.90 — trading 44.6% below its estimated fair value. The current Receivables Turnover is 1.21 and 84.5% below the Transportation industry median of 7.79. Soonest Express Co's overall GF Score™ is 76/100 with 3 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 Soonest Express Co (ROCO:2643), the current Receivables Turnover is 1.21 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 Soonest Express Co (ROCO:2643) Overvalued in 2026?

Based on GuruFocus' analysis, Soonest Express Co stock appears to be undervalued. The current stock price of NT$61.90 is trading 44.6% below its estimated GF Value™ of NT$111.70. GuruFocus considers Soonest Express Co to be Significantly Undervalued.

Key valuation signals for ROCO:2643:

  • Receivables Turnover: 1.21
  • GF Value™: NT$111.70 vs. price of NT$61.90 (44.6% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 84.5% below the Transportation median (#756 of 998)

No single metric tells the full story. See the ROCO:2643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Soonest Express Co Business Description

Address 4th Floor, Number 34, Rui Guang Road, Taipei, TWN, 114
Soonest Express Co Ltd is a Taiwan based company involved in providing cargo handling services to airlines. The company's services include Air Freight Forwarding, Ocean Freight Forwarding, Custom Clearance, Transit, and Courier Express.
76GF Score

Get the complete analysis for ROCO:2643

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$61.90
Price
NT$111.70
GF Value