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.
Munsin GarmentROCO:2916 +0.24%77 Receivables Turnover is 1.72 as of Mar. 2026. GuruFocus rates ROCO:2916 with a GF Score™ of 77/100 and a GF Value™ of NT$47.20 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,032 Manufacturing - Apparel & Accessories companies, Munsin Garment ranks better than 55.14% 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. Munsin Garment's Revenue for the
three
months ended in Mar. 2026 was NT$538 Mil. Munsin Garment's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$314 Mil.
Hence, Munsin Garment's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.72.
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.
Munsin Garment Receivables Turnover Related Terms
Munsin Garment Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Munsin Garment'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:2916 vs RL, LEVI, VFC: Receivables Turnover Comparison
For the Apparel Manufacturing subindustry, Munsin Garment'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.
Munsin Garment Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Munsin Garment's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Munsin Garment'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.
Munsin Garment (ROCO:2916) has a Receivables Turnover of 1.72 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 Munsin Garment and its competitors. According to the industry distribution chart, Munsin Garment ranks #463 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 44.9%.
Is Munsin Garment's Receivables Turnover too high?
Munsin Garment's current Receivables Turnover is 1.72. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.89. Munsin Garment's value of 1.72 is 75% below this industry median. Based on the distribution chart, Munsin Garment ranks #463 out of 1032 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Munsin Garment has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munsin Garment's Receivables Turnover compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Munsin Garment ranks #463 out of 1032 companies for Receivables Turnover. This puts Munsin Garment in the upper half of its industry. The industry median Receivables Turnover is 6.89. Munsin Garment's value of 1.72 is 75% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.89, based on 1,032 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. Munsin Garment's current Receivables Turnover of 1.72 is 75% 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 Munsin Garment and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munsin Garment's current Receivables Turnover is 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munsin Garment stock overvalued right now?
Based on GuruFocus' analysis, Munsin Garment (ROCO:2916) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$47.20, compared to a current price of NT$41.00 — trading 13.1% below its estimated fair value. The current Receivables Turnover is 1.72 and 75% below the Manufacturing - Apparel & Accessories industry median of 6.89. Munsin Garment's overall GF Score™ is 77/100 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 Munsin Garment (ROCO:2916), the current Receivables Turnover is 1.72 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 Munsin Garment (ROCO:2916) Overvalued in 2026?
Based on GuruFocus' analysis, Munsin Garment stock appears to be undervalued.
The current stock price of NT$41.00 is trading 13.1% below its estimated GF Value™ of NT$47.20.
GuruFocus considers Munsin Garment to be Modestly Undervalued.
Key valuation signals for ROCO:2916:
Receivables Turnover: 1.72
GF Value™: NT$47.20 vs. price of NT$41.00 (13.1% below fair value)
Industry Position: 75% below the Manufacturing - Apparel & Accessories median (#463 of 1032)
No single metric tells the full story. See the ROCO:2916 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Munsin Garment Corp is mainly engaged in the manufacturing and sale of various garments and knitwear; acting as a product distribution, bidding, and quoting agent for domestic and international brands; and the import and export trade operations related to these business activities. The company deals in men's and women's apparel products of various international brands, such as Munsingwear, Le Coq Sportif, Pou Dou Dou, Eminento, Nara CamiCie, Hazzy, and others. Geographically, all of its revenue is derived from Taiwan.
77GF Score
Get the complete analysis for ROCO:2916
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:2916 has been successfully added to your 
