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.
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. Zhen Yu Hardware Co's Revenue for the
three
months ended in Mar. 2026 was NT$586 Mil. Zhen Yu Hardware Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$9 Mil.
Hence, Zhen Yu Hardware Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 68.53.
Zhen Yu Hardware Co (ROCO:2947) 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.
Zhen Yu Hardware Co Receivables Turnover Related Terms
Zhen Yu Hardware Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Zhen Yu Hardware 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:2947 vs CASY, WSM, ULTA: Receivables Turnover Comparison
For the Specialty Retail subindustry, Zhen Yu Hardware 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.
Zhen Yu Hardware Co Receivables Turnover vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Zhen Yu Hardware Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Zhen Yu Hardware 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.
Zhen Yu Hardware Co (ROCO:2947) has a Receivables Turnover of 68.53 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 Zhen Yu Hardware Co and its competitors. According to the industry distribution chart, Zhen Yu Hardware Co ranks #70 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 6.3%.
Is Zhen Yu Hardware Co's Receivables Turnover too high?
Zhen Yu Hardware Co's current Receivables Turnover is 68.53. The Retail - Cyclical industry median Receivables Turnover is 20.14. Zhen Yu Hardware Co's value of 68.53 is 240.4% above this industry median. Based on the distribution chart, Zhen Yu Hardware Co ranks #70 out of 1108 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Zhen Yu Hardware Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhen Yu Hardware Co's Receivables Turnover compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Zhen Yu Hardware Co ranks #70 out of 1108 companies for Receivables Turnover. This places Zhen Yu Hardware Co in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 20.14. Zhen Yu Hardware Co's value of 68.53 is 240.4% above 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 20.14, based on 1,108 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. Zhen Yu Hardware Co's current Receivables Turnover of 68.53 is 240.4% above 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 Zhen Yu Hardware Co and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 20.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhen Yu Hardware Co's current Receivables Turnover is 68.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhen Yu Hardware Co stock overvalued right now?
Based on GuruFocus' analysis, Zhen Yu Hardware Co (ROCO:2947) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$82.97, compared to a current price of NT$62.20 — trading 25% below its estimated fair value. The current Receivables Turnover is 68.53 and 240.4% above the Retail - Cyclical industry median of 20.14. Zhen Yu Hardware Co's overall GF Score™ is 79/100 with 8 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 Zhen Yu Hardware Co (ROCO:2947), the current Receivables Turnover is 68.53 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 Zhen Yu Hardware Co (ROCO:2947) Overvalued in 2026?
Based on GuruFocus' analysis, Zhen Yu Hardware Co stock appears to be undervalued.
The current stock price of NT$62.20 is trading 25% below its estimated GF Value™ of NT$82.97.
GuruFocus considers Zhen Yu Hardware Co to be Modestly Undervalued.
Key valuation signals for ROCO:2947:
Receivables Turnover: 68.53
GF Value™: NT$82.97 vs. price of NT$62.20 (25% below fair value)
Industry Position: 240.4% above the Retail - Cyclical median (#70 of 1108)
No single metric tells the full story. See the ROCO:2947 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhen Yu Hardware Co Ltd is mainly engaged in the wholesale and retail of hardware in Taiwan. It offers a wide range of hardware, repair tools, and supplies such as knives, scissors, chisels, grinding machines, cutting machines, hand screws, foot lamp holders, LED bulbs, wrenches, screw drivers, etc. The company offers these products through its retail stores located throughout Taiwan, and is also involved in selling them online through its e-commerce website.
79GF Score
Get the complete analysis for ROCO:2947
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:2947 has been successfully added to your 
