Howteh Technology Co (ROCO:3114) Receivables Turnover: 0.78 (As of Mar. 2026)

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ROCO:3114 Howteh Technology Co Ltd ROCO:3114
65 GF Score
Price NT$33.50
GF Value NT$28.52
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Howteh Technology Co Receivables Turnover?

Howteh Technology Co ROCO:3114 -4.29% 65 Receivables Turnover is 0.78 as of Mar. 2026. GuruFocus rates ROCO:3114 with a GF Score™ of 65/100 and a GF Value™ of NT$28.52 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 159 Industrial Distribution companies, Howteh Technology Co ranks worse than 86.79% 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. Howteh Technology Co's Revenue for the three months ended in Mar. 2026 was NT$734 Mil. Howteh Technology Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$942 Mil. Hence, Howteh Technology Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.78.


Howteh Technology Co  (ROCO:3114) 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.


Howteh Technology Co Receivables Turnover Related Terms


Howteh Technology Co Receivables Turnover Historical Data

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The historical data trend for Howteh Technology 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.

Howteh Technology Co Receivables Turnover Chart

Howteh Technology 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 3.27 2.91 2.99 3.11 3.25

Howteh Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.73 0.99 0.77 0.78 0.78

ROCO:3114 vs GWW, FAST, FERG: Receivables Turnover Comparison

For the Industrial Distribution subindustry, Howteh Technology 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.


Howteh Technology Co Receivables Turnover vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Howteh Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Howteh Technology Co's Receivables Turnover falls into.


ROCO:3114
65GF Score
Howteh Technology Co Ltd ROCO:3114
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Howteh Technology Co Receivables Turnover Calculation

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

Howteh Technology 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 )
=3013.984 / ((895.439 + 961.848) / 2 )
=3013.984 / 928.6435
=3.25

Howteh Technology Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=734.092 / ((961.848 + 921.631) / 2 )
=734.092 / 941.7395
=0.78

* 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 0.78 mean?
Howteh Technology Co (ROCO:3114) has a Receivables Turnover of 0.78 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 Howteh Technology Co and its competitors. According to the industry distribution chart, Howteh Technology Co ranks #138 out of 159 companies in the Industrial Distribution industry, placing it in the top 86.8%.
Is Howteh Technology Co's Receivables Turnover too high?
Howteh Technology Co's current Receivables Turnover is 0.78. The Industrial Distribution industry median Receivables Turnover is 5.95. Howteh Technology Co's value of 0.78 is 86.9% below this industry median. Based on the distribution chart, Howteh Technology Co ranks #138 out of 159 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Howteh Technology Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howteh Technology Co's Receivables Turnover compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Howteh Technology Co ranks #138 out of 159 companies for Receivables Turnover. This places Howteh Technology Co in the lower half of its industry. The industry median Receivables Turnover is 5.95. Howteh Technology Co's value of 0.78 is 86.9% 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 an Industrial Distribution company?
The median Receivables Turnover among Industrial Distribution companies is 5.95, based on 159 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. Howteh Technology Co's current Receivables Turnover of 0.78 is 86.9% 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 Howteh Technology Co and its competitors. For the Industrial Distribution industry, the median Receivables Turnover is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howteh Technology Co's current Receivables Turnover is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howteh Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Howteh Technology Co (ROCO:3114) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$28.52, compared to a current price of NT$33.50 — trading 17.5% above its estimated fair value. The current Receivables Turnover is 0.78 and 86.9% below the Industrial Distribution industry median of 5.95. Howteh Technology Co's overall GF Score™ is 65/100 with 2 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 Howteh Technology Co (ROCO:3114), the current Receivables Turnover is 0.78 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 Howteh Technology Co (ROCO:3114) Overvalued in 2026?

Based on GuruFocus' analysis, Howteh Technology Co stock appears to be overvalued. The current stock price of NT$33.50 is trading 17.5% above its estimated GF Value™ of NT$28.52. GuruFocus considers Howteh Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:3114:

  • Receivables Turnover: 0.78
  • GF Value™: NT$28.52 vs. price of NT$33.50 (17.5% above fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 86.9% below the Industrial Distribution median (#138 of 159)

No single metric tells the full story. See the ROCO:3114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howteh Technology Co Business Description

Address 6th Floor, No. 25, Section 1, Dunhua South Road, Taipei, TWN, 105
Howteh Technology Co Ltd is engaged mainly in trading and agency business in passive electronic components, active electronic components, integrated circuit carrier board equipment, chemicals and raw materials, semiconductors and optical equipment. Its operating segment includes Taiwan Segment responsible for the agency sales of electronic components and process equipment in Taiwan; and China and South East Asia segment responsible for the distribution of electronic components in Eastern and Southern China (including Hongkong) and Vietnam. The majority of the revenue is derived from the Taiwan segment.
65GF Score

Get the complete analysis for ROCO:3114

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

NT$33.50
Price
NT$28.52
GF Value