Mildef Crete (ROCO:3213) Receivables Turnover: 5.01 (As of Mar. 2026)

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ROCO:3213 Mildef Crete Inc ROCO:3213
65 GF Score
Price NT$134.00
GF Value NT$93.42
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Mildef Crete Receivables Turnover?

Mildef Crete ROCO:3213 -1.47% 65 Receivables Turnover is 5.01 as of Mar. 2026. GuruFocus rates ROCO:3213 with a GF Score™ of 65/100 and a GF Value™ of NT$93.42 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,468 Hardware companies, Mildef Crete ranks better than 94.61% 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. Mildef Crete's Revenue for the three months ended in Mar. 2026 was NT$728 Mil. Mildef Crete's average Accounts Receivable for the three months ended in Mar. 2026 was NT$145 Mil. Hence, Mildef Crete's Receivables Turnover for the three months ended in Mar. 2026 was 5.01.


Mildef Crete  (ROCO:3213) 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.


Mildef Crete Receivables Turnover Related Terms


Mildef Crete Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mildef Crete'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.

Mildef Crete Receivables Turnover Chart

Mildef Crete 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 21.75 30.16 11.12 8.86 18.98

Mildef Crete 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 3.46 3.36 3.23 2.95 5.01

ROCO:3213 vs DELL, ANET, SNDK: Receivables Turnover Comparison

For the Computer Hardware subindustry, Mildef Crete'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.


Mildef Crete Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Mildef Crete's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mildef Crete's Receivables Turnover falls into.


ROCO:3213
65GF Score
Mildef Crete Inc ROCO:3213
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mildef Crete Receivables Turnover Calculation

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

Mildef Crete'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 )
=2887.211 / ((214.759 + 89.416) / 2 )
=2887.211 / 152.0875
=18.98

Mildef Crete'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 )
=728.281 / ((89.416 + 201.499) / 2 )
=728.281 / 145.4575
=5.01

* 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 5.01 mean?
Mildef Crete (ROCO:3213) has a Receivables Turnover of 5.01 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 Mildef Crete and its competitors. According to the industry distribution chart, Mildef Crete ranks #133 out of 2468 companies in the Hardware industry, placing it in the top 5.4%.
Is Mildef Crete's Receivables Turnover too high?
Mildef Crete's current Receivables Turnover is 5.01. The Hardware industry median Receivables Turnover is 4.95. Mildef Crete's value of 5.01 is 1.2% above this industry median. Based on the distribution chart, Mildef Crete ranks #133 out of 2468 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mildef Crete has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mildef Crete's Receivables Turnover compare to DELL and ANET?
According to the Hardware industry distribution chart, Mildef Crete ranks #133 out of 2468 companies for Receivables Turnover. This places Mildef Crete in the top 5% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.95. Mildef Crete's value of 5.01 is 1.2% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.95, based on 2,468 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. Mildef Crete's current Receivables Turnover of 5.01 is 1.2% 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 Mildef Crete and its competitors. For the Hardware industry, the median Receivables Turnover is 4.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mildef Crete's current Receivables Turnover is 5.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mildef Crete stock overvalued right now?
Based on GuruFocus' analysis, Mildef Crete (ROCO:3213) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$93.42, compared to a current price of NT$134.00 — trading 43.4% above its estimated fair value. The current Receivables Turnover is 5.01 and 1.2% above the Hardware industry median of 4.95. Mildef Crete's overall GF Score™ is 65/100 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 Mildef Crete (ROCO:3213), the current Receivables Turnover is 5.01 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 Mildef Crete (ROCO:3213) Overvalued in 2026?

Based on GuruFocus' analysis, Mildef Crete stock appears to be overvalued. The current stock price of NT$134.00 is trading 43.4% above its estimated GF Value™ of NT$93.42. GuruFocus considers Mildef Crete to be Significantly Overvalued.

Key valuation signals for ROCO:3213:

  • Receivables Turnover: 5.01
  • GF Value™: NT$93.42 vs. price of NT$134.00 (43.4% above fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 1.2% above the Hardware median (#133 of 2468)

No single metric tells the full story. See the ROCO:3213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mildef Crete Business Description

Address Beishen Road, 7th Floor, No. 250, Section 3, Shenkeng District, New Taipei City, TWN, 222
Mildef Crete Inc is an international company with a focus on the design, manufacturing, and marketing of rugged devices in laptop, handheld, and tablet form factors, as well as their associated accessories. Its product portfolio comprises mobile workstations, rugged computers, customised rugged controllers, tablets, handheld devices, and related accessories such as docklite, keyboards, battery chargers, military connectors, etc. The majority of the Group's revenue is generated from the sale of business and rugged computers. Geographically, it generates maximum revenue from Asia, and the rest from Europe, Oceania, and the Americas.
65GF Score

Get the complete analysis for ROCO:3213

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

NT$134.00
Price
NT$93.42
GF Value