Joinsoon Electronics Manufacturing Co (ROCO:3322) Receivables Turnover: 0.96 (As of Mar. 2026)

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ROCO:3322 Joinsoon Electronics Manufacturing Co Ltd ROCO:3322
46 GF Score
Price NT$11.40
GF Value NT$20.05
Valuation Possible Value Trap
! 7 Warning Signs
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What is Joinsoon Electronics Manufacturing Co Receivables Turnover?

Joinsoon Electronics Manufacturing Co ROCO:3322 46 Receivables Turnover is 0.96 as of Mar. 2026. GuruFocus rates ROCO:3322 with a GF Score™ of 46/100 and a GF Value™ of NT$20.05 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,469 Hardware companies, Joinsoon Electronics Manufacturing Co ranks worse than 68.33% 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. Joinsoon Electronics Manufacturing Co's Revenue for the three months ended in Mar. 2026 was NT$784 Mil. Joinsoon Electronics Manufacturing Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$813 Mil. Hence, Joinsoon Electronics Manufacturing Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.96.


Joinsoon Electronics Manufacturing Co  (ROCO:3322) 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.


Joinsoon Electronics Manufacturing Co Receivables Turnover Related Terms


Joinsoon Electronics Manufacturing Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Joinsoon Electronics Manufacturing 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.

Joinsoon Electronics Manufacturing Co Receivables Turnover Chart

Joinsoon Electronics Manufacturing 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 4.65 3.57 3.86 3.58 3.61

Joinsoon Electronics Manufacturing 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 0.93 1.00 0.98 0.89 0.96

ROCO:3322 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, Joinsoon Electronics Manufacturing 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.


Joinsoon Electronics Manufacturing Co Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Joinsoon Electronics Manufacturing Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Joinsoon Electronics Manufacturing Co's Receivables Turnover falls into.


ROCO:3322
46GF Score
Joinsoon Electronics Manufacturing Co Ltd ROCO:3322
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Joinsoon Electronics Manufacturing Co Receivables Turnover Calculation

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

Joinsoon Electronics Manufacturing 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 )
=3004.391 / ((830.246 + 832.382) / 2 )
=3004.391 / 831.314
=3.61

Joinsoon Electronics Manufacturing 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 )
=784.415 / ((832.382 + 794.472) / 2 )
=784.415 / 813.427
=0.96

* 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 0.96 mean?
Joinsoon Electronics Manufacturing Co (ROCO:3322) has a Receivables Turnover of 0.96 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 Joinsoon Electronics Manufacturing Co and its competitors. According to the industry distribution chart, Joinsoon Electronics Manufacturing Co ranks #1687 out of 2469 companies in the Hardware industry, placing it in the top 68.3%.
Is Joinsoon Electronics Manufacturing Co's Receivables Turnover too high?
Joinsoon Electronics Manufacturing Co's current Receivables Turnover is 0.96. The Hardware industry median Receivables Turnover is 4.90. Joinsoon Electronics Manufacturing Co's value of 0.96 is 80.4% below this industry median. Based on the distribution chart, Joinsoon Electronics Manufacturing Co ranks #1687 out of 2469 companies in the Hardware industry, which is below the industry midpoint. Overall, Joinsoon Electronics Manufacturing Co has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Joinsoon Electronics Manufacturing Co's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Joinsoon Electronics Manufacturing Co ranks #1687 out of 2469 companies for Receivables Turnover. This places Joinsoon Electronics Manufacturing Co in the lower half of its industry. The industry median Receivables Turnover is 4.90. Joinsoon Electronics Manufacturing Co's value of 0.96 is 80.4% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,469 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. Joinsoon Electronics Manufacturing Co's current Receivables Turnover of 0.96 is 80.4% 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 Joinsoon Electronics Manufacturing Co and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joinsoon Electronics Manufacturing Co's current Receivables Turnover is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joinsoon Electronics Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Joinsoon Electronics Manufacturing Co (ROCO:3322) is currently considered Possible Value Trap. The stock's GF Value™ is NT$20.05, compared to a current price of NT$11.40 — trading 43.1% below its estimated fair value. The current Receivables Turnover is 0.96 and 80.4% below the Hardware industry median of 4.90. Joinsoon Electronics Manufacturing Co's overall GF Score™ is 46/100 with 7 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 Joinsoon Electronics Manufacturing Co (ROCO:3322), the current Receivables Turnover is 0.96 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 Joinsoon Electronics Manufacturing Co (ROCO:3322) Overvalued in 2026?

Based on GuruFocus' analysis, Joinsoon Electronics Manufacturing Co stock appears to be undervalued. The current stock price of NT$11.40 is trading 43.1% below its estimated GF Value™ of NT$20.05. GuruFocus considers Joinsoon Electronics Manufacturing Co to be Possible Value Trap.

Key valuation signals for ROCO:3322:

  • Receivables Turnover: 0.96
  • GF Value™: NT$20.05 vs. price of NT$11.40 (43.1% below fair value)
  • GF Score™: 46/100 with 7 warning signs
  • Industry Position: 80.4% below the Hardware median (#1687 of 2469)

No single metric tells the full story. See the ROCO:3322 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joinsoon Electronics Manufacturing Co Business Description

Address Sintai 5th Road, 19th Floor Number 79, Section 1, Xizhi District, New Taipei City, TWN, 221
Joinsoon Electronics Manufacturing Co Ltd manufactures and sells computer peripheral equipment and electronic components, The Company has three reporting departments: the connecting components segment, the electronics segment, and the high-speed internet segment. The company generates the majority of its revenue from the connecting components segment. It designs and manufactures signal cables, medical wires, connectors, computer peripheral antennas, and data storage devices.
46GF Score

Get the complete analysis for ROCO:3322

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

NT$11.40
Price
NT$20.05
GF Value