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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. Tai Shing Electronics Components's Revenue for the
three
months ended in Mar. 2026 was NT$146.3 Mil. Tai Shing Electronics Components's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$166.2 Mil.
Hence, Tai Shing Electronics Components's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.88.
Tai Shing Electronics Components (ROCO:3426) 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.
Tai Shing Electronics Components Receivables Turnover Related Terms
Tai Shing Electronics Components Receivables Turnover Historical Data
* 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.
Tai Shing Electronics Components Receivables Turnover Chart
ROCO:3426 vs APH, GLW, TEL: Receivables Turnover Comparison
For the Electronic Components subindustry, Tai Shing Electronics Components'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.
Tai Shing Electronics Components Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Tai Shing Electronics Components's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tai Shing Electronics Components'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.
Tai Shing Electronics Components (ROCO:3426) has a Receivables Turnover of 0.88 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 Tai Shing Electronics Components and its competitors. According to the industry distribution chart, Tai Shing Electronics Components ranks #2037 out of 2468 companies in the Hardware industry, placing it in the top 82.5%.
Is Tai Shing Electronics Components' Receivables Turnover too high?
Tai Shing Electronics Components' current Receivables Turnover is 0.88. The Hardware industry median Receivables Turnover is 4.97. Tai Shing Electronics Components' value of 0.88 is 82.3% below this industry median. Based on the distribution chart, Tai Shing Electronics Components ranks #2037 out of 2468 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Tai Shing Electronics Components has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Tai Shing Electronics Components' Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Tai Shing Electronics Components ranks #2037 out of 2468 companies for Receivables Turnover. This places Tai Shing Electronics Components in the lower half of its industry. The industry median Receivables Turnover is 4.97. Tai Shing Electronics Components' value of 0.88 is 82.3% 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 4.97, 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. Tai Shing Electronics Components's current Receivables Turnover of 0.88 is 82.3% 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 Tai Shing Electronics Components and its competitors. For the Hardware industry, the median Receivables Turnover is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tai Shing Electronics Components's current Receivables Turnover is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tai Shing Electronics Components stock overvalued right now?
Tai Shing Electronics Components (ROCO:3426) has a current Receivables Turnover of 0.88. The stock's GF Value™ is NT$34.15, compared to a current price of NT$47.80 — trading 40% above its estimated fair value. The current Receivables Turnover is 0.88 and 82.3% below the Hardware industry median of 4.97. Tai Shing Electronics Components' overall GF Score™ is 67/100 with 6 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 Tai Shing Electronics Components (ROCO:3426), the current Receivables Turnover is 0.88 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 Tai Shing Electronics Components (ROCO:3426) Overvalued in 2026?
Based on GuruFocus' analysis, Tai Shing Electronics Components stock appears to be overvalued.
The current stock price of NT$47.80 is trading 40% above its estimated GF Value™ of NT$34.15.
Key valuation signals for ROCO:3426:
Receivables Turnover: 0.88
GF Value™: NT$34.15 vs. price of NT$47.80 (40% above fair value)
Industry Position: 82.3% below the Hardware median (#2037 of 2468)
No single metric tells the full story. See the ROCO:3426 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tai Shing Electronics Components Corp is engaged in the manufacturing of metal valves, other fabricated metal products, electric appliances, audiovisual electric products, wired communication equipment and apparatuses, telecommunication equipment, and apparatuses among other products. The company segment includes the Domestic sales and manufacturing department and the Overseas sales and manufacturing department. The company generates the majority of its revenue from the Overseas sales and manufacturing department. Geographically, the company operates in Asia, Europe and the Americas. It derives maximum revenue from Americas.
67GF Score
Get the complete analysis for ROCO:3426
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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