ADO Optronic (ROCO:3516) Receivables Turnover: 0.96 (As of Mar. 2026)

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ROCO:3516 ADO Optronic Corp ROCO:3516
42 GF Score
Price NT$26.20
! 10 Warning Signs
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What is ADO Optronic Receivables Turnover?

ADO Optronic ROCO:3516 -1.13% 42 Receivables Turnover is 0.96 as of Mar. 2026. GuruFocus rates ROCO:3516 with a GF Score™ of 42/100. The stock has 10 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, ADO Optronic ranks worse than 87.01% 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. ADO Optronic's Revenue for the three months ended in Mar. 2026 was NT$291 Mil. ADO Optronic's average Accounts Receivable for the three months ended in Mar. 2026 was NT$304 Mil. Hence, ADO Optronic's Receivables Turnover for the three months ended in Mar. 2026 was 0.96.


ADO Optronic  (ROCO:3516) 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.


ADO Optronic Receivables Turnover Related Terms


ADO Optronic Receivables Turnover Historical Data

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The historical data trend for ADO Optronic'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.

ADO Optronic Receivables Turnover Chart

ADO Optronic 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 2.90 2.50 3.02 3.62 3.08

ADO Optronic 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 0.86 0.84 1.04 0.96

ROCO:3516 vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, ADO Optronic'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.


ADO Optronic Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, ADO Optronic's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where ADO Optronic's Receivables Turnover falls into.


ROCO:3516
42GF Score
ADO Optronic Corp ROCO:3516
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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ADO Optronic Receivables Turnover Calculation

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

ADO Optronic'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 )
=1048.552 / ((341.838 + 339.935) / 2 )
=1048.552 / 340.8865
=3.08

ADO Optronic'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 )
=290.973 / ((339.935 + 267.747) / 2 )
=290.973 / 303.841
=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?
ADO Optronic (ROCO:3516) 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 ADO Optronic and its competitors. According to the industry distribution chart, ADO Optronic ranks #375 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 87%.
Is ADO Optronic's Receivables Turnover too high?
ADO Optronic's current Receivables Turnover is 0.96. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.08. ADO Optronic's value of 0.96 is 86.4% below this industry median. Based on the distribution chart, ADO Optronic ranks #375 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, ADO Optronic has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does ADO Optronic's Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, ADO Optronic ranks #375 out of 431 companies for Receivables Turnover. This places ADO Optronic in the lower half of its industry. The industry median Receivables Turnover is 7.08. ADO Optronic's value of 0.96 is 86.4% 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.08, based on 431 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. ADO Optronic's current Receivables Turnover of 0.96 is 86.4% 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 ADO Optronic and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADO Optronic'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 ADO Optronic stock overvalued right now?
ADO Optronic (ROCO:3516) has a current Receivables Turnover of 0.96. The current Receivables Turnover is 0.96 and 86.4% below the Furnishings, Fixtures & Appliances industry median of 7.08. ADO Optronic's overall GF Score™ is 42/100 with 10 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 ADO Optronic (ROCO:3516), 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.

ADO Optronic Business Description

Address No.858, Guangfu Road, Taoyuan, Bade, TWN
ADO Optronic Corp is a Taiwan based company engages in the processing, assembly, and distribution of commercial lighting, indoor and outdoor LED lighting, and plastic injection products.
42GF Score

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

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