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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. TSG Development Co's Revenue for the
three
months ended in Jun. 2026 was NT$1.09 Mil. TSG Development Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was NT$1.76 Mil.
Hence, TSG Development Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.62.
TSG Development Co (ROCO:3521) 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.
TSG Development Co Receivables Turnover Related Terms
TSG Development Co Receivables Turnover Historical Data
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The historical data trend for TSG Development 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.
ROCO:3521 vs PWR, FIX, EME: Receivables Turnover Comparison
For the Engineering & Construction subindustry, TSG Development 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.
TSG Development Co Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, TSG Development Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where TSG Development Co'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.
TSG Development Co (ROCO:3521) has a Receivables Turnover of 0.62 as of Jun. 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 TSG Development Co and its competitors. According to the industry distribution chart, TSG Development Co ranks #138 out of 1767 companies in the Construction industry, placing it in the top 7.8%.
Is TSG Development Co's Receivables Turnover too high?
TSG Development Co's current Receivables Turnover is 0.62. The Construction industry median Receivables Turnover is 4.81. TSG Development Co's value of 0.62 is 87.1% below this industry median. Based on the distribution chart, TSG Development Co ranks #138 out of 1767 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, TSG Development Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSG Development Co's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, TSG Development Co ranks #138 out of 1767 companies for Receivables Turnover. This places TSG Development Co in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.81. TSG Development Co's value of 0.62 is 87.1% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.81, based on 1,767 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. TSG Development Co's current Receivables Turnover of 0.62 is 87.1% 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 TSG Development Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSG Development Co's current Receivables Turnover is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSG Development Co stock overvalued right now?
Based on GuruFocus' analysis, TSG Development Co (ROCO:3521) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2.72, compared to a current price of NT$12.15 — trading 346.7% above its estimated fair value. The current Receivables Turnover is 0.62 and 87.1% below the Construction industry median of 4.81. TSG Development Co's overall GF Score™ is 49/100 with 4 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 TSG Development Co (ROCO:3521), the current Receivables Turnover is 0.62 as of Jun. 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 TSG Development Co (ROCO:3521) Overvalued in 2026?
Based on GuruFocus' analysis, TSG Development Co stock appears to be overvalued.
The current stock price of NT$12.15 is trading 346.7% above its estimated GF Value™ of NT$2.72.
GuruFocus considers TSG Development Co to be Significantly Overvalued.
Key valuation signals for ROCO:3521:
Receivables Turnover: 0.62
GF Value™: NT$2.72 vs. price of NT$12.15 (346.7% above fair value)
Industry Position: 87.1% below the Construction median (#138 of 1767)
No single metric tells the full story. See the ROCO:3521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TSG Development Co Ltd Formerly Datavan International Corp is engaged in the research and development, design, manufacture and sale of endpoint sales system software and hardware, import and export of computer information equipment and its peripheral equipment parts and accessories, and development and sale of residential and buildings for lease, investment in construction of public works and real estate trading. It operates in two reportable operating segments: Technology Business Division; and Construction Business Division, which earns majority of the revenue from real estate construction and related sales management services and other businesses. Geographically, its operations are spread across Asia, Europe, Americas and Other with majority of the revenue generating from Asia.
49GF Score
Get the complete analysis for ROCO:3521
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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