ICP DAS Co (ROCO:3577) Receivables Turnover: 2.00 (As of Mar. 2026)

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ROCO:3577 ICP DAS Co Ltd ROCO:3577
63 GF Score
Price NT$138.00
GF Value NT$72.10
Valuation Significantly Overvalued
! 2 Warning Signs
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What is ICP DAS Co Receivables Turnover?

ICP DAS Co ROCO:3577 63 Receivables Turnover is 2.00 as of Mar. 2026. GuruFocus rates ROCO:3577 with a GF Score™ of 63/100 and a GF Value™ of NT$72.10 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,469 Hardware companies, ICP DAS Co ranks better than 79.79% 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. ICP DAS Co's Revenue for the three months ended in Mar. 2026 was NT$387 Mil. ICP DAS Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$194 Mil. Hence, ICP DAS Co's Receivables Turnover for the three months ended in Mar. 2026 was 2.00.


ICP DAS Co  (ROCO:3577) 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.


ICP DAS Co Receivables Turnover Related Terms


ICP DAS Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for ICP DAS 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.

ICP DAS Co Receivables Turnover Chart

ICP DAS 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 11.57 13.41 11.47 9.65 7.77

ICP DAS 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 2.47 2.01 1.71 1.98 2.00

ROCO:3577 vs CSCO, MSI, HPE: Receivables Turnover Comparison

For the Communication Equipment subindustry, ICP DAS 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.


ICP DAS Co Receivables Turnover vs Hardware Industry

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

* The bar in red indicates where ICP DAS Co's Receivables Turnover falls into.


ROCO:3577
63GF Score
ICP DAS Co Ltd ROCO:3577
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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ICP DAS Co Receivables Turnover Calculation

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

ICP DAS 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 )
=1171.923 / ((130.904 + 170.599) / 2 )
=1171.923 / 150.7515
=7.77

ICP DAS 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 )
=387.396 / ((170.599 + 216.528) / 2 )
=387.396 / 193.5635
=2.00

* 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 2.00 mean?
ICP DAS Co (ROCO:3577) has a Receivables Turnover of 2.00 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 ICP DAS Co and its competitors. According to the industry distribution chart, ICP DAS Co ranks #499 out of 2469 companies in the Hardware industry, placing it in the top 20.2%.
Is ICP DAS Co's Receivables Turnover too high?
ICP DAS Co's current Receivables Turnover is 2.00. The Hardware industry median Receivables Turnover is 4.90. ICP DAS Co's value of 2.00 is 59.2% below this industry median. Based on the distribution chart, ICP DAS Co ranks #499 out of 2469 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, ICP DAS Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ICP DAS Co's Receivables Turnover compare to CSCO and MSI?
According to the Hardware industry distribution chart, ICP DAS Co ranks #499 out of 2469 companies for Receivables Turnover. This places ICP DAS Co in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.90. ICP DAS Co's value of 2.00 is 59.2% 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. ICP DAS Co's current Receivables Turnover of 2.00 is 59.2% 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 ICP DAS 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. ICP DAS Co's current Receivables Turnover is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICP DAS Co stock overvalued right now?
Based on GuruFocus' analysis, ICP DAS Co (ROCO:3577) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$72.10, compared to a current price of NT$138.00 — trading 91.4% above its estimated fair value. The current Receivables Turnover is 2.00 and 59.2% below the Hardware industry median of 4.90. ICP DAS Co's overall GF Score™ is 63/100 with 2 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 ICP DAS Co (ROCO:3577), the current Receivables Turnover is 2.00 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 ICP DAS Co (ROCO:3577) Overvalued in 2026?

Based on GuruFocus' analysis, ICP DAS Co stock appears to be overvalued. The current stock price of NT$138.00 is trading 91.4% above its estimated GF Value™ of NT$72.10. GuruFocus considers ICP DAS Co to be Significantly Overvalued.

Key valuation signals for ROCO:3577:

  • Receivables Turnover: 2.00
  • GF Value™: NT$72.10 vs. price of NT$138.00 (91.4% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 59.2% below the Hardware median (#499 of 2469)

No single metric tells the full story. See the ROCO:3577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICP DAS Co Business Description

Address No. 111, Guangfu North Road, Hsinchu Industrial Zone, Hukou Township, Hsinchu, TWN, 30351
ICP DAS Co Ltd is a Taiwan based company engaged in the production and sale of industrial computer hardware, software and peripheral equipment. Its products include programmable automation controllers, PC based I/O boards, machine automation products, industrial communication products, wireless modems, intelligent power meters and others. The company also geographically operates in Taiwan, Mainland China, United States, Germany, UAE and Others. It derives maximum revenue from Taiwan.
63GF Score

Get the complete analysis for ROCO:3577

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

NT$138.00
Price
NT$72.10
GF Value