Viking Tech (ROCO:3624) Receivables Turnover: 1.26 (As of Mar. 2026)

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ROCO:3624 Viking Tech Corp ROCO:3624
63 GF Score
Price NT$89.50
GF Value NT$53.12
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Viking Tech Receivables Turnover?

Viking Tech ROCO:3624 -5.89% 63 Receivables Turnover is 1.26 as of Mar. 2026. GuruFocus rates ROCO:3624 with a GF Score™ of 63/100 and a GF Value™ of NT$53.12 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,468 Hardware companies, Viking Tech ranks better than 51.58% 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. Viking Tech's Revenue for the three months ended in Mar. 2026 was NT$728 Mil. Viking Tech's average Accounts Receivable for the three months ended in Mar. 2026 was NT$577 Mil. Hence, Viking Tech's Receivables Turnover for the three months ended in Mar. 2026 was 1.26.


Viking Tech  (ROCO:3624) 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.


Viking Tech Receivables Turnover Related Terms


Viking Tech Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Viking Tech'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.

Viking Tech Receivables Turnover Chart

Viking Tech 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 5.33 5.23 5.03 5.45 5.26

Viking Tech 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 1.29 1.36 1.25 1.19 1.26

ROCO:3624 vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, Viking Tech'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.


Viking Tech Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Viking Tech's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Viking Tech's Receivables Turnover falls into.


ROCO:3624
63GF Score
Viking Tech Corp ROCO:3624
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viking Tech Receivables Turnover Calculation

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

Viking Tech'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 )
=2675.36 / ((468.802 + 548.021) / 2 )
=2675.36 / 508.4115
=5.26

Viking Tech'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 )
=727.98 / ((548.021 + 606.741) / 2 )
=727.98 / 577.381
=1.26

* 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 1.26 mean?
Viking Tech (ROCO:3624) has a Receivables Turnover of 1.26 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 Viking Tech and its competitors. According to the industry distribution chart, Viking Tech ranks #1195 out of 2468 companies in the Hardware industry, placing it in the top 48.4%.
Is Viking Tech's Receivables Turnover too high?
Viking Tech's current Receivables Turnover is 1.26. The Hardware industry median Receivables Turnover is 4.97. Viking Tech's value of 1.26 is 74.6% below this industry median. Based on the distribution chart, Viking Tech ranks #1195 out of 2468 companies in the Hardware industry, which is above the industry midpoint. Overall, Viking Tech has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viking Tech's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Viking Tech ranks #1195 out of 2468 companies for Receivables Turnover. This puts Viking Tech in the upper half of its industry. The industry median Receivables Turnover is 4.97. Viking Tech's value of 1.26 is 74.6% 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. Viking Tech's current Receivables Turnover of 1.26 is 74.6% 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 Viking Tech 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. Viking Tech's current Receivables Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viking Tech stock overvalued right now?
Based on GuruFocus' analysis, Viking Tech (ROCO:3624) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$53.12, compared to a current price of NT$89.50 — trading 68.5% above its estimated fair value. The current Receivables Turnover is 1.26 and 74.6% below the Hardware industry median of 4.97. Viking Tech's overall GF Score™ is 63/100 with 3 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 Viking Tech (ROCO:3624), the current Receivables Turnover is 1.26 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 Viking Tech (ROCO:3624) Overvalued in 2026?

Based on GuruFocus' analysis, Viking Tech stock appears to be overvalued. The current stock price of NT$89.50 is trading 68.5% above its estimated GF Value™ of NT$53.12. GuruFocus considers Viking Tech to be Significantly Overvalued.

Key valuation signals for ROCO:3624:

  • Receivables Turnover: 1.26
  • GF Value™: NT$53.12 vs. price of NT$89.50 (68.5% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 74.6% below the Hardware median (#1195 of 2468)

No single metric tells the full story. See the ROCO:3624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viking Tech Business Description

Address No. 70, Guangfu North Road, Hukou Township, HsinChu Industrial Park, Hsinchu County, Hsinchu, TWN, 303
Viking Tech Corp is a Taiwan based electronic components manufacturing company. It is engaged in research, development, manufacturing, and sale of thick and thin film passive components. The company's product categories include resistors, inductors, and capacitors. Some of these include Automotive Grade Resistor, Thin Film Resistor, Metal Low Ohm Resistor, Leaded Resistor, RF Ceramic Inductor, Miniature Power Inductor, and Shielding Power Inductor among others. Geographically, the company generates maximum revenue from China, and the rest from Taiwan, Hong Kong, America, Germany, Korea, and other regions.
63GF Score

Get the complete analysis for ROCO:3624

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

NT$89.50
Price
NT$53.12
GF Value