Chernan Metal Industrial (ROCO:3631) Receivables Turnover: 1.24 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:3631 Chernan Metal Industrial Corp ROCO:3631
29 GF Score
Price NT$36.00
GF Value NT$10.84
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Chernan Metal Industrial Receivables Turnover?

Chernan Metal Industrial ROCO:3631 +5.42% 29 Receivables Turnover is 1.24 as of Mar. 2026. GuruFocus rates ROCO:3631 with a GF Score™ of 29/100 and a GF Value™ of NT$10.84 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,031 Industrial Products companies, Chernan Metal Industrial ranks worse than 53.55% 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. Chernan Metal Industrial's Revenue for the three months ended in Mar. 2026 was NT$9.00 Mil. Chernan Metal Industrial's average Accounts Receivable for the three months ended in Mar. 2026 was NT$7.25 Mil. Hence, Chernan Metal Industrial's Receivables Turnover for the three months ended in Mar. 2026 was 1.24.


Chernan Metal Industrial  (ROCO:3631) 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.


Chernan Metal Industrial Receivables Turnover Related Terms


Chernan Metal Industrial Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Chernan Metal Industrial'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.

Chernan Metal Industrial Receivables Turnover Chart

Chernan Metal Industrial 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 5.32 5.47 5.41 2.49 1.03

Chernan Metal Industrial 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 0.37 1.06 0.97 1.15 1.24

ROCO:3631 vs CRS, ATI, MLI: Receivables Turnover Comparison

For the Metal Fabrication subindustry, Chernan Metal Industrial'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.


Chernan Metal Industrial Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chernan Metal Industrial's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chernan Metal Industrial's Receivables Turnover falls into.


ROCO:3631
29GF Score
Chernan Metal Industrial Corp ROCO:3631
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chernan Metal Industrial Receivables Turnover Calculation

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

Chernan Metal Industrial'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 )
=29.333 / ((51.203 + 5.721) / 2 )
=29.333 / 28.462
=1.03

Chernan Metal Industrial'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 )
=8.997 / ((5.721 + 8.782) / 2 )
=8.997 / 7.2515
=1.24

* 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 1.24 mean?
Chernan Metal Industrial (ROCO:3631) has a Receivables Turnover of 1.24 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 Chernan Metal Industrial and its competitors. According to the industry distribution chart, Chernan Metal Industrial ranks #1623 out of 3031 companies in the Industrial Products industry, placing it in the top 53.5%.
Is Chernan Metal Industrial's Receivables Turnover too high?
Chernan Metal Industrial's current Receivables Turnover is 1.24. The Industrial Products industry median Receivables Turnover is 4.49. Chernan Metal Industrial's value of 1.24 is 72.4% below this industry median. Based on the distribution chart, Chernan Metal Industrial ranks #1623 out of 3031 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Chernan Metal Industrial has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chernan Metal Industrial's Receivables Turnover compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chernan Metal Industrial ranks #1623 out of 3031 companies for Receivables Turnover. This places Chernan Metal Industrial in the lower half of its industry. The industry median Receivables Turnover is 4.49. Chernan Metal Industrial's value of 1.24 is 72.4% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.49, based on 3,031 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. Chernan Metal Industrial's current Receivables Turnover of 1.24 is 72.4% 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 Chernan Metal Industrial and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chernan Metal Industrial's current Receivables Turnover is 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chernan Metal Industrial stock overvalued right now?
Based on GuruFocus' analysis, Chernan Metal Industrial (ROCO:3631) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.84, compared to a current price of NT$36.00 — trading 232.1% above its estimated fair value. The current Receivables Turnover is 1.24 and 72.4% below the Industrial Products industry median of 4.49. Chernan Metal Industrial's overall GF Score™ is 29/100 with 7 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 Chernan Metal Industrial (ROCO:3631), the current Receivables Turnover is 1.24 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 Chernan Metal Industrial (ROCO:3631) Overvalued in 2026?

Based on GuruFocus' analysis, Chernan Metal Industrial stock appears to be overvalued. The current stock price of NT$36.00 is trading 232.1% above its estimated GF Value™ of NT$10.84. GuruFocus considers Chernan Metal Industrial to be Significantly Overvalued.

Key valuation signals for ROCO:3631:

  • Receivables Turnover: 1.24
  • GF Value™: NT$10.84 vs. price of NT$36.00 (232.1% above fair value)
  • GF Score™: 29/100 with 7 warning signs
  • Industry Position: 72.4% below the Industrial Products median (#1623 of 3031)

No single metric tells the full story. See the ROCO:3631 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chernan Metal Industrial Business Description

Address No. 161, Sec. 1, Wanshou Road, 18th Floor-1, Guishan Township, Taoyuan, TWN
Chernan Metal Industrial Corp is engaged in Manufacture of Metal Structure and Architectural Components, Screw, Nut and Rivet Manufacturing, Spring Manufacturing, Lock Manufacturing, Metal Wire Products Manufacturing, Other Metal Products Manufacturing, Surface Treatments, Wholesale of Hardware, Wholesale of Electronic Materials, Retail Sale of Hardware, and Retail Sale of Electronic Materials. The company's segment includes the domestic division and the overseas division. The domestic division is mainly engaged in the manufacture and sale of solder products and the trading of semiconductor products, while the overseas division is mainly engaged in the manufacture and sale of solder products. The company generates the majority of its revenue from overseas segment.
29GF Score

Get the complete analysis for ROCO:3631

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

NT$36.00
Price
NT$10.84
GF Value