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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. Thintech Material Technology Co's Revenue for the
three
months ended in Mar. 2026 was NT$2,449 Mil. Thintech Material Technology Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$480 Mil.
Hence, Thintech Material Technology Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 5.10.
Thintech Material Technology Co (ROCO:3663) 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.
Thintech Material Technology Co Receivables Turnover Related Terms
Thintech Material Technology Co Receivables Turnover Historical Data
* 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.
Thintech Material Technology Co Receivables Turnover Chart
ROCO:3663 vs CRS, ATI, MLI: Receivables Turnover Comparison
For the Metal Fabrication subindustry, Thintech Material Technology 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.
Thintech Material Technology Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Thintech Material Technology Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Thintech Material Technology 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.
Thintech Material Technology Co (ROCO:3663) has a Receivables Turnover of 5.10 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 Thintech Material Technology Co and its competitors. According to the industry distribution chart, Thintech Material Technology Co ranks #121 out of 3034 companies in the Industrial Products industry, placing it in the top 4%.
Is Thintech Material Technology Co's Receivables Turnover too high?
Thintech Material Technology Co's current Receivables Turnover is 5.10. The Industrial Products industry median Receivables Turnover is 4.45. Thintech Material Technology Co's value of 5.10 is 14.6% above this industry median. Based on the distribution chart, Thintech Material Technology Co ranks #121 out of 3034 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Thintech Material Technology Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thintech Material Technology Co's Receivables Turnover compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Thintech Material Technology Co ranks #121 out of 3034 companies for Receivables Turnover. This places Thintech Material Technology Co in the top 4% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.45. Thintech Material Technology Co's value of 5.10 is 14.6% above 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 4.45, based on 3,034 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. Thintech Material Technology Co's current Receivables Turnover of 5.10 is 14.6% above 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 Thintech Material Technology Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thintech Material Technology Co's current Receivables Turnover is 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thintech Material Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Thintech Material Technology Co (ROCO:3663) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$72.06, compared to a current price of NT$62.10 — trading 13.8% below its estimated fair value. The current Receivables Turnover is 5.10 and 14.6% above the Industrial Products industry median of 4.45. Thintech Material Technology Co's overall GF Score™ is 68/100 with 6 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 Thintech Material Technology Co (ROCO:3663), the current Receivables Turnover is 5.10 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 Thintech Material Technology Co (ROCO:3663) Overvalued in 2026?
Based on GuruFocus' analysis, Thintech Material Technology Co stock appears to be undervalued.
The current stock price of NT$62.10 is trading 13.8% below its estimated GF Value™ of NT$72.06.
GuruFocus considers Thintech Material Technology Co to be Modestly Undervalued.
Key valuation signals for ROCO:3663:
Receivables Turnover: 5.10
GF Value™: NT$72.06 vs. price of NT$62.10 (13.8% below fair value)
Industry Position: 14.6% above the Industrial Products median (#121 of 3034)
No single metric tells the full story. See the ROCO:3663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thintech Material Technology Co Ltd is a Taiwan-based company engaged in the processing and sales of a variety of thin film sputtering targets and precious metals, as well as trading general metals. Its products include conductive paste for solar cells, thin film for sputtering targets, target bonding service, precious metal refining, injection molding bi-metal barrels, and special alloy powder. It is engaged in four segments: ThinTech Materials Technology Co., Ltd, Changzhou CSPM, Ltd, and Others. Key revenue is generated from ThinTech Materials Technology Co., Ltd, which is engaged in the processing and sales of various thin film sputtering targets and precious metals, as well as trading of general metals.
68GF Score
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