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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. Ushine Photonics's Revenue for the
six
months ended in Dec. 2025 was NT$225.2 Mil. Ushine Photonics's average Accounts Receivable for the
six
months ended in Dec. 2025 was NT$107.9 Mil.
Hence, Ushine Photonics's Receivables Turnover for the
six
months ended in Dec. 2025 was 2.09.
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.
Ushine Photonics Receivables Turnover Related Terms
Ushine Photonics Receivables Turnover Historical Data
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The historical data trend for Ushine Photonics'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.
For the Chemicals subindustry, Ushine Photonics'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.
Ushine Photonics Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ushine Photonics's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ushine Photonics'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.
Ushine Photonics (ROCO:3678) has a Receivables Turnover of 2.09 as of Dec. 2025. 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 Ushine Photonics and its competitors. According to the industry distribution chart, Ushine Photonics ranks #1196 out of 1579 companies in the Chemicals industry, placing it in the top 75.7%.
Is Ushine Photonics' Receivables Turnover too high?
Ushine Photonics' current Receivables Turnover is 2.09. The Chemicals industry median Receivables Turnover is 5.64. Ushine Photonics' value of 2.09 is 62.9% below this industry median. Based on the distribution chart, Ushine Photonics ranks #1196 out of 1579 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ushine Photonics has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ushine Photonics' Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Ushine Photonics ranks #1196 out of 1579 companies for Receivables Turnover. This places Ushine Photonics in the lower half of its industry. The industry median Receivables Turnover is 5.64. Ushine Photonics' value of 2.09 is 62.9% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.64, based on 1,579 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. Ushine Photonics's current Receivables Turnover of 2.09 is 62.9% 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 Ushine Photonics and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ushine Photonics's current Receivables Turnover is 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ushine Photonics stock overvalued right now?
Based on GuruFocus' analysis, Ushine Photonics (ROCO:3678) is currently considered Fairly Valued. The stock's GF Value™ is NT$57.41, compared to a current price of NT$53.30 — trading 7.2% below its estimated fair value. The current Receivables Turnover is 2.09 and 62.9% below the Chemicals industry median of 5.64. Ushine Photonics' overall GF Score™ is 75/100 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 Ushine Photonics (ROCO:3678), the current Receivables Turnover is 2.09 as of Dec. 2025. 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 Ushine Photonics (ROCO:3678) Overvalued in 2026?
Based on GuruFocus' analysis, Ushine Photonics stock appears to be undervalued.
The current stock price of NT$53.30 is trading 7.2% below its estimated GF Value™ of NT$57.41.
GuruFocus considers Ushine Photonics to be Fairly Valued.
Key valuation signals for ROCO:3678:
Receivables Turnover: 2.09
GF Value™: NT$57.41 vs. price of NT$53.30 (7.2% below fair value)
Industry Position: 62.9% below the Chemicals median (#1196 of 1579)
No single metric tells the full story. See the ROCO:3678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ushine Photonics Corp produces indium tin oxide film products for the touch panel and display industries. Its products include ITO-films for resistive touch panels, Low resistivity TCO-films, Optical Clear Adhesives, and Anti-static protective film. It is specialized in material analysis, roll-to-roll vacuum coater design, and reactive sputtering process.
75GF Score
Get the complete analysis for ROCO:3678
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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