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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. Hsinjing Holding Co's Revenue for the
three
months ended in Mar. 2026 was NT$77.7 Mil. Hsinjing Holding Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$45.3 Mil.
Hence, Hsinjing Holding Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.72.
Hsinjing Holding Co (ROCO:3713) 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.
Hsinjing Holding Co Receivables Turnover Related Terms
Hsinjing Holding Co Receivables Turnover Historical Data
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The historical data trend for Hsinjing Holding 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.
ROCO:3713 vs FSLR, NXT, ENPH: Receivables Turnover Comparison
For the Solar subindustry, Hsinjing Holding 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.
Hsinjing Holding Co Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Hsinjing Holding Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hsinjing Holding 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.
Hsinjing Holding Co (ROCO:3713) has a Receivables Turnover of 1.72 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 Hsinjing Holding Co and its competitors. According to the industry distribution chart, Hsinjing Holding Co ranks #263 out of 1018 companies in the Semiconductors industry, placing it in the top 25.8%.
Is Hsinjing Holding Co's Receivables Turnover too high?
Hsinjing Holding Co's current Receivables Turnover is 1.72. The Semiconductors industry median Receivables Turnover is 5.82. Hsinjing Holding Co's value of 1.72 is 70.4% below this industry median. Based on the distribution chart, Hsinjing Holding Co ranks #263 out of 1018 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Hsinjing Holding Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hsinjing Holding Co's Receivables Turnover compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Hsinjing Holding Co ranks #263 out of 1018 companies for Receivables Turnover. This puts Hsinjing Holding Co in the upper half of its industry. The industry median Receivables Turnover is 5.82. Hsinjing Holding Co's value of 1.72 is 70.4% 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 a Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,018 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. Hsinjing Holding Co's current Receivables Turnover of 1.72 is 70.4% 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 Hsinjing Holding Co and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsinjing Holding Co's current Receivables Turnover is 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsinjing Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Hsinjing Holding Co (ROCO:3713) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.73, compared to a current price of NT$14.60 — trading 36.1% above its estimated fair value. The current Receivables Turnover is 1.72 and 70.4% below the Semiconductors industry median of 5.82. Hsinjing Holding Co's overall GF Score™ is 62/100 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 Hsinjing Holding Co (ROCO:3713), the current Receivables Turnover is 1.72 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 Hsinjing Holding Co (ROCO:3713) Overvalued in 2026?
Based on GuruFocus' analysis, Hsinjing Holding Co stock appears to be overvalued.
The current stock price of NT$14.60 is trading 36.1% above its estimated GF Value™ of NT$10.73.
GuruFocus considers Hsinjing Holding Co to be Significantly Overvalued.
Key valuation signals for ROCO:3713:
Receivables Turnover: 1.72
GF Value™: NT$10.73 vs. price of NT$14.60 (36.1% above fair value)
Industry Position: 70.4% below the Semiconductors median (#263 of 1018)
No single metric tells the full story. See the ROCO:3713 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsinjing Holding Co Ltd, along with its subsidiaries, is engaged in the research and development, manufacturing, and sales of various types of solar panel modules, the construction of solar power plants, and the ownership of solar power stations. The majority of the group's revenue is generated from the Construction of solar power plants and through electricity sales. Geographically, it operates in Taiwan.
62GF Score
Get the complete analysis for ROCO:3713
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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