NeoCore Technology Co (ROCO:4131) Receivables Turnover: 1.95 (As of Mar. 2026)

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ROCO:4131 NeoCore Technology Co Ltd ROCO:4131
49 GF Score
Price NT$32.20
GF Value NT$37.17
Valuation Modestly Undervalued
! 4 Warning Signs
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What is NeoCore Technology Co Receivables Turnover?

NeoCore Technology Co ROCO:4131 49 Receivables Turnover is 1.95 as of Mar. 2026. GuruFocus rates ROCO:4131 with a GF Score™ of 49/100 and a GF Value™ of NT$37.17 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 843 Biotechnology companies, NeoCore Technology Co ranks better than 62.4% 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. NeoCore Technology Co's Revenue for the three months ended in Mar. 2026 was NT$60.5 Mil. NeoCore Technology Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$31.0 Mil. Hence, NeoCore Technology Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.95.


NeoCore Technology Co  (ROCO:4131) 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.


NeoCore Technology Co Receivables Turnover Related Terms


NeoCore Technology Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for NeoCore Technology 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.

NeoCore Technology Co Receivables Turnover Chart

NeoCore Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.19 2.99 2.49 1.39 2.26

NeoCore Technology Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 2.00 5.44 2.69 2.70 1.95

ROCO:4131 vs VRTX, REGN, RVMD: Receivables Turnover Comparison

For the Biotechnology subindustry, NeoCore 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.


NeoCore Technology Co Receivables Turnover vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, NeoCore Technology Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NeoCore Technology Co's Receivables Turnover falls into.


ROCO:4131
49GF Score
NeoCore Technology Co Ltd ROCO:4131
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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NeoCore Technology Co Receivables Turnover Calculation

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

NeoCore Technology Co's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=61.545 / ((53.209 + 1.258) / 2 )
=61.545 / 27.2335
=2.26

NeoCore Technology Co'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=60.473 / ((25.256 + 36.76) / 2 )
=60.473 / 31.008
=1.95

* 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 1.95 mean?
NeoCore Technology Co (ROCO:4131) has a Receivables Turnover of 1.95 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 NeoCore Technology Co and its competitors. According to the industry distribution chart, NeoCore Technology Co ranks #317 out of 843 companies in the Biotechnology industry, placing it in the top 37.6%.
Is NeoCore Technology Co's Receivables Turnover too high?
NeoCore Technology Co's current Receivables Turnover is 1.95. The Biotechnology industry median Receivables Turnover is 5.27. NeoCore Technology Co's value of 1.95 is 63% below this industry median. Based on the distribution chart, NeoCore Technology Co ranks #317 out of 843 companies in the Biotechnology industry, which is above the industry midpoint. Overall, NeoCore Technology Co has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NeoCore Technology Co's Receivables Turnover compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, NeoCore Technology Co ranks #317 out of 843 companies for Receivables Turnover. This puts NeoCore Technology Co in the upper half of its industry. The industry median Receivables Turnover is 5.27. NeoCore Technology Co's value of 1.95 is 63% 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 Biotechnology company?
The median Receivables Turnover among Biotechnology companies is 5.27, based on 843 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. NeoCore Technology Co's current Receivables Turnover of 1.95 is 63% 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 NeoCore Technology Co and its competitors. For the Biotechnology industry, the median Receivables Turnover is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NeoCore Technology Co's current Receivables Turnover is 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeoCore Technology Co stock overvalued right now?
Based on GuruFocus' analysis, NeoCore Technology Co (ROCO:4131) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.17, compared to a current price of NT$32.20 — trading 13.4% below its estimated fair value. The current Receivables Turnover is 1.95 and 63% below the Biotechnology industry median of 5.27. NeoCore Technology Co's overall GF Score™ is 49/100 with 4 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 NeoCore Technology Co (ROCO:4131), the current Receivables Turnover is 1.95 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 NeoCore Technology Co (ROCO:4131) Overvalued in 2026?

Based on GuruFocus' analysis, NeoCore Technology Co stock appears to be undervalued. The current stock price of NT$32.20 is trading 13.4% below its estimated GF Value™ of NT$37.17. GuruFocus considers NeoCore Technology Co to be Modestly Undervalued.

Key valuation signals for ROCO:4131:

  • Receivables Turnover: 1.95
  • GF Value™: NT$37.17 vs. price of NT$32.20 (13.4% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 63% below the Biotechnology median (#317 of 843)

No single metric tells the full story. See the ROCO:4131 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NeoCore Technology Co Business Description

Address No.6, Gongye 19th Road, Taiping District, Taichung, TWN, 411
NeoCore Technology Co Ltd develops integrated bio-chip technology. Its products are used for food, beer, agriculture, livestock, and human disease testing.
49GF Score

Get the complete analysis for ROCO:4131

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

NT$32.20
Price
NT$37.17
GF Value