JD Development Co (ROCO:4402) Receivables Turnover: 0.61 (As of Mar. 2026)

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ROCO:4402 JD Development Co Ltd ROCO:4402
53 GF Score
Price NT$17.00
GF Value NT$11.04
Valuation Significantly Overvalued
! 2 Warning Signs
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What is JD Development Co Receivables Turnover?

JD Development Co ROCO:4402 +7.59% 53 Receivables Turnover is 0.61 as of Mar. 2026. GuruFocus rates ROCO:4402 with a GF Score™ of 53/100 and a GF Value™ of NT$11.04 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,036 Manufacturing - Apparel & Accessories companies, JD Development Co ranks worse than 85.42% 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. JD Development Co's Revenue for the three months ended in Mar. 2026 was NT$5.06 Mil. JD Development Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$8.25 Mil. Hence, JD Development Co's Receivables Turnover for the three months ended in Mar. 2026 was 0.61.


JD Development Co  (ROCO:4402) 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.


JD Development Co Receivables Turnover Related Terms


JD Development Co Receivables Turnover Historical Data

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The historical data trend for JD Development 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.

JD Development Co Receivables Turnover Chart

JD Development Co 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 7.61 8.15 7.92 7.10 3.22

JD Development Co 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 1.33 1.03 1.04 0.72 0.61

JD Development Co Receivables Turnover Competitor Comparison

For the Textile Manufacturing subindustry, JD Development 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.


JD Development Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JD Development Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where JD Development Co's Receivables Turnover falls into.


ROCO:4402
53GF Score
JD Development Co Ltd ROCO:4402
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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JD Development Co Receivables Turnover Calculation

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

JD Development Co'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 )
=23.719 / ((3.97 + 10.768) / 2 )
=23.719 / 7.369
=3.22

JD Development 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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=5.055 / ((10.768 + 5.723) / 2 )
=5.055 / 8.2455
=0.61

* 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 0.61 mean?
JD Development Co (ROCO:4402) has a Receivables Turnover of 0.61 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 JD Development Co and its competitors. According to the industry distribution chart, JD Development Co ranks #885 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.4%.
Is JD Development Co's Receivables Turnover too high?
JD Development Co's current Receivables Turnover is 0.61. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.88. JD Development Co's value of 0.61 is 91.1% below this industry median. Based on the distribution chart, JD Development Co ranks #885 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, JD Development Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JD Development Co's Receivables Turnover compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, JD Development Co ranks #885 out of 1036 companies for Receivables Turnover. This places JD Development Co in the lower half of its industry. The industry median Receivables Turnover is 6.88. JD Development Co's value of 0.61 is 91.1% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.88, based on 1,036 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. JD Development Co's current Receivables Turnover of 0.61 is 91.1% 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 JD Development Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JD Development Co's current Receivables Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JD Development Co stock overvalued right now?
Based on GuruFocus' analysis, JD Development Co (ROCO:4402) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$11.04, compared to a current price of NT$17.00 — trading 54% above its estimated fair value. The current Receivables Turnover is 0.61 and 91.1% below the Manufacturing - Apparel & Accessories industry median of 6.88. JD Development Co's overall GF Score™ is 53/100 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 JD Development Co (ROCO:4402), the current Receivables Turnover is 0.61 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 JD Development Co (ROCO:4402) Overvalued in 2026?

Based on GuruFocus' analysis, JD Development Co stock appears to be overvalued. The current stock price of NT$17.00 is trading 54% above its estimated GF Value™ of NT$11.04. GuruFocus considers JD Development Co to be Significantly Overvalued.

Key valuation signals for ROCO:4402:

  • Receivables Turnover: 0.61
  • GF Value™: NT$11.04 vs. price of NT$17.00 (54% above fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 91.1% below the Manufacturing - Apparel & Accessories median (#885 of 1036)

No single metric tells the full story. See the ROCO:4402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JD Development Co Business Description

Address Zhongzheng 4th Road, 9th Floor -1, No. 151, Qianjin District, Kaohsiung, TWN, 801
JD Development Co Ltd business activities are cotton woven fabric manufacturing, silk weaving, linen weaving, cotton weaving, woolen fabric wholesale and renewable energy power generation. The company has two segments Textile Department: mainly engaged in the manufacturing, trading, and processing of textile products; and Electricity Sales Department: mainly engaged in electricity generation from solar power equipment. The company generates majority of revenue from textile department segment. Its products are Textile, Green Energy, and Medical Materials. The company has presence in Taiwan and Asia. The company generates majority of revenue from Taiwan.
53GF Score

Get the complete analysis for ROCO:4402

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

NT$17.00
Price
NT$11.04
GF Value