Bright Sheland International Co (ROCO:4556) Receivables Turnover: 1.16 (As of Mar. 2026)

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ROCO:4556 Bright Sheland International Co Ltd ROCO:4556
53 GF Score
Price NT$85.40
GF Value NT$35.24
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Bright Sheland International Co Receivables Turnover?

Bright Sheland International Co ROCO:4556 -6.05% 53 Receivables Turnover is 1.16 as of Mar. 2026. GuruFocus rates ROCO:4556 with a GF Score™ of 53/100 and a GF Value™ of NT$35.24 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 3,032 Industrial Products companies, Bright Sheland International Co ranks better than 57.88% 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. Bright Sheland International Co's Revenue for the three months ended in Mar. 2026 was NT$168.5 Mil. Bright Sheland International Co's average Accounts Receivable for the three months ended in Mar. 2026 was NT$144.7 Mil. Hence, Bright Sheland International Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.16.


Bright Sheland International Co  (ROCO:4556) 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.


Bright Sheland International Co Receivables Turnover Related Terms


Bright Sheland International Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Bright Sheland International 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.

Bright Sheland International Co Receivables Turnover Chart

Bright Sheland International 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 5.30 5.19 4.58 5.37 4.63

Bright Sheland International 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 1.05 1.25 1.15 1.38 1.16

ROCO:4556 vs VLTO, ZWS, CECO: Receivables Turnover Comparison

For the Pollution & Treatment Controls subindustry, Bright Sheland International 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.


Bright Sheland International Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bright Sheland International Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bright Sheland International Co's Receivables Turnover falls into.


ROCO:4556
53GF Score
Bright Sheland International Co Ltd ROCO:4556
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bright Sheland International Co Receivables Turnover Calculation

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

Bright Sheland International 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 )
=673.214 / ((139.025 + 151.943) / 2 )
=673.214 / 145.484
=4.63

Bright Sheland International 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 )
=168.484 / ((151.943 + 137.55) / 2 )
=168.484 / 144.7465
=1.16

* 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 1.16 mean?
Bright Sheland International Co (ROCO:4556) has a Receivables Turnover of 1.16 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 Bright Sheland International Co and its competitors. According to the industry distribution chart, Bright Sheland International Co ranks #1277 out of 3032 companies in the Industrial Products industry, placing it in the top 42.1%.
Is Bright Sheland International Co's Receivables Turnover too high?
Bright Sheland International Co's current Receivables Turnover is 1.16. The Industrial Products industry median Receivables Turnover is 4.49. Bright Sheland International Co's value of 1.16 is 74.2% below this industry median. Based on the distribution chart, Bright Sheland International Co ranks #1277 out of 3032 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Bright Sheland International 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 Bright Sheland International Co's Receivables Turnover compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Bright Sheland International Co ranks #1277 out of 3032 companies for Receivables Turnover. This puts Bright Sheland International Co in the upper half of its industry. The industry median Receivables Turnover is 4.49. Bright Sheland International Co's value of 1.16 is 74.2% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.49, based on 3,032 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. Bright Sheland International Co's current Receivables Turnover of 1.16 is 74.2% 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 Bright Sheland International Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Sheland International Co's current Receivables Turnover is 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Sheland International Co stock overvalued right now?
Based on GuruFocus' analysis, Bright Sheland International Co (ROCO:4556) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$35.24, compared to a current price of NT$85.40 — trading 142.3% above its estimated fair value. The current Receivables Turnover is 1.16 and 74.2% below the Industrial Products industry median of 4.49. Bright Sheland International Co's overall GF Score™ is 53/100 with 1 warning sign 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 Bright Sheland International Co (ROCO:4556), the current Receivables Turnover is 1.16 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 Bright Sheland International Co (ROCO:4556) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Sheland International Co stock appears to be overvalued. The current stock price of NT$85.40 is trading 142.3% above its estimated GF Value™ of NT$35.24. GuruFocus considers Bright Sheland International Co to be Significantly Overvalued.

Key valuation signals for ROCO:4556:

  • Receivables Turnover: 1.16
  • GF Value™: NT$35.24 vs. price of NT$85.40 (142.3% above fair value)
  • GF Score™: 53/100 with 1 warning sign
  • Industry Position: 74.2% below the Industrial Products median (#1277 of 3032)

No single metric tells the full story. See the ROCO:4556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Sheland International Co Business Description

Address No. 15, Kejia 6th Road, Yunlin Science and Technology Industrial Zone, Yunlin County, Douliu, TWN, 640-57
Bright Sheland International Co Ltd is a Taiwan-based company focused on industrial filtration and separation systems. The products of the company include Cartridges and Housing, Melt Blown Cartridges, Winding Cartridges, Activated Carbon Filter Cartridges, and Glass Fiber Filter Cartridges among others.
53GF Score

Get the complete analysis for ROCO:4556

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

NT$85.40
Price
NT$35.24
GF Value