Pancolour Ink Co (ROCO:4765) Receivables Turnover: 2.63 (As of Jun. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:4765 Pancolour Ink Co Ltd ROCO:4765
71 GF Score
Price NT$11.95
GF Value NT$15.59
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Pancolour Ink Co Receivables Turnover?

Pancolour Ink Co ROCO:4765 71 Receivables Turnover is 2.63 as of Jun. 2025. GuruFocus rates ROCO:4765 with a GF Score™ of 71/100 and a GF Value™ of NT$15.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,577 Chemicals companies, Pancolour Ink Co ranks worse than 69.44% 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. Pancolour Ink Co's Revenue for the six months ended in Jun. 2025 was NT$140.0 Mil. Pancolour Ink Co's average Accounts Receivable for the six months ended in Jun. 2025 was NT$53.3 Mil. Hence, Pancolour Ink Co's Receivables Turnover for the six months ended in Jun. 2025 was 2.63.


Pancolour Ink Co  (ROCO:4765) 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.


Pancolour Ink Co Receivables Turnover Related Terms


Pancolour Ink Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Pancolour Ink 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.

Pancolour Ink Co Receivables Turnover Chart

Pancolour Ink 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 5.53 4.88 4.97 4.28 6.07

Pancolour Ink Co Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 1.86 2.44 2.54 2.11 2.63

ROCO:4765 vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Pancolour Ink 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.


Pancolour Ink Co Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Pancolour Ink Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pancolour Ink Co's Receivables Turnover falls into.


ROCO:4765
71GF Score
Pancolour Ink Co Ltd ROCO:4765
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pancolour Ink Co Receivables Turnover Calculation

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

Pancolour Ink 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 )
=307.207 / ((51.101 + 50.062) / 2 )
=307.207 / 50.5815
=6.07

Pancolour Ink Co's Receivables Turnover for the quarter that ended in Jun. 2025 is calculated as

Receivables Turnover (Q: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Jun. 2025 )) / count )
=140.027 / ((50.062 + 56.591) / 2 )
=140.027 / 53.3265
=2.63

* 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 2.63 mean?
Pancolour Ink Co (ROCO:4765) has a Receivables Turnover of 2.63 as of Jun. 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 Pancolour Ink Co and its competitors. According to the industry distribution chart, Pancolour Ink Co ranks #1095 out of 1577 companies in the Chemicals industry, placing it in the top 69.4%.
Is Pancolour Ink Co's Receivables Turnover too high?
Pancolour Ink Co's current Receivables Turnover is 2.63. The Chemicals industry median Receivables Turnover is 5.61. Pancolour Ink Co's value of 2.63 is 53.1% below this industry median. Based on the distribution chart, Pancolour Ink Co ranks #1095 out of 1577 companies in the Chemicals industry, which is below the industry midpoint. Overall, Pancolour Ink Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pancolour Ink Co's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Pancolour Ink Co ranks #1095 out of 1577 companies for Receivables Turnover. This places Pancolour Ink Co in the lower half of its industry. The industry median Receivables Turnover is 5.61. Pancolour Ink Co's value of 2.63 is 53.1% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.61, based on 1,577 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. Pancolour Ink Co's current Receivables Turnover of 2.63 is 53.1% 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 Pancolour Ink Co and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pancolour Ink Co's current Receivables Turnover is 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pancolour Ink Co stock overvalued right now?
Based on GuruFocus' analysis, Pancolour Ink Co (ROCO:4765) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.59, compared to a current price of NT$11.95 — trading 23.3% below its estimated fair value. The current Receivables Turnover is 2.63 and 53.1% below the Chemicals industry median of 5.61. Pancolour Ink Co's overall GF Score™ is 71/100 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 Pancolour Ink Co (ROCO:4765), the current Receivables Turnover is 2.63 as of Jun. 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 Pancolour Ink Co (ROCO:4765) Overvalued in 2026?

Based on GuruFocus' analysis, Pancolour Ink Co stock appears to be undervalued. The current stock price of NT$11.95 is trading 23.3% below its estimated GF Value™ of NT$15.59. GuruFocus considers Pancolour Ink Co to be Modestly Undervalued.

Key valuation signals for ROCO:4765:

  • Receivables Turnover: 2.63
  • GF Value™: NT$15.59 vs. price of NT$11.95 (23.3% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 53.1% below the Chemicals median (#1095 of 1577)

No single metric tells the full story. See the ROCO:4765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pancolour Ink Co Business Description

Address No. 72-1, Wenming Road, Leshan Lane, Gueishan District, Taoyuan, TWN, 33383
Pancolour Ink Co Ltd is involved in manufacturing UV curable inks, coatings, and adhesives in Taiwan. Its products are used for IC chips, optical discs, plastic and paper products; bonding needs of metal, glass, and other materials; and plastic flexible tubes.
71GF Score

Get the complete analysis for ROCO:4765

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

NT$11.95
Price
NT$15.59
GF Value