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.
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.
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. Taiwan Special Chemicals's Revenue for the
three
months ended in Mar. 2026 was NT$857 Mil. Taiwan Special Chemicals's average Accounts Receivable for the
three
months ended in Mar. 2026 was NT$459 Mil.
Hence, Taiwan Special Chemicals's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.87.
Taiwan Special Chemicals (ROCO:4772) 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.
Taiwan Special Chemicals Receivables Turnover Related Terms
Taiwan Special Chemicals Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Taiwan Special Chemicals'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.
Taiwan Special Chemicals Receivables Turnover Chart
ROCO:4772 vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Taiwan Special Chemicals'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.
Taiwan Special Chemicals Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiwan Special Chemicals's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Taiwan Special Chemicals'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.
Taiwan Special Chemicals (ROCO:4772) has a Receivables Turnover of 1.87 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 Taiwan Special Chemicals and its competitors. According to the industry distribution chart, Taiwan Special Chemicals ranks #421 out of 1577 companies in the Chemicals industry, placing it in the top 26.7%.
Is Taiwan Special Chemicals' Receivables Turnover too high?
Taiwan Special Chemicals' current Receivables Turnover is 1.87. The Chemicals industry median Receivables Turnover is 5.61. Taiwan Special Chemicals' value of 1.87 is 66.7% below this industry median. Based on the distribution chart, Taiwan Special Chemicals ranks #421 out of 1577 companies in the Chemicals industry, which is above the industry midpoint. Overall, Taiwan Special Chemicals has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taiwan Special Chemicals' Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiwan Special Chemicals ranks #421 out of 1577 companies for Receivables Turnover. This puts Taiwan Special Chemicals in the upper half of its industry. The industry median Receivables Turnover is 5.61. Taiwan Special Chemicals' value of 1.87 is 66.7% 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. Taiwan Special Chemicals's current Receivables Turnover of 1.87 is 66.7% 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 Taiwan Special Chemicals 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. Taiwan Special Chemicals's current Receivables Turnover is 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Special Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Special Chemicals (ROCO:4772) is currently considered Possible Value Trap. The stock's GF Value™ is NT$702.34, compared to a current price of NT$240.50 — trading 65.8% below its estimated fair value. The current Receivables Turnover is 1.87 and 66.7% below the Chemicals industry median of 5.61. Taiwan Special Chemicals' overall GF Score™ is 63/100 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 Taiwan Special Chemicals (ROCO:4772), the current Receivables Turnover is 1.87 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 Taiwan Special Chemicals (ROCO:4772) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Special Chemicals stock appears to be undervalued.
The current stock price of NT$240.50 is trading 65.8% below its estimated GF Value™ of NT$702.34.
GuruFocus considers Taiwan Special Chemicals to be Possible Value Trap.
Key valuation signals for ROCO:4772:
Receivables Turnover: 1.87
GF Value™: NT$702.34 vs. price of NT$240.50 (65.8% below fair value)
Industry Position: 66.7% below the Chemicals median (#421 of 1577)
No single metric tells the full story. See the ROCO:4772 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Special Chemicals Corp develops and manufactures semiconductor specialty gases (SEG) and semiconductor chemical materials (SEC), and is engaged in the sale and production of precision chemical materials, as well as the cleaning, maintenance, and refurbishment services for semiconductor equipment and components. It generates maximum revenue from the sale of specialty chemical materials. Geographically, the company generates maximum revenue from Taiwan, followed by other Asian regions, America, Northeast Asia (Japan and Korea), and Europe.
63GF Score
Get the complete analysis for ROCO:4772
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:4772 has been successfully added to your 
